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Government announces PM CARES for children scheme

Date: 01 June 2021 Tags: Miscellaneous
  • Prime Minister Narendra Modi has announced that those children who have lost both parents or guardian due to COVID-19 will be supported under the ‘PM-CARES for Children’ scheme.
  • The prime minister said that such children will get a monthly stipend once they turn 18 and a fund of Rs 10 lakh when they turn 23 from PM-CARES.
  • The corpus will be used to give monthly financial support from 18 years of age, for the next five years to take care of the child's personal requirements during the period of higher education.