NEWS

PM CARES for Children Scheme Extended

PM CARES FOR CHILDREN

WHAT  – Special scheme for all those orphaned due to Covid-19

ELIGIBILITY – Children who have lost both parents or their lone surviving parent or their legal guardian or adoptive parent due to Covid-19

OTHER FEATURES

STIPEND

• Amount – corpus of Rs. 10 lakh
• Allocated from the PM CARES fund
• Will be used to give a monthly stipend from 18 years of their age, for the next five years and on reaching the age of 23 years, he or she will get the corpus amount as one lump-sum for personal and professional use

EDUCATION

• Supported by way of admission to Kendriya Vidyalayas and private schools up to higher secondary level
• Will also be supported during their higher education through either a scholarship equivalent to the tuition fees or educational loans where the interest on the loan will be paid by the PM-CARES fund

HEALTH INSURANCE

• All children will be enrolled as a beneficiary under Ayushman Bharat Scheme with a health insurance cover of Rs. 5 lakh
• The premium amount will be paid by PM-CARES till a child turns 18