The Centre today announced a number of welfare measures for children who had lost both parents to Covid, including ensuring a corpus of Rs 10 lakh when they turn 18 and providing for their education.
All such children who have lost both parents or surviving parent or legal guardian or foster parents will be supported under the ‘PM Cares for Children’ scheme. The announcement came following a meeting, chaired by Prime Minister Narendra Modi.
The measures include a fixed deposit in the name of the children in which PM Cares will contribute through a specially designed scheme to create a corpus of Rs 10 lakh when they turn 18 years old.
This corpus will be used to give a monthly financial support and stipend 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. On turning 23, the children will get the corpus amount as one lump-sum for personal and professional use.
“The child will be given admission in nearest Kendriya Vidyalaya or in a private school as a day scholar. If the child is admitted to a private school, the fee as per the RTE norms will be given from the PM Cares.
