City
Epaper

Will ask states to use Rs 31,000 cr fund for building workers: Centre

By IANS | Updated: March 26, 2020 18:38 IST

(IANS) Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct state governments to utilise the construction workers' welfare fund to support these workers against economic disruption due to the 21-day lockdown in the wake of the coronavirus crisis.

Open in App

New Delhi, March 26 Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct state governments to utilise the construction workers' welfare fund to support these workers against economic disruption due to the 21-day lockdown in the wake of the coronavirus crisis.

Addressing the media here, Sitharaman said that the fund created by a central government's Act currently has about Rs 31,000 crore in it. A total of around 3.5 crore workers are registered under the Act.

"Obviously, because of the way we have taken a call to contain the coronavirus with a lockdown so that people stay at home and don't expose themselves to the risk, as a result, many building and construction workers may be feeling the impact because their work has come to a halt," she said.

"There is a welfare fund for building and other construction workers' welfare. We intend to give directions to the states to utilize this fund to provide assistance and support to those workers in the construction and building sectors to protect them against any economic disruption."

Several experts and industry players, including developers, had demanded economic support to the construction workers whose work has come to a standstill due to the lockdown.

Along with other major announcements, the minister also announced that the government has directed states to use district mineral fund for the coronavirus medical expenses.

States will use district mineral fund for medical screening, facilities, and healthcare needs, she said.

Concerns have been raised in the past few days over the medical infrastructure in the country to deal with the disease and the required funds for the requisite facilities.

( With inputs from IANS )

Tags: United StatesNirmala SitharamanNew DelhiUnion Finance
Open in App

Related Stories

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

NationalNew Delhi Railway Station Sees ‘Stampede-Like’ Chaos Due to Train Delays (Watch)

NationalAmit Shah Reviews Delhi’s Law & Order Situation, Says Illegal Intruders Will Be Identified and Deported

NationalDelhi: Speaker Vijendra Gupta Responds To LoP Atishi’s Letter, Says, “Surprising That Opposition Is Not Aware Of Rules”

कारोबार Realted Stories

BusinessIndia, Denmark sign pact to accelerate drive for clean energy

BusinessSwiggy shares hit 52-week low, fall over 43 pc this year

BusinessSanjay Khanna Takes Over the Additional Charge of Chairman & Managing Director of BPCL Today

BusinessMBG CARD India Pvt Ltd Launches All-in-One Google My Business Ranking & Management Tool for Local Businesses

BusinessSa-Dhan and Bank of India Sign a MoU for Expanding Financing Footprint