Big decisions of Modi government in 2020, how the common man benefited

Big Decision of Modi Government in 2020: In the year 2020, the central government made many such announcements that benefited the common people greatly. Many of these announcements have been different from the budget, that is, which were not mentioned in the budget. Some of the schemes were mentioned in the budget and the government announced them. The ‘Dispute to Confidence’ scheme and the National Recruitment Agency were announced in the budget, which was started this year. Common people benefited greatly from this. Apart from this, due to Corona epidemic, the central government started many schemes which benefited the people. Due to the epidemic, the deadline of ITR filing was enlarged, the introduction of schemes like Pradhan Mantri Jan Dhan Yojana and PM Swanidhi gave relief to the common people.

Budget announcements

Finance Minister Nirmala Sitharaman made some announcements while presenting the budget on 1 February this year. The realization of these announcements has brought a lot of relief to the common people.

• Conflict-of-faith scheme In order to resolve the disputes related to direct tax, the ‘Dispute to Confidence’ scheme was announced in the budget. The scheme was launched on 17 March 2020. Under this scheme, taxpayers were allowed to pay only the disputed tax amount in disputed tax cases for a long time, i.e. interest and penalty will not have to be paid under this scheme. By taking the benefit of this scheme, penalty, interest and litigation can be got rid of.
• Formation of NRA- In the budget this year, the formation of a National Recruitment Agency (NRA) was announced. It was formed on 19 August 2020. The function of the NRA is to conduct an examination for the Group B and Group C posts of all central government jobs. RRB, IBPS and SSC will be merged in it. According to the qualification, different Common Entrance Test (CET) will be taken for the 10th, 12th and graduate pass people at different levels. It will be held twice every year. This greatly benefited the people searching for employment because now the need to fill different forms has ended and the need to give many exams has also ended. This will not only save the time of the contestant but will also reduce their expenditure. Its score card will be valid for three years.

Also Read… 2020: How Much Earn, Spending and Saving Habits Have Changed in the Corona Epidemic; Remember these 5 lessons

Major decisions of the government outside the budget

This year, due to Corona epidemic, the central government took many big decisions. These decisions brought great relief to common people amidst economic uncertainty.

• Increased deadline of some schemes including ITR- Due to Corona epidemic, the deadline of many schemes has increased this year. The deadline of important scheme like ‘Dispute to Scheme’ has been increased to 31 March 2021. Earlier its deadline was increased from 30 June 2020 to 31 December 2020. In addition to this scheme, the deadline for ITR filing has been increased to 31 December 2020 and for those whose accounts have not yet been audited, the deadline is 31 January 2021.
• Approval of EPF withdrawal – Many people lost their jobs due to the epidemic. To help such people financially, the central government approved 6 crore subscribers of EPFO ​​to withdraw three months basic pay from their EPF account and 75 per cent of the amount in DA or account (whichever is less). There was no need to return it again.
• Pradhan Mantri Garib Kalyan Yojana Due to Corona epidemic, many people had to face food and drink problems. On this, the Central Government started the Pradhan Mantri Garib Kalyan Yojana on 26 March 2020. Under this, an announcement was made to provide food grains to about 80 crore ration card holders in the country for free. Under this scheme, a provision was made to give 5 kg of wheat or rice and 1 kg of gram dal per member of a family. This was to be given in addition to the existing quota of grains. However, this plan was brought only till 30 November.
• PM Street Vendors Self-Reliant Fund- The central government launched the PM Street Vendors Self-Reliant Fund (PM Swanidhi) scheme in June 2020. This scheme was started to help the shopkeepers by selling goods on the street-side affected by the corona. Under this scheme, loans up to 10 thousand are available without any guarantee at affordable rates. Under this scheme, shopkeepers, barber shops, cobblers, paan shops, vegetables, fruits, etc. can benefit.
• Deposit of Rs 500 in Jan Dhan account of women- Modi government started Jan Dhan account to connect the poorest of the poor to the banking system. This year, during the Corona epidemic, people started facing financial problems. In such a situation, the Finance Minister announced on 26 March 2020 that for the next three months, 500 rupees will be sent to Jan Dhan account of every woman.