On Monday, Prime Minister Narendra Modi announced health benefits for children under PM Cares through video conferencing. Under this plan, students can receive Rs 4,000 per month, financial assistance, scholarship for higher education, and free health treatment up to Rs 5 lakh under Ayushman Bharat Yojana. This plan assures a monthly stipend of Rs 10 lakh for those youth of 18 to 23 years who have lost their parents in the COVID-19 pandemic.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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The objective of this plan is to empower those students by assisting them in their education and providing scholarships & other financial assistance when needed. Also, this plan seeks to ensure the well-being of those children with the right health insurance coverage.
Under this PM CARES for children scheme, students will be allotted a passbook and a health card to avail several benefits. To enjoy perks, students need to register themselves on the web portal of PM Cares for children scheme pmcaresforchildren.in.