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Welfare package may have less than intended bang for bucks, say experts

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NEW DELHI : The economic welfare package the government announced on Thursday may have a little less than the intended bang for the bucks as some of the payments are either frontloading of already allocated funds or are routine annual increases, say experts.

The welfare payments announced are meant to give relief to unorganised sector workers, farmers and the poor who face loss of livelihood and economic hardships triggered by the Coronavirus crisis.

The new measures include doubling the food grain entitlements for three months which is intended to benefit two-thirds of the population, free of cost refilling of LPG cylinders for eight crore households and the government paying 24% of monthly wages of workers to Provident Fund accounts.

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