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Which among the following were the part of the Pradhan Mantri Garib Kalyan Yojna (PMGKY) package?
1. Support to National Social Assistance Program.
2. Front-loaded payments to farmers under PM-KISAN.
3. Support to Building & Other Construction workers.
4. Debt moratoria and liquidity support for businesses.
Select the correct answer using the code given below:
1 and 2 only
1, 2 and 3 only
3 and 4 only
1, 2, 3 and 4
Explanation: The Government of India's fiscal policy response to the pandemic was strategised with a step-by-step approach. During the first two-quarters of FY:2020-21, the Government ensured that funds for essential activities were available despite a sharp contraction in revenue receipts. The initial approach was to provide a cushion for the poor and section of society and the business sector (especially the MSMEs) to tide over the distress caused by economic activity disruption. The Pradhan Mantri Garib Kalyan Yojana (PMGKY) ensures food security through the public distribution system, direct benefit transfers to widows, pensioners and women, additional funds for MGNREGS, and debt moratoria and liquidity support for businesses. Along with these, Direct Cash Transfer benefits were provided to farmers under PM-KISAN, Support to Building and Other Construction Workers, 24 percent contribution to EPFO, Pradhan Mantri Ujjwala Yojana, Support to PMJDY women account holders, etc. Therefore, the correct answer is d
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