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A group of people walking on the streets. Dhauru Photo/ Abdulla Yashau

Third round of cash transfers to Covid-hit workers announced

The third round is open to self-employed workers only; assistance of up to MVR 60,000 will be given

15 April 2023

By Aishath Fareeha Abdulla

The third round of financial assistance to self-employed workers, whose income has been affected due to the Covid-19 pandemic, has been opened for applications.

Economic ministry on Thursday announced that programme, funded by the World Bank under its Covid-19 Emergency Income Support Project will undertake a third round of financial assistance to self-employed workers.

The ministry said that after evaluating the applications submitted in the second round of the programme, funds are being released to the deserving.

In the third round:

  • 500 slots open

  • Candidates need to apply for financial assistance via an online form

  • Application deadline is May 31

  • Assistance of up to MVR 60,000 will be given

  • Funds will be released in two instalments; up to 80% in the first round

The conditions to be met in requesting help are as follows:

  • Should have earned income from self-employment in the last one year till September 

  • Not to be in a paid job for the last one month till the time of submission of application; if the applicant is employed, they should not be working for more than 20 hours a week

Sectors covered in the third round include:

  • Crafts and skilled labour

  • Beauty and make-up 

  • Photography and Videography

  • Tailoring, fashion and textiles 

  • Information communication technology

  • Creative arts and music

  • Sports and fitness

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