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Forward of the brand new yr, the Union Cupboard, headed by Prime Minister Narendra Modi, took a collection of people-friendly selections.
OROP overhaul
The federal government on Friday accredited revision of pension of armed forces personnel underneath ‘One Rank One Pension’ scheme with retrospective impact from July 1, 2019 and the choice will profit round 25 lakh pensioners.
The choice taken at a gathering of the Union Cupboard presided over by Prime Minister Narendra Modi will end in an extra annual expenditure of Rs 8,450 crore, in line with the defence ministry.
It stated Rs 23,638 crore can be paid as arrears to the pensioners from July 2019 to June 2022.
“The Union Cupboard, headed by Prime Minister Narendra Modi, has accredited revision of pension of armed forces pensioners/household pensioners underneath One Rank One Pension (OROP) with impact from July 1, 2019,” the ministry stated in an announcement.
It stated the pension of the previous pensioners can be re-fixed on the premise of common of minimal and most pension of defence forces retirees of calendar yr 2018 in the identical rank with the identical size of service.
The armed forces personnel retired as much as June 30, 2019 (excluding these retired pre-maturly (PMR) with impact from July 1, 2014 can be coated underneath this revision, in line with the ministry.
Greater than 25.13 lakh (together with over 4.52 lakh new beneficiaries) pensioners and household pensioners can be benefitted from the choice, it stated.
Govt makes foodgrain freed from price for 81.35 cr individuals underneath NFSA for 1 yr
In a pro-poor transfer, the federal government on Friday determined to offer free foodgrains to 81.35 crore individuals for one yr underneath the Nationwide Meals Safety Act (NFSA) at an estimated price of Rs 2 lakh crore.
At present, the beneficiaries coated underneath the NFSA pay Rs 1-3 per kg.
Underneath the Act, foodgrain is allotted at 5 kg per particular person per thirty days for precedence households class and at 35 kg per household per thirty days for Antodaya Anna Yojna (AAY) households at extremely subsidised costs of Re 1, Rs 2 and Rs 3 per kg for coarse cereals, wheat and rice, respectively.
With the Cupboard determination on Friday, beneficiaries underneath NFSA will get foodgrains freed from price for one yr until December 2023.
The choice comes days forward of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) ending on December 31, 2022.
Govt hikes copra MSP
The federal government has elevated the minimal help value(MSP) of milling copra by Rs 270 per quintal and ball copra by Rs 750 per quintal.
The Cupboard Committee on Financial Affairs chaired by Prime Minister Narendra Modi has accredited Minimal Assist Costs (MSPs) for copra for 2023 season, an official assertion stated.
The approval relies on suggestions of the Fee for Agricultural Prices and Costs (CACP) and views of main coconut rising states.
“The MSP for Honest Common High quality of milling copra has been mounted at Rs 10,860 per quintal and for ball copra at Rs 11,750 per quintal for 2023 season. This is a rise of Rs 270 per quintal for milling copra and Rs 750 per quintal for ball copra over the earlier season,” the assertion stated.
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