The Modi Cupboard on Thursday introduced a rise in Dearness Allowance (DA) of Central authorities staff by 4 per cent to 50 per cent. The elevated DA might be efficient from January 1, 2024.
This may profit about 49.18 lakh Central authorities staff and 67.95 lakh pensioners, in response to an official assertion issued after the assembly. The mixed affect on the exchequer on account of each Dearness Allowance and Dearness Reduction can be Rs 12,868.72 crore every year.
This improve is in accordance with the accepted components, which is predicated on the suggestions of the seventh Central Pay Fee.
The Cupboard has additionally permitted the continuation of the Rs 300 subsidy to PM Ujjwala Yojana customers until March 31, 2025. The entire expenditure for this might be Rs 12,000 crores, Union Minister Piyush Goyal knowledgeable.
The Cupboard has permitted the Minimal Assist Value (MSP) for Uncooked Jute for 2024-25 season at Rs 5,335 per quintal, a rise of Rs 285 per quintal over the earlier season, Piyush Goyal introduced.
The federal government additionally permitted a complete national-level IndiaAI mission with a price range outlay of over Rs 10,000 crores.
Along with the above choices, the Cupboard permitted Rs 10,237 crore scheme to advertise industrialisation within the Northeast area, the Union Minister additional knowledgeable.
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