Page 25 - NIS English 16-30,April 2023

CABINET DECISIONS

SUBSIDY OF RS 200 PER CYLINDER TO UJJWALA BENEFICIARIES,

MINIMUM SUPPORT PRICE ON JUTE INCREASED BY RS 300

In the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, it was decided to
give a subsidy of Rs 200 on every cylinder up to 12 cylinders in a year to the beneficiaries under
the Pradhan Mantri Ujjwala Yojana. At the same time, giving great relief to the farmers, the central
government also decided to increase the prices of jute. Along with this, the cabinet has also decided
to increase the dearness allowance and dearness relief for the pensioners by 4%…

DECISION: Approval of Rs 200 subsidy on a 14.2 kg DECISION: Union Cabinet approves a 4% increase
cylinder up to 12 refills per year to the beneficiaries in Dearness Allowance for Central Government
of Pradhan Mantri Ujjwala Yojana. employees and Dearness Relief for pensioners.
IMPACT: Beneficiaries of Pradhan Mantri Ujjwala IMPACT: This decision will benefit about 47.58
Yojana will get relief from high prices in the purchase lakh central government employees and 69.76 lakh
of gas cylinders. At the same time, consumers will pensioners. This decision will be effective from 1
also get incentives for continuous use of LPG. January 2023. The combined impact on the exchequer
Also, rural and underprivileged poor families will be on account of both Dearness Allowance and Dearness
assured of clean cooking fuel. There are 9.59 crore Relief would be Rs 12,815.60 crore per annum.
beneficiaries under this scheme till March 1, 2023.
The total expenditure on this has been increased DECISION: NTPC Limited exempted from investing in
from Rs 6,100 crore for the financial year 2022-23 NTPC Green Energy Limited
to Rs 7,680 crore in the year 2023-24. IMPACT: The decision will improve India's global
image as a green economy and reduce India's
DECISION: Approval of Minimum Support Price dependence on conventional sources of energy. Along
(MSP) of raw jute for the 2023-24 season. The with this, the import bill of coal will come down and
approval is based on the recommendations of the the local people will get employment opportunities.
Commission for Agricultural Costs and Prices.
IMPACT: The MSP of raw jute has been fixed at DECISION: Approval for the listing of Indian
Rs 5050 per quintal for the 2023-24 season. This Renewable Energy Development Agency Limited on
will ensure an additional income of 63.20 stock exchanges through Initial Public Offering (IPO).
percent over the average cost of production. This IMPACT: The IPO will help unlock the value of
will benefit about 40 lakh farmers and about 4 the government's investment. The public will be
lakh workers associated with the jute able to share in the national wealth and get
industry. Last year, the MSP of jute was benefits. Governance will improve through discipline
Rs 4,750 per quintal. and transparency.

New India Samachar April 16-30, 2023 23