1. Modi Cabinet decisions: From Gratuity Amendment Bill to 1% hike in Dearness Allowance; all you need to know

Modi Cabinet decisions: From Gratuity Amendment Bill to 1% hike in Dearness Allowance; all you need to know

The Union Cabinet led by Prime Minister Narendra Modi took a number decisions that are likely to benefit lakhs of people across the country.

By: | New Delhi | Published: September 12, 2017 7:03 PM
modi cabinet decisions, narendra modi cabinet decisions, narendra modi, gratuity amendment bill, dearance allowance, New Delhi: Prime Minister Narendra Modi lights the lamp as Minister of State for Culture (I/C) and Environment, Forest & Climate Change, Mahesh Sharma and Sports Minister Rajyavardhan Singh Rathore look on, during a function on the occasion of 125th anniversary of Vivekananda’s Chicago Address and birth centenary of Deendayal Upadhyay in New Delhi on Monday. (PTI Photo)

The Union Cabinet led by Prime Minister Narendra Modi took a number of decisions that are likely to benefit lakhs of people across the country. One of the most important decision was to approve the introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament. This amendment will increase the maximum limit of gratuity of employees in the private and public sectors. The Cabinet also approved an additional 1 per cent dearness allowance for Central government employees. Among other decisions, Modi Cabinet cleared a number of infrastructure projects in including doubling of rail lines between Barabanki-Akbarpur in Uttar Pradesh and Daund-Manmad in Maharashtra. The Cabinet has also approved the development of six laning of Narasannapeta-Ranastalam section of National Highway (NH)-16 in Andhra Pradesh.

Here are the full details of Modi Cabinet decisions on September 12, 2017:

Additional 1 per cent Dearness Allowance to Central Government employees and Dearness relief to pensioners w.e.f. July 1, 2017:

The Union Cabinet has given its approval for release of additional 1% Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners. It will be applicable from July 1, 2017. The release of the additional instalment of DA represents an increase of 1% over the existing rate of 4% of the Basic Pay/Pension, to compensate for price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

The combined impact on the exchequer on account of both DA and DR would be Rs.3068.26 crore per annum and Rs.2045.50 crore in the financial year 2017-18 (for a period of 8 months from July, 2017 to February, 2018). This will benefit about 49.26 lakh Central Government employees and 61.17 lakh pensioners.

MoU between India and Morocco on cooperation in the field of health:

The MoU covers the following areas of cooperation: i) Non-communicable diseases, including child cardiovascular diseases and cancer; ii) Drug Regulation and Pharmaceutical quality control; iii) Communicable Diseases; iv) Maternal, child and neonatal health; v) Hospital twinning for exchange of good practices; vi) Training in administration and management of health services and Hospitals; vii) Any other area of cooperation as may be mutually decided upon.

MoU between India and Armenia on Cooperation in the field of Disaster Management:

This MoU would help enhance cooperation in the field of Disaster Management and contribute to the well-being and safety of the people of both the countries in the event of disaster. It will also result in the exchange of information in the relevant fields of disaster management which is of mutual interest.

The MoU also seeks to put in place a system, whereby both India and Armenia will be benefited from the disaster management mechanisms of the other country and will help in strengthening the areas of preparedness, response and capacity building.

Cabinet approves hiving off mobile tower assets of Bharat Sanchar Nigam Limited into a separate company, fully owned by BSNL

This approval authorizes BSNL to monetize its telecom tower infrastructure with the formation of a separate subsidiary company. There are around 4,42,000 mobile towers in the country, out of which more than 66,000 mobile tower are of BSNL.

MoU between India and Japan for collaborative research in the field of silkworm and silk industries:

The MoU was signed on 11.11.2016 between CSB and NIAS for initiating a Collaborative Research for developing prolific bivoltine hybrids of silkworm suitable for the

Indian tropical conditions. The MoU is of scientific and technological nature. It would help in developing prolific hybrid silkworms, which would improve the manufacturing capacity and the quality standards of the Indian sericulture industry and thereby enhance exports of silk and silk products.

Introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament:

The Amendment will increase the maximum limit of gratuity of employees, in the private sector and in Public Sector Undertakings/ Autonomous Organizations under Government who are not covered under CCS (Pension) Rules, at par with Central Government employees.

Doubling of Barabanki-Akbarpur railway line:

The 161 km long railway line is expected to be completed by 2021-22. Doubling of the line will greatly ease the ever increasing passenger and freight traffic on Barabanki-Akbarpur route thereby increasing the revenue of Railways. Besides travelling people, industries in and around Barabanki-Akbarpur route will have additional

transport capacity to meet their requirements. The districts of Barabanki and Faizabad in Uttar Pradesh will be benefited by this project.

Doubling of Daund-Manmad railway line:

The 247.5 km long railway line is expected to be completed in five years. It will greatly ease the ever increasing passenger and freight traffic on Daund-Manmad route thereby increasing the revenue of Railways. The districts of Pune, Ahmednagar and Nashik in Maharashtra will be benefited by this project.

Implementation of the scheme “Dairy Processing & Infrastructure Development Fund”:

Following Union Budget 2017-18 announcement, Dairy Processing & Infrastructure Development Fund will be set up as a corpus of Rs 8004 crore with National Bank for Agriculture and Rural Development (NABARD).

The project will focus on building an efficient milk procurement system by setting up of chilling infrastructure and installation of electronic milk adulteration testing equipment, creation/modernization/expansion of processing infrastructure and manufacturing faculties for Value Added Products for the Milk Unions/ Milk Producer Companies.

Survey of Un-appraised Areas of Sedimentary Basins of India:

The project will help in increasing the investments in domestic production of oil and gas. The project will be implemented by NOCs, i.e. Oil India Limited (OIL) and Oil and Natural Gas Corporation (ONGC). OIL will conduct survey in North – Eastern States while remaining area will be covered by ONGC. Survey work will be carried out in 24 States. Total estimated cost of the entire project is Rs. 2932.99 crore spread over five years.

Development of six laning of Narasannapeta-Ranastalam section of National Highway (NH)-16 in Andhra Pradesh:

The cost of the project is estimated to be Rs 1423 crore, including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the six laning road to be developed is approximately 54 km. This work will be done under National Highways Development Project (NHDP) Phase V on Hybrid Annuity Mode.

It will benefit major industrial development centres such as APIIC SEZ, Pydibhimavaram, Bhogapuram Airport, Vizag Steel Plant, Visakhapatnam Port, Gangavaram Port, Divi’S Laboratories Limited & INS Varsha.

  1. S
    Sima Adak
    Sep 12, 2017 at 9:14 pm
    Stop DA
    Reply
    1. R
      Rajeshkumar
      Sep 12, 2017 at 7:57 pm
      Desh wasi aur garibo se luto tax lekar aur dekhwa karo election campaign par choro ki sarkar hai bana hara hai sabko
      Reply
      1. G
        Gopalan Nair
        Sep 12, 2017 at 7:34 pm
        Increasing DA, Gratuity, ry hike etc will of course please the government employees. But where does it all leave the common man and the Indian economy. As it is, major portion of governmental income is eaten away by way of bureaucratic ries and perks in the center and states. We may wind up like Greece, where measures to please the employees has landed the economy in shambles. The common man in India is already burdened with the high rate of taxes in all accounts and now with GST in spite of declarations by ministers, the tax burden has only increased. God alone knows where the Indian economy is headed to and the common man has to take the burden for all these employee's pleasing measures.
        Reply

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