Modi government again became the messiah for the poor, increased subsidy on LPG cylinder with 4% DA Hike

DA Hike News: Modi government has once again given good news for the common poor. Along with the DA hike, the subsidy available under the Ujjwala scheme has also been increased. Let's look at the major decisions taken in the cabinet today.

DA Hike and LPG Cylinder News: The decision for which the general public was waiting for months. Today the Modi government has stamped it. Whether it is subsidy on LPG cylinder or DA hike. Several major decisions were taken in the Union Cabinet meeting today. The government has released an additional installment for dearness allowance. Central employees will get a lot of relief from this announcement. The central government has increased the dearness allowance from 4% to 42%. Let us inform that this decision has been taken after the meeting of the Union Cabinet held on Friday evening. The Central Government has informed that the Cabinet has approved the release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners from January 1, 2023. This will benefit 47.58 lakh employees and 69.76 lakh pensioners. 

LPG cylinder subsidy extended for 1 year

The Union Cabinet has approved a subsidy of Rs 200 per 14.2 kg cylinder for up to 12 refills per year to the beneficiaries of Pradhan Mantri Ujjwala Yojana. Union Minister Anurag Thakur said that due to global reasons, it was decided to give 12 cylinders in a year and subsidy of Rs. There is no major change in international prices, so it has been decided to extend this subsidy for one more year. This will benefit about 9.6 crore families.

Central employees will also get two months' outstanding arrears.

Explain that according to the figures of AICPI-IW, dearness allowance is given to the employees by adding and subtracting inflation. This allowance is revised every six months. Now that the central government has announced a 4 percent increase in dearness allowance for January. So in this case this allowance will be implemented from January 1, 2023 only. In such a situation, the central employees will also get the outstanding arrears of two months. It is being said that this will also be paid along with the March salary. 

Important decisions taken in the cabinet

With this, the Union Cabinet has fixed the Minimum Support Price (MSP) for raw jute at Rs 5050 per quintal for the 2023-24 season. Union Minister Anurag Thakur said that last year the MSP of jute was Rs 4,750 per quintal, it has been increased by Rs 300 to Rs 5,050 per quintal. This will give a profit of 63% on the average product cost. This will benefit 40 lakh jute farmers.

News is originally taken from: https://www.indiatv.in/paisa/business/modi-government-big-decision-extend-1-year-subsidy-on-lpg-cylinder-and-increased-da-hike-2023-03-24-944999

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