Top 5 Path-Breaking Decisions By Modi 2.0 Cabinet; Big Boost for Farmers, Small Traders & Students

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The Prime Minister of India believes in taking action without wasting much time. And the same is evident from the fact that during its first Cabinet meeting the Modi 2.0 government took some major path-breaking decisions in the field of agriculture and education.

The PM is a social media enthusiast. He immediately tweeted after the meeting about the new decisions saying that these decisions will surely enhance the empowerment and dignity of several Indians.   

Path-Breaking Decisions By Modi 2.0 Cabinet

14.5 Crore Farmers To Benefit From PM Kisan Scheme

According to the new decision around 14.5 crores of farmers will get the benefit of PM Kisan Scheme. With the aim to propel the rural consumption forward, the new government has decided to give cover to all the farmers, under this scheme irrespective of their land assets.

Through this scheme, the farmers will get Rs.6000 directly transferred to their bank accounts. The new revised scheme will provide cover to 2 crores more farmers for which the government will spend around Rs.87,217.50 crore in the fiscal year of 2019-20. The budget for the same of the previous government was Rs.75,000.

Agriculture Minister Narendra Singh Tomar said “The Union Cabinet chaired by Prime Minister Narendra Modi approved the extension of PM-Kisan Yojana to all farmers. Nearly 14.5 crore farmers would now benefit from the scheme.”

Rs.10,774 crore For Farmers’ Pension Scheme

The new cabinet approved the pension scheme proposal for farmers through which the Center will spend Rs.10,774 crore in the period spanning three years. This decision has been taken to tackle the growing distress in the farming sector that has affected the rural economy very badly.

The agriculture and its allied activities reduced in the financial year 2018-19. These are the major contributors to the growth of GDP.

Pension Scheme For Traders To Benefit 3 Crore Shopkeepers and Retail Traders

The Modi’s new cabinet approved a pension scheme for traders that assures minimum monthly pension of Rs.3,000 to all three crore retail traders, self-employed persons, and shopkeepers after they have attained the age of 60 years. It was one of the poll promises of BJP which it fulfilled immediately after coming to power.

In the next 3 years, five crores more traders will become a part of this pension scheme. According to an official statement, “All shopkeepers and self-employed persons as well as retail traders with GST turnover below Rs. 5 crore and aged between 18-40 years can enroll for the scheme.”

Persons interested in the scheme can enroll their names across 3.25 lakh common service centers across the country.

Approval Of 13,343 Crore Program For Controlling Diseases Among Livestock

In a unique decision, the cabinet gave approval to an ambitious scheme to control the diseases that affect the livestock in the country. The 13,343 crores scheme will be run for the next five years with the intention to eradicate all such diseases affecting the livestock.

The Union Minister Prakash Javadekar said, “This is an existing vaccination scheme under which the Centre and state governments contribute funds in the ratio of 60:40. In a rare instance of departure, the Central government has decided to now bear the entire cost.”

Big Changes In Prime Minister’s Scholarship Scheme

The Narendra Modi government in its first cabinet meeting of the second term has decided to increase the amount that is paid to the Prime Ministers’ Scholarship scheme. This Yojna is run under the National Defence Fund and now has been extended to the students of state police personnel who died during Naxal or terror attacks.

The rates of scholarship have been hiked from Rs.2,000/month to Rs.2500/month for boys and from Rs.2,250/month to Rs.3000/month for girls.

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