PM Vidyalakshmi Yojana was approved in the Modi Cabinet meeting held in New Delhi on Wednesday. In this, the Government of India will give 75% credit guarantee on loans up to Rs 7.5 lakh for higher education. Children of families with an annual income of Rs 8 lakh will also be given 3% interest subsidy on loans up to Rs 10 lakh. Students with an annual income of up to Rs 4.5 lakh are already getting full interest subsidy. More than 22 lakh students of the country’s major 860 higher education centers will come under the purview of this scheme. In the Union Cabinet meeting chaired by Prime Minister Narendra Modi, it was said – The objective of this scheme is to provide assistance to meritorious students, so that money does not become a hindrance in their studies. PM Vidyalakshmi Yojana is an extension of the National Education Policy, 2020. Modi said – Step taken to make education accessible Now know the decisions of previous cabinet meetings October 24: Government will spend 1,000 crores on start-ups in space sector
The Government of India will spend Rs 1,000 crore to promote start-ups in the space sector. It will be spent in five years. 150 crores will be spent in 2025-26, 250-250 crores in 2026-27, 2027-28 and 2028-29, 100 crores in 2029-30. Union Minister Ashwin Vaishnav gave this information after the cabinet meeting. Prime Minister Narendra Modi chaired the meeting. The Committee on Economic Affairs (CCEA) passed two projects of the Ministry of Railways worth Rs 6,798 crore during this period. In this, 256 km of railway line will be doubled in Narkatiaganj-Raxaul-Sitamarhi-Darbhanga and Sitamarhi-Muzaffarpur sections. At the same time, a new 57 km rail line will be laid between Errupalem and Namburu via Amaravati. It will pass through NTR Vijayawada and Guntur districts of Andhra Pradesh and Khammam district of Telangana. The doubling in Bihar will increase connectivity to Nepal, Northeast India. There will be convenience in the movement of goods trains as well as passenger trains. Both the schemes will cover 8 districts of three states Andhra Pradesh, Telangana and Bihar. Read full news… 9 October: Free food grains to the poor till December 2028
In the meeting of the Union Cabinet held on October 9, 2280 KM road construction was approved in the border areas of Rajasthan and Punjab with an investment of Rs 4406 crore. Approval was also given to continue the supply of free fortified rice from July 2024 to December 2028 under the Pradhan Mantri Garib Kalyan Yojana (PM-GKAY) and other welfare schemes. Union Minister Ashwini Vaishnav had said that it would cost Rs 17,082 crore, which would be fully borne by the Central Government. He had said that the world’s largest National Maritime Heritage Complex (NMHC) would be developed at Lothal in Gujarat. Read full news… 3 October: Announcement of 78 days bonus to railway employees In the Union Cabinet meeting held on 3 October, 78 days bonus was announced to the railway employees. Union Railway Minister Ashwini Vaishnav had told that the government has approved a productivity linked bonus of Rs 2029 crore for railway employees. He had told that 11,72,240 railway employees will benefit from this announcement. The government has also approved the Pradhan Mantri-Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana. A provision of Rs 1,01,321 crore was made for this. Apart from this, Marathi, Pali, Prakrit, Assamese and Bengali were given the status of classical language. The Government of India established the classical language category in 2004, starting with Tamil. Read full news… 12 August: Modi Cabinet approves 12 Industrial Cities The first meeting of the Council of Ministers of the third term of the Modi government was held on 28 August at Sushma Swaraj Bhawan in Delhi. In this, the Union Cabinet of Economic Affairs approved 12 new industrial smart cities in 9 states. Spread across 10 states and connected to six major corridors, these 12 industrial smart cities will prove to be an important leap in promoting manufacturing. The government will invest Rs 28,602 crore on them under the National Industrial Corridor Development Program. Read full news… 9 August: 3 crore new houses in Modi government’s housing scheme, 8 railway projects approved The Union Cabinet approved the Pradhan Mantri Awas Yojana-Urban 2.0 scheme on 9 August. Under the scheme, three crore houses are to be built at a cost of Rs 3,60,000 crore. Eight railway projects were approved to improve connectivity. Information and Broadcasting Minister Ashwini Vaishnav gave information about the cabinet decisions. According to the Pradhan Mantri Awas Yojana-Urban 2.0 scheme, families belonging to EWS/LIG/Middle Income Group (MIG) segment who do not have any permanent house anywhere in the country are eligible to buy or construct a house under PMAY-U 2.0. ???????Read full news… June 10: First cabinet meeting of Modi 3.0 After taking oath as Prime Minister for the third time, the PM held the first meeting of the Council of Ministers on the very next day i.e. June 10. In this, approval was given to build three crore new houses for the poor. Under this scheme, a total of 4.21 crore houses have been built in the last 10 years. Under the scheme, financial assistance is given by the central and state government for building a house. PM Modi also signed the file of Samman Nidhi. Under the Kisan Kalyan Yojana of the Center, 9.3 crore farmers of the country are given financial assistance of Rs 6 thousand annually. This is called Kisan Samman Nidhi. Modi had approved its 17th installment. Read full news…
