Narendra Modi, approved several important schemes and projects on 16 October, 2024.

National

On October 16, 2024, the Union Cabinet, led by Prime Minister Narendra Modi, approved several important schemes and projects:


      - Dearness Allowance (DA) Increase: An additional 3% of Dearness Allowance for Central Government employees and Dearness Relief for pensioners was approved.

      - Railway Project: The Cabinet approved the Varanasi-Pt. Deen Dayal Upadhyaya multi-tracking project, with an estimated cost of Rs 2,642 crore.

      - Support for Farmers: Rs 35,000 crore was allocated to continue the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) schemes, which aim to support farmers and manage price fluctuations.

Main Points:-   The Cabinet Committee on Economic Affairs (CCEA) has approved an increase in the Minimum Support Prices (MSP) for all Rabi crops for the Marketing Season 2025-26. This means farmers will receive higher guaranteed prices for their Rabi crops during this period.

     


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