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

National | Dated: 22 Oct 2024

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

🎯 Key Highlights:

  • - 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.

💡 Other Important Facts:

  • 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.

📚 Test Your Knowledge:

Who approved several important schemes and projects on 16 October, 2024 recently ?

Correct Answer: Narendra Modi

🚀 Quick Recap: