The Union Cabinet on Wednesday cleared proposals in areas ranging from agriculture to moon and venus with a total outlay of more than ₹60,000 crore. The much-awaited 'One Nation, One Poll' policy, implying simultaneous elections across the country, also got the Cabinet approval.
Besides the space and election decisions, that grabbed the headlines, the marquee scheme of PM-AASHA was rejigged for ensuring minimum support price (MSP) to farmers. With an outlay of ₹35,000 crore, the PM-AASHA announcement has come at a time when several state elections, including in farmer-centric Haryana, are scheduled.
The financial outlay for PM-AASHA is for the 15th Finance Commission cycle up to 2025-26. In another farmerfriendly measure, the Cabinet approved a ₹24,474.53-crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season of 2024-25. This will help farmers get crop nutrients at affordable rates.
This story is from the September 19, 2024 edition of Business Standard.
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This story is from the September 19, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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