Union Cabinet okays pension for traders

The  Union Cabinet has cleared the pension scheme for traders under which all shopkeepers, retail traders and self-employed persons are assured of a minimum monthly pension of Rs 3,000 per month after attaining the age of 60 years.

Union Home Minister Amit Shah Friday described as “landmark” the Modi government’s decision to launch a new pension scheme for shopkeepers and retail traders.” In its efforts to provide universal social security, the Modi government has taken a landmark decision and approved a new scheme, which assures all shopkeepers, retail traders and self-employed persons a minimum monthly pension of Rs 3000 per month after the age of 60 years,” he tweeted.

Meanwhile, Cabinet clears special scheme for Control of Foot and Mouth Disease (FMD) and Brucellosis. The diseases of Foot and Mouth Disease (FMD) and Brucellosis are very common amongst the livestock – cow-bulls, buffaloes, sheep, goats, pigs etc. The BJP had promised these measures in its election manifesto.

“Glad that path-breaking decisions were taken in the cabinet, the first in this tenure. Hardworking farmers and industrious traders will benefit greatly due to these decisions,” Modi tweeted after the meeting of the cabinet.He said the decisions will enhance the dignity and empowerment of several Indians. “People first, people always,” he wrote.

Meanwhile, in his first day in office on Friday, the prime minister offered floral tribute to the idols of Mahatma Gandhi and Vallabhai Patel in his South Block Office. He also posted a short video.

Prime Minister Modi, first decision after assuming office was to hike the rates of scholarship from Rs 2000 per month to Rs 2500 per month for boys and from Rs 2250 per month to Rs 3000 per month for girls under the National Defence Fund (NDF).

Approving the major change, Prime Minister’s new Cabinet also extended the ambit of the ‘Prime Minister’s Scholarship Scheme’ to the wards of State Police officials who are/were martyred during terror/Naxal attacks.

The quota of new scholarships for wards of state police officials will be 500 in a year. The Ministry of Home Affairs will be the nodal Ministry in this regard.

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