Modi 2.0 cabinet's first meet: PM hails government for taking 'path-breaking decisions'
Prime Minister Narendra Modi welcomed the first four decisions taken by the Union Cabinet, dubbing them as 'path-breaking decisions.'
Modi 2.0 cabinet meeting: Hailing the first Cabinet meeting of the new Lok Sabha that took place today in New Delhi, Prime Minister Narendra Modi welcomed the first four decisions taken by the Union Cabinet, dubbing them as 'path-breaking decisions.' He said that the Bharatiya Janata Party (BJP) had promised these measures in its election manifesto and it fulfilled it on the very first meeting of its Cabinet, giving due respect to the public mandate it received across India in the Lok Sabha Elections 2019.
See PM Modi's tweet below:
People first, people always.
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.
The decisions will enhance dignity and empowerment of several Indians. pic.twitter.com/U9JTXeyoVm
— Narendra Modi (@narendramodi) May 31, 2019
Prime Minister Narendra Modi expressed his happiness over the decisions taken in the first meeting through his tweet, "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." He said the decisions will enhance dignity and empowerment of several Indians. "People first, people always," he wrote.
Source: Zee Business TV
The government on Friday decided to:
1. extend the PM-KISAN scheme to all 14.5 crore farmers in the country that will cost an additional Rs 12,000 crore on the government ex-cheaquers taking the final fund to be spend on the scheme to Rs 87,000 crore a year.
2. The government also announced over Rs 10,000 crore pension scheme for five crore farmers, thereby fulfilling the BJP's poll promise.
3. Modi government on its first day announced a minimum monthly pension of Rs 3,000 for traders across the nation, which will benefit over three crore people.
4. The Centre also decided to bear the entire cost of Rs 13,343 crore under an existing scheme that seeks to control livestock diseases, especially food and mouth disease (FMD) and brucellosis, in the next five years.
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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
11:30 PM IST