Cabinet Decisions, India-Japan Relations, and Women's Day Gift: A Recap of Recent Developments
The Union Cabinet of India has recently made significant decisions spanning various sectors, including welfare schemes, defense acquisitions, and industrial development. Additionally, India’s Foreign Minister, S. Jaishankar, highlighted the need to bolster economic ties with Japan during his visit to Tokyo. Let’s delve into the key highlights of these developments.
1. Women’s Day Gift: Continued Subsidy for Pradhan Mantri Ujjwala Yojana Beneficiaries: The government has approved the continuation of a targeted subsidy of ₹300 per 14.2 kg cylinder for up to 12 refills per year for beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY). This initiative, totaling ₹12,000 crores, aims to empower women by ensuring access to clean cooking fuel.
2. Hike in Dearness Allowance and Dearness Relief: A 4 percent increase in Dearness Allowance for government employees and Dearness Relief for pensioners has been sanctioned by the Union Cabinet, effective from January 1, 2024. This decision reflects the government’s commitment to enhance the financial well-being of its workforce.
3. Launch of India AI Mission: The Cabinet has approved the establishment of a comprehensive national-level ‘India AI Mission’ with an outlay of ₹10,371.92 crore over five years. This initiative aligns with the vision of promoting indigenous development and adoption of artificial intelligence technologies, driving innovation and economic growth.
4. MSP Raise for Raw Jute: In a move to support agricultural sustainability, the government has raised the Minimum Support Price (MSP) for raw jute to ₹5,335 per quintal for the 2024-25 season. This decision aims to ensure fair remuneration for farmers and maintain production viability.
5. Acquisition of ALH Dhruv Helicopters: The Cabinet Committee on Security has cleared the procurement of 34 ALH Dhruv helicopters for the Indian Army and Indian Coast Guard. These indigenous helicopters, to be manufactured by Hindustan Aeronautics Limited, will bolster India’s defense capabilities and enhance maritime security.
6. Northeast Industrialization Scheme: A ₹10,037-crore scheme has been approved by the Cabinet to promote industrialization in the Northeast region of India. This initiative is expected to generate significant employment opportunities, fostering socio-economic development in the region.
India-Japan Relations: During his visit to Japan, Foreign Minister S. Jaishankar emphasized the need to strengthen economic ties between India and Japan. Despite robust investments, bilateral trade remains below potential. Both countries have pledged to explore new avenues for collaboration, including development partnership projects in third countries, to harness mutual benefits and foster regional connectivity.
The recent decisions taken by the Union Cabinet reflect the government’s commitment to inclusive growth, technological advancement, and national security. Additionally, efforts to enhance economic cooperation with Japan underscore India’s proactive approach to strengthening international partnerships. These initiatives pave the way for a more prosperous and interconnected future for India and its global partners.