Snehal khanna Blog

The Cabinet also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises LATEST NEWS : The Union Cabinet has approved setting up of 15th Finance Commission and the Terms of Reference for the Commission will be notified in due course, Finance Minister Arun Jaitley informed on Wednesday. The Cabinet has also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises. Law Minister Ravi Shankar Prasad announced that the Cabinet has also decided to revise the salary of High Court and Supreme Court judges. "Benefits of pay revision to judges will be given from January 1st, 2016," he said. In a mission move for protection for women, the Modi government will set up Pradhan Mantri Mahila Shakti Kendra. Other key takeaways: We are going to ensure that a regular winter session is held but we will make sure that the parliament session and election dates don't ov...

Under the PMAY-U, the Centre aims to provide houses to all the urban poor by 2022 LATEST NEWS : The Centre on Thursday approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Awas Yojana- Urban (PMAY-U)  . Under the MIG-I category, the carpet area of the houses has been enhanced from 90 sq.mtr to 120 sq.mtr, while under the MIG-II segment, it has been increased to 150 sq.mtr from the current 110 sq.mtr, Union minister Ravi Shankar Prasad told reporters while briefing them about the Union cabinet decisions. Under the MIG-I category, a four-per cent interest subsidy is provided to the beneficiaries, whose annual income is between Rs 6 lakh and Rs 12 lakh, on a loan of up to Rs 9 lakh. Similarly, under the MIG-II category, the beneficiaries with an annual income of Rs 12 lakh to Rs 18 lakh get an interest subsidy of three per cent on a loan of up to Rs 12 lakh. Under the PMAY-U, the Centre aim...