Cabinet choices: MPLADS restored, Rs 2 crore this fiscal

After suspending the MP Local Area Development Scheme (MPLADS) to make use of the funds within the battle in opposition to Coivid-19 final yr —a move criticised by the Opposition — the Cabinet Wednesday determined to revive it. However, of the Rs 5 crore that every MP will get beneath the scheme, solely Rs 2 crore can be disbursed within the present monetary yr. They will get all the funds from the subsequent monetary yr.

“I am glad to share with you that in view of the improvement in economic scenario, the way economic recovery has taken place and we have seen growth in various sectors as well, a decision has been taken to restore MPLAD Scheme for the remainder period of the fiscal 2021-22,” I&B Minister Anurag Thakur mentioned at a Cabinet briefing. The determination comes weeks forward of the Winter Session of the Parliament.

Restoration and continuation of MPLADS as much as 2025-26 will price the federal government Rs 17,417 crore, the Centre mentioned.

Under the scheme, funded by the Centre, MPs get Rs 5 crore in two instalments a yr, which can be utilized for improvement work equivalent to creation of neighborhood belongings within the areas of ingesting water, major schooling, public well being, sanitation and roads, of their respective constituencies.

Suspension of the scheme final yr had evoked sharp reactions from the Opposition. While the Congress mentioned the choice would undermine the position of an MP, the TMC termed the step “whimsical” and “undemocratic”

Central govt okays Rs 17,400 cr to CCI for cotton procurement

The authorities Wednesday authorised ‘committed price support’ of Rs 17,408.85 crore for Cotton Corporation of India, the company answerable for procuring cotton from farmers if costs fall beneath the MSP, for seven cotton seasons from 2014-15. It additionally made it necessary for 100 per cent of foodgrains and 20 per cent of sugar to be packed in jute baggage. The choices have been taken on the Cabinet Committee on Economic Affairs meet headed by PM Narendra Modi.

— With PTI inputs