The Union Cabinet on Wednesday determined to revive the funding for Members of Parliament Local Area Development Scheme (MPLADS) for the rest of 2021-22. The authorities has additionally permitted the hiked worth of ethanol for mixing in petrol apart from approving reservation norms for jute packaging supplies.
The MPLADS funds had been quickly suspended in April 2020 in view of the Covid-19 pandemic. Then Union Minister Prakash Javadekar had introduced that the consolidated quantity of MPLAD Funds for two years – Rs 7,900 crores – will go to Consolidated Fund of India.
In a press briefing on Wednesday, Union Minister Anurag Thakur introduced that the scheme has been restored and can proceed until 2025-26. The funds will likely be launched on the charge of Rs 2 crore per MP for the rest of 2021-22 fiscal yr, in a single instalment. From 2022-23 to 2025-26, the funds will likely be launched at a charge of Rs 5 crore each year per MP in two instalments of Rs 2.5 crore every.
The MPLADS is a programme first launched in the course of the Narasimha Rao-led authorities in 1993. It is aimed in direction of offering funds for developmental works really helpful by particular person MPs.
Price of ethanol hiked
As a part of the federal government’s goal to obtain 20 per cent ethanol mixing in petrol by 2025, the Cabinet on Wednesday permitted the hiked worth of ethanol extracted from sugarcane by as much as Rs 1.47 per litre, beginning December 2021.
The elevated give attention to use of ethanol as a gas will positively impacting the setting in addition to the lives of farmers and scale back dependency on the crude oil imports.
The charge for ethanol from C-heavy molasses has been elevated to Rs 46.66 per litre from Rs 45.69 per litre presently, and that of ethanol from B-heavy to Rs 59.08 per litre from Rs 57.61 per litre, the Information and Broadcasting minister mentioned.
The Union Minister additionally introduced that the worth of ethanol extracted from sugarcane juice, sugar syrup has been elevated from Rs 62.65 to Rs 63.45. He added that ethanol mixing with petrol has touched eight per cent within the 2020-21 advertising and marketing yr (December-November) and is anticipated to reach 10 per cent within the subsequent yr.
Committed worth help to Cotton Commission permitted
The Cabinet Committee on Economic Affairs (CCEA) additionally permitted the dedicated worth help of Rs 17,408.85 crore to the Cotton Commission of India for reimbursing losses incurred throughout 2014-15 to 2020-21 below MSP operations.
Apart from these choices, Thakur additionally introduced that the Cabinet has permitted reservation norms for jute packaging supplies for the yr 2021-22. The norms for packaging in jute supplies mandate that 100 per cent of the meals grains and 20 per cent of sugar will likely be packed in diversified jute baggage.
Moreover, the Cabinet permitted the declaration of November 15, the beginning anniversary of Birsa Munda, as “Janjatiya Gaurav Diwas” and is planning to carry week-long celebrations until November 22.
— With inputs from PTI, ANI