New pension scheme gets state cabinet approval
LUCKNOW : The state cabinet on Thursday gave its nod to the new pension scheme (NPS) under which the share of the government has been raised from 10 per cent to 14 per cent while the employees will not have to contribute anything extra and stay at the original 10 percent.
This will benefit around 13 lakh state employees and teachers who have come under the perview of NPS.
The cabinet meeting was presided over by chief minister Yogi Adityanath.
Sources said at the meeting Yogi Adityanth said the state had had non-BJP government for past fifteen years and those governments did not open new pension accounts and did not implement the scheme properly.
The BJP government opened the new accounts and now on the lines of the central government, the state government had increased its share for the pension scheme.
The cabinet also allocated funds for setting up state medical colleges in five districts.
For the state medical college in Shahjahanpur ₹193.3880 crore were allocated, for state medical college in Bahraich ₹197.5555 crore, for Firozabad ₹193.2255, for Basti ₹ 197.9249 and for the state medical college in Ayodhya ₹195.7636.
The state government has also decided to put new conditions for increasing the production capacities of distilleries. The cabinet decided that henceforth only those distilleries whose owners are capable of investing ₹50 crores would be permitted to increase capacity.
The cabinet also decided to change the Medicinal and Toilet (Excise Duty) preparation act of 1955 due to which the rules of Medicinal and Toilet Preparations (Excise Duty) Rules 1956 too stand altered.
The cabinet also gave its approval for the amendment in Rule 38 of section 5 of the General Rules (Criminal), 1977 for the payment of travel and food allowance to the complainant and witness during the hearing of a case in the court.
THE CABINET MEETING WAS PRESIDED OVER BY CHIEF MINISTER YOGI ADITYANATH. THE CABINET ALSO ALLOCATED FUNDS FOR SETTING UP STATE MEDICAL COLLEGES IN FIVE DISTRICTS