Millennium Post

Day 1: Cabinet's big moves for farmers, traders & martyr's kin

New Delhi: In his first decision after assuming office, Prime Minister Narendra Modi on Friday approved a hike in scholarship given to widows and wards of deceased or ex-service personnel of armed and paramilitary forces from the National Defence Fund and extended its ambit to include wards of state police officials martyred in terror or Maoist attacks.

The rates of scholarship have been increased from Rs. 2000 per month to Rs.2500 per month for boys and from Rs. 2250 per month to Rs. 3000 per month for girls, the Prime Minister's Office said in a statement.

"The ambit of the Scholarship Scheme is extended to the wards of state police officials who are/were martyred during terror/naxal attacks," it said.

In its first meeting of the new term Friday evening, the new Modi cabinet made big moves for farmers and traders.

The cabinet has decided to extend the PM-KISAN scheme - which promises poor farmers an annual payout of Rs.6,000 in three instalments - to all farmers. The new move will benefit around 15 crore farmers.

The cabinet also approved a new central sector scheme called the Pradhan Mantri Kisan Pension Yojana which is a voluntary and contributory pension scheme for small and marginal farmers across the country. The Cabinet has also cleared the pension scheme for traders. Three crore retail traders and shopkeepers will benefit from the scheme.

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