Union Cabinet Meeting: Major Decisions on One Nation One Election and Lunar Exploration
Union Cabinet Approves One Nation One Election Framework
The Union Cabinet, chaired by Prime Minister Narendra Modi, has unanimously accepted the recommendations from the Kovind panel regarding the 'One Nation One Election' initiative. This framework intends to synchronize the Lok Sabha and state Assemblies elections, followed by local body polls, to enhance the electoral process within India.
Launch of New Lunar Mission: Chandrayaan-4
A new lunar mission, Chandrayaan-4, was greenlit by the Union Cabinet. This mission will demonstrate essential technologies for landing Indian astronauts on the moon. The estimated cost is Rs 2,104.06 crore, with a timeline of 36 months for its completion.
Subsidy Approval for P&K Fertilizers
Additionally, the Cabinet authorized a subsidy of Rs 24,475.53 crore for phosphatic and potassic (P&K) fertilizers for the rabi season of 2024-25. This decision ensures affordable prices for farmers in accessing vital crop nutrients.
Continuity of PM-AASHA Scheme
Furthermore, the Cabinet has extended the PM-AASHA scheme with a budget of Rs 35,000 crore to secure fair prices for farmers and manage price fluctuations of key commodities.
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