Cabinet approves additional 2% Dearness Allowance / Dearness Relief due from January, 2017


Cabinet approves additional 2% Dearness Allowance / Dearness Relief due from January, 2017

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2017. It has increased by 2% over the existing rate of 2% of the Basic Pay/Pension, to compensate for price rise.


This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs. 5,857.28 crore per annum and Rs.6,833.50 crore in the Financial Year 2017-18 (for a period of 14 months from January, 2017 to February, 2018).

This will benefit about 48.85 lakh Central Government employees and 55.51 lakh pensioners.

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15 Indian Institutes of Information Technology (IIITs) declared as Institutes of National Importance

Cabinet approves Indian Institutes of Information Technology (Public- Private Partnership) Bill, 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved -

i. Introduction of the Indian Institutes of Information Technology Public Private Partnership (IIIT PPP) Bill, 2017;

ii. To grant statutory status to the fifteen Indian Institutes of Information Technology in Public Private Partnership and declare them as Institutions of National Importance;

iii. To enable these institutions to grant degrees to their students in the academic courses conducted by them.

There is no financial implication with regard to the proposed IIIT PPP Bill, 2017

The Bill will declare the existing Indian Institutes of Information Technology in Public Private Partnership as 'Institutions of National Importance with powers to award degrees. This will entitle them to use the nomenclature of Bachelor of Technology (B.Tech) or Master of Technology (M.Tech) or Ph.D degree as issued by a University or Institution of National Importance.

The grant of a formal degree in Information Technology, Engineering or Ph.D will enhance the prospects of the graduating students in the job market and will also enable the Institutes to attract enough students required to develop a strong research base in the country in the field of information technology.

The emerging needs of the industry and the economy, as a whole for skilled technical manpower is expected to be met from the talent pool of trained personnel of the institutes.

Every Institute shall be open to all - irrespective of gender, caste, creed, disability, and domicile, and ethnicity, social or economic background. Academic Session has commenced in the following15 Institutes:-

Andhra Pradesh(Chittoor), Assam(Guwahati) Gujarat(Vadodara), Haryana(Sonipat), Himachal Pradesh(Una), Jharkhand(Ranchi), Karnataka(Dharwad), Kerala(Kottayam) Maharashtra (Nagpur & Pune), Manipur(Senapati), Rajasthan (Kota), Tamilnadu(Tiruchirappalli), Uttar Pradesh (Lucknow), Kalyani (West Bengal).

Background

The Scheme of Setting up of 20 new IIITs in Public Private Partnership (IIIT PPP) as approved by the Union Cabinet on 7.12.2010 does not have provision which empowers the Institutes set up in Public Private Partnership to grant degrees to its students. The first batch of under-graduate students enrolled in the Year 2013-14 will be passing out in the Year 2017. Academic Session has started in 15 IIITs.

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Special assistance measure for Andhra Pradesh by way of special dispensation in funding of Externally Aided Projects (EAPs) and funding of irrigation component of Polavaram project

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the Special assistance measure for the Successor State of Andhra Pradesh by way of special dispensation in funding of Externally Aided Projects (EAPs) and funding of irrigation component of Polavaram project.

The modalities for implementation of the announcements for providing central assistance to the State of Andhra Pradesh are as follows:

i. The Central Government will provide special assistance measure to Government of Andhra Pradesh, which would make up for the additional Central share the State might have received during 2015-16 to 2019-20, if the funding of Centrally Sponsored Schemes (CSS) would have been shared at the ratio of 90:10 between the Centre and the State. The special assistance will be provided by way of repayment of loan and interest for the Externally Aided Projects (EAPs) signed and disbursed during 2015-2016 to 2019-20 by the State.

ii. Funding of 100% of the remaining cost of the irrigation component only of the Polavaram project for the period starting from 1.4.2014, to the extent of the cost of the irrigation component on that date. Andhra Pradesh Government will execute the project on behalf of Government of India. However, the overall coordination, quality control, design issues, monitoring, clearances related issues etc. are to be dealt by the Polavaram Project Authority of Ministry of Water Resources, River Development & Ganga Rejuvenation. The Polavaram Project Authority will also assess out the cost of the irrigation component as on 01.04.2014 in consultation with the Department of Expenditure, Ministry of Finance.

This support for capital expenditure by way of repayment of EAP loans would help and assist the newly formed state of Andhra Pradesh to put the State's finances on a firmer footing and promote economic growth. Further, the central funding of the irrigation component of the Polavaram Irrigation Project and its execution by the State Government shall expedite completion of the project and the increase irrigation prospects in the State benefitting the people at large.

Background:

The Government of India, while fulfilling its commitments under Andhra Pradesh Reorganisation Act 2014, has already provided "Special Assistance" of Rs.1,976.50 crore to the state during 2016-17. The amount includes Rs.1176.50 for Resource Gap, Rs.350 crore for the development of 7 backward districts covering Rayalaseema & North Coastal region and Rs.450 crore as assistance to the capital city.

Apart from this the Ministry of Water Resources, River Development & Ganga Rejuvenation has also provided Rs.2081.54 crore for the Polavaram Irrigation Project during the current financial year. Thus the Central Government, after the enactment of the Reorganisation Act, has provided central assistance of Rs.10,461.04 crore to the state of Andhra Pradesh which includes Rs.4403 crore released during 2014-15, Rs.2000 crore released during 2015-16 and Rs. 4058.04 in released in 2016-17.


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