The Madhya Pradesh state cabinet gives nod to grant subsidy of over Rs.16424 croreto the power consumers under various slabs of tariff in financial year 2022-23.

Chief Minister Shivraj Singh Chouhan chaired the cabinet meeting where various decisions for welfare of the public was taken.

This subsidy is in addition to the previous subsidy of Rs. 5,584.40 crore approved under the Griha Jyoti Yojana for domestic consumers of the state.

In lieu of this, subsidy will be given to the power distribution companies too.

Three new awards for outstanding work

The Cabinet approved the proposal to start three new awards, Madhya Pradesh Gaurav Samman, Chief Minister’s Award for Excellence (for outstanding performance in government schemes) and Chief Minister’s Award for Excellence (for innovation). These awards will be given every year on the foundation day of Madhya Pradesh on November 1.

Madhya Pradesh Gaurav Samman –This award will be given to the citizens/institutions of the state for the extraordinary work done by them in different categories. A total of 10 awards will be given annually. Rs. 5 lakh will be given as honorarium per award. If more than one person is eligible in the same work area or category, the prize money will be distributed equally. Only bona fide residents of Madhya Pradesh will be able to apply.

Chief Minister’s Award for Excellence (Team) – This award will be given to the team of district administration for excellent performance in the implementation of government schemes. A total of 5 awards will be given in different categories. Rs. 10 lakh will be given in each category.

Chief Minister’s Award for Excellence (Innovation)- This award will given to government servants for innovation of government schemes. A total of 15 awards will be given in different categories. Rs. 1 lakh will be given in each category. If more than one government servant is eligible in the same work area or category, the prize money will be distributed equally.

The Cabinet has decided to grant a maximum assistance of Rs.10 crore to SPV at the rate of 60 percent of the total development cost for cluster development in view of the state government’s intention of cluster development and large number of employment generation and huge investment from the proposed cluster.

The establishment of Textile Cluster in Nimbora village of Burhanpur district by M/s Fairdeal Export Cooperative Society is likely to provide direct or indirect employment to 4000 persons.

The total cost of the project is Rs. 19 crore 85 lakh. Decision has been taken to approve a maximum of Rs. 5 crore interest subsidy for 5 years at the rate of 2 percent on term loans taken from banks / financial institutions for the establishment of the unit by the units to be set up in the cluster, subject to conditions.