Uttarakhand Cabinet approves implementation of Unified Pension Scheme

The Unified Pension Scheme (UPS) has been introduced as an option under the National Pension System (NPS) by the Central Government

Pushkar Singh Dhami, Uttarakhand CM
CM Dhami announced that the government will provide financial assistance to 45 writers this year. (Photo: PTI)
ANI General News
2 min read Last Updated : Mar 04 2025 | 12:58 PM IST

The Uttarakhand Cabinet, under the chairmanship of Chief Minister Pushkar Singh Dhami, has approved the implementation of the Central Government's Unified Pension Scheme for officers and employees in the state. The decision was taken during a cabinet meeting held on Monday, officials said.

The Unified Pension Scheme (UPS) has been introduced as an option under the National Pension System (NPS) by the Central Government for the CentralGovernment employees covered under NPS so that they may receive an assured payout after their retirement. The Unified Pension Scheme will be operational from April 1, 2025

On Monday, the Uttarakhand cabinet approved the new Excise Policy 2025. A statement from the government said that the state's new Excise Policy 2025 has decided to close liquor licenses near religious places, considering their importance.

Furthermore, keeping public sensitivities paramount, more control will be exercised over the sale of liquor. Sub-shops and the metro liquor sales system have been abolished.

In the new Excise Policy, if a shop charges more than MRP, the license can be canceled. MRP will also apply to departmental stores, which will protect consumers' interests.

Excise revenue has increased significantly in the state in the last two years. A revenue target of Rs 5,060 crore has been set for the financial year 2025-26.

In the financial year 2023-24, a revenue of Rs 4,038.69 crore was earned against the target of Rs 4,000 crore. In the financial year 2024-25, about Rs 4,000 crore has been received so far against the target of Rs 4,439 crore.

Meanwhile, CM Dhami announced that the government will provide financial assistance to 45 writers this year and said it reflects our resolve towards the preservation of literature and culture." Along with Uttarakhand Sahitya Bhushan, 21 new Sahitya awards were announced. This year, we have decided to provide financial assistance to 45 writers. This is not just financial assistance, but it is a symbol of our commitment, our resolve, our objective towards the preservation of literature and culture," CM Dhami said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :UttarakhandPensionspension

First Published: Mar 04 2025 | 12:58 PM IST

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