Assam To Provide 2% Reservation In Grade- III And IV Posts For Ex-Servicemen

GUWAHATI: As part of a major decision in the cabinet meeting, the Assam government approved to give 2% reservation in Grade- III and IV Posts for ex-servicemen in recognition of their role and contribution to the country.

Among this reservation, 25% will be for the families of deceased army personnel and the disabled servicemen and the rest of the 75% will be reserved for all other categories of ex-servicemen.

The Government of Assam has decided for the establishment of an investment holding company to pump in money into gas, oil and fertilizer organizations. The investment company will pump in money into these companies and manage the stakes.

In a meeting by the state cabinet, it was decided to utilize the interest and benefits of certain investments in the sector of gas and oil companies.

In an official statement the cabinet informed that in view of controlling and managing the portfolio of investment in the organizations of gas, fertilizers and oil, the state cabinet has made the decision of setting up an investment holding company.

This decision by the cabinet will push forward the growth and development in the sector of crucial energy and will also add to the RDSS (Revenue Distribution Sector Scheme) in the state with an investment expenditure of Rupees 8, 727 crores.

The Revenue Distribution Sector Scheme is meant to include a division of feeders, a high voltage distribution system, new substations & lines, remaking of already existing lines, aerial bunched cables and others.

An amount of Rupees 130.64 crores has been sanctioned by the Assam cabinet towards interest subvention of people employed under the Assam government for the construction of houses under the Apon Ghar Scheme. It is a scheme of the Assam government aiming to give house loans to state employees through SBI.

The cabinet also provided indication regarding the payment of Rupees 137 crore for the tariff subsidy to the APDCL (Assam Power Distribution Company Ltd).

A total of Rupees 1097 crores interest that is not paid on loans to the AEGCL (Assam Electricity Grid Corporation Limited) and APGCL (Assam Power Generation Corporation Ltd) has been waived by the Government of Assam.

The cabinet made the decision to transform the grants of APGCL and AEGCL along with government loans into equal ownership and the loan interest will refrain.

The cabinet mentioned that Rupees 3280 crores are the grant to APGCL and AEGCL, the two state-run companies and Rupees 1286 crores is in the form of government loans.

The cabinet also gave the approval of one-time terminal benefit to the workers of Aganwadi during their retirement period after completion of their 60 years. The decision has been taken in focusing the services of government towards children and women welfare.

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