Uttarakhand Cabinet Approves Unified Pension Scheme and New Excise Policy for 2025
The Uttarakhand Cabinet, under the leadership of Chief Minister Pushkar Singh Dhami, has taken significant decisions aimed at improving governance, streamlining pension benefits, and restructuring the excise policy in the state. These decisions were made during a cabinet meeting held, reflecting the government’s commitment to economic growth, public welfare, and cultural preservation.
The Unified Pension Scheme (UPS) has been approved by the Uttarakhand Cabinet, aligning with the Central Government’s initiative to ensure a stable and assured retirement payout for state officers and employees covered under the National Pension System (NPS).
The introduction of the Unified Pension Scheme marks a significant step in enhancing financial well-being for government employees in Uttarakhand and aligns with the central vision of ensuring pension security for all public sector workers.
In another landmark decision, the Uttarakhand Cabinet has approved the new Excise Policy 2025, which focuses on regulating liquor sales, safeguarding public sentiments, and increasing state revenue.
Liquor Sale Restrictions Near Religious Places
Strict Control Over Liquor Sales
Enforcement of Maximum Retail Price (MRP) Regulation
Increased Excise Revenue Target
The implementation of this new excise policy will help the government regulate liquor sales, protect consumer rights, and generate substantial revenue for state development.
In addition to economic and administrative reforms, Chief Minister Pushkar Singh Dhami has emphasized the preservation and promotion of literature and culture in Uttarakhand.
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Why in News? | The Uttarakhand Cabinet, led by CM Pushkar Singh Dhami, approved key decisions on pension benefits, excise policy, and cultural promotion. |
Unified Pension Scheme (UPS) | – Approved for government employees under NPS. – Ensures assured pension payout post-retirement. – Effective from April 1, 2025. – Aims to provide financial security and stability for pensioners. |
Excise Policy 2025 | – Liquor Sale Restrictions: Ban on liquor licenses near religious places. – Strict Sales Control: Sub-shops and metro liquor sales abolished. – MRP Regulation: Shops overcharging beyond MRP will face license cancellation. – Revenue Targets: – 2023-24: ₹4,038.69 crore (target: ₹4,000 crore). – 2024-25: ₹4,000 crore collected (target: ₹4,439 crore). – 2025-26: ₹5,060 crore revenue target. |
Promotion of Literature & Culture | – Financial aid announced for 45 writers. – 21 new literary awards introduced alongside Uttarakhand Sahitya Bhushan award. – Aimed at preserving and promoting Uttarakhand’s literary and cultural heritage. |
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