🏛️ Polity & Governance
Cabinet Decisions on Railway Bonus, NSAP Continuation, and IDBI Bank Disinvestment
- Cabinet approved productivity-linked bonus for 11.40 lakh railway employees for 78 days, max ₹17,951, budget ₹2,009 crore.
- National Social Assistance Programme (NSAP) extended for five years (2026-27 to 2030-31) with ₹53,428 crore budget, renamed as Pradhan Mantri Social Assistance Scheme.
- Cabinet Committee on Economic Affairs (CCEA) approved strategic disinvestment of IDBI Bank.
High-Yield Exam Takeaway
- NSAP originally launched in 1995; now renamed PM Social Assistance Scheme.
- Railway bonus is productivity-linked, not dearness allowance.
- CCEA headed by PM; strategic disinvestment implies transfer of management control.
