Ladki Bahin Yojana, UPS: Will Maharashtra Assembly elections happen in December?

The Maharashtra cabinet decided to implement the Unified Pension Scheme on Sunday. It is also speculated that elections in the state may not be announced unless four instalments of Ladki Bahin Yojana are released.

Livemint
Published26 Aug 2024, 03:17 PM IST
Maharashtra Chief Minister Eknath Shinde casts his vote during the state Legislative Council elections in Mumbai.
Maharashtra Chief Minister Eknath Shinde casts his vote during the state Legislative Council elections in Mumbai.(mieknathshinde- X)

Rumours are doing the rounds that Assembly elections in Maharashtra may not be announced until the state government – led by Mahyuti – releases all four instalments of the Mukhyamantri Majhi Ladki Bahin Yojana.

If this happens, the elections to the 288 seats in Maharashtra Assembly could take place in December, as the fourth instalment of this scheme could be released in October, Lokmat reported.

Mahayuti buying time before assembly polls?

The term of the current Maharashtra Assembly will last until November end. It was expected that the Maharashtra Assembly elections would be declared along with that of Haryana and Jammu and Kashmir in October-November.

However, the Elections Commission of India (ECI) did not announce the polls in Maharashtra, citing security reasons, heavy rainfall and upcoming festivals such as Ganesh Chaturthi and Diwali.

Opposition Maha Vikas Aghadi (MVA) allies Shiv Sena (UBT) and the NCP (SP) criticised the Election Commission for not declaring elections in Maharashtra. According to PTI, the Opposition said it seems the ruling Mahayuti wants more time to "fool" the people of the western state with their fake promises.

Opposition leader Aaditya Thackeray said, “Seems like the EC is giving them breathing time to allow their contractors to loot our State!”

The Election Commission said, “We could handle two elections at a time…and in any case, it is [elections can be held] within six months of the term of the assembly which is ending."

Govt shares update on Ladki Bahin Yojana: When will women who applied for the scheme after July 31 get the benefits?

Amid the speculations, the Maharashtra government announced a major update related to the scheme earlier this week. According to reports, 3,000 have already been deposited in the accounts of women who applied before July 31. This amount is for two months – July and August.

Now, for women who applied after July 31, 4500 will be deposited in their accounts collectively for July, August and September, Mumbai Tak reported.

 

Also Read | How does compounding turn a small monthly investment into a decent corpus?

Maharashtra Women and Child Development Minister — Aditi S Tatkare (@iAditiTatkare) August 24, 2024 ">Aditi Tatkare said in a post on X recently that all the women eligible for the Chief Minister Majhi Ladki Bahin Yojana who applied by July 31 have been given the scheme's benefit.

"The verification process of the applications of women applied after July 31 is going on at the district level. As soon as the data of district-level approved applications is received by Women and Child Development Department, the list is sent to the bank," Tatkare said, adding that "soon eligible women sisters will get the benefit of the scheme even after 31st July".

Mumbai Tak reported that during the application verification process, women will receive messages that their application has been approved. After this message, money will be deposited in their accounts in September, the report added. The fourth instalment may be released in October.

Maharashtra govt rolls out UPS

On Sunday, the Maharashtra cabinet decided to implement the Unified Pension Scheme (UPS) announced by the union government a day earlier for state government employees.

 

Also Read | Political slugfest over UPS: Here’s why Opposition is against the pension scheme

The UPS ensures that all central government employees who have served for 25 years or more will receive 50 per cent of their last drawn salary from the past 12 months as a pension. These employees will also be eligible for post-retirement inflation-linked increments in their pension amount.

Catch all the Business News, Politics news,Breaking NewsEvents andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.

MoreLess
First Published:26 Aug 2024, 03:17 PM IST
Business NewsPoliticsNewsLadki Bahin Yojana, UPS: Will Maharashtra Assembly elections happen in December?

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Axis Bank share price

    1,181.30
    03:29 PM | 4 OCT 2024
    5.85 (0.5%)

    Tata Steel share price

    166.75
    03:56 PM | 4 OCT 2024
    -0.2 (-0.12%)

    Oil & Natural Gas Corporation share price

    295.20
    03:58 PM | 4 OCT 2024
    3.1 (1.06%)

    Tata Motors share price

    930.70
    03:56 PM | 4 OCT 2024
    4.7 (0.51%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Mahindra & Mahindra Financial share price

    301.65
    03:29 PM | 4 OCT 2024
    -20.5 (-6.36%)

    Kfin Technologies share price

    1,015.00
    03:29 PM | 4 OCT 2024
    -63.85 (-5.92%)

    Godrej Properties share price

    2,897.70
    03:57 PM | 4 OCT 2024
    -170.55 (-5.56%)

    Adani Energy Solutions share price

    963.45
    03:58 PM | 4 OCT 2024
    -52.75 (-5.19%)
    More from Top Losers

    VIP Industries share price

    563.85
    03:57 PM | 4 OCT 2024
    40.8 (7.8%)

    Oil India share price

    572.25
    03:59 PM | 4 OCT 2024
    33.4 (6.2%)

    JK Paper share price

    489.95
    03:43 PM | 4 OCT 2024
    27.1 (5.86%)

    Home First Finance Company India share price

    1,245.35
    03:40 PM | 4 OCT 2024
    63.15 (5.34%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,685.00-10.00
      Chennai
      77,691.00-10.00
      Delhi
      77,843.00-10.00
      Kolkata
      77,695.00-10.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Politics

        HomeMarketsPremiumInstant LoanMint Shorts