Uttarakhand Approves Unified Pension Scheme and New Excise Policy 2025
| Aspect | Details |
|---|---|
| Unified Pension Scheme | - Approved by Uttarakhand Cabinet for NPS officers and employees. |
| - Assured pension payouts effective from 1st April 2025. | |
| - Assured Pension: 50% of average basic pay over the last 12 months; minimum 25 years of service. Proportionate reduction for less than 25 years, with a minimum of 10 years. | |
| - Assured Minimum Pension: Rs 10,000/month for minimum 10 years of service. | |
| - Assured Family Pension: 60% of pension upon retiree's death. | |
| - Inflation Indexation: Dearness relief based on AICPI for Industrial Workers. | |
| - Lump Sum Payment: 1/10th of monthly emoluments for every completed six months of service, in addition to gratuity. | |
| - Choice for Employees: Option to remain under NPS or switch to UPS; choice is irrevocable. | |
| New Excise Policy 2025 | - Liquor licenses near religious places closed. |
| - Stricter control on liquor sales. | |
| - Sub-shops and metro liquor sales system abolished. | |
| - License cancellation for selling liquor above MRP. | |
| - Excise Revenue Target for 2025-26: Rs 5,060 crore. | |
| - 2023-24 Revenue: Rs 4,038.69 crore against Rs 4,000 crore target. | |
| - 2024-25 Revenue (as of now): Rs 4,000 crore against Rs 4,439 crore target. | |
| Promotion of Literature & Culture | - Financial assistance for 45 writers. |
| - Introduction of 21 new literary awards and Uttarakhand Sahitya Bhushan award. | |
| - Emphasis on cultural preservation and literary growth. |