Cabinet clears Rs 3,000 pension scheme for small shopkeepers, traders
New Delhi, May 31: The Modi 2.0 government in its first Cabinet meeting Friday approved a new scheme, which assures minimum monthly pension of Rs 3,000 to all shopkeepers, retail traders and self employed persons after attaining the age of 60 years, fulfilling its poll promise.
The decision taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi here will benefit 3 crore retail traders and shopkeepers.
Five crore traders are expected to join the scheme in the next three years, Union Minister Prakash Javadekar said while briefing reporters at a press conference.
"All shopkeepers and self employed persons as well as retail traders with GST turnover below Rs 1.5 crore and aged between 18-40 years can enrol for the scheme," an official statement said.
Interested persons can enrol themselves through over 3.25 lakh common service centres spread across the country. The government will make matching contribution in the subscribers' account, the statement added.
"It is a landmark initiative of the Prime Minister for which traders across the country are really happy.
"It shows the concern of the Prime Minister towards the trading community of the country and we hope that in this tenure, small traders will be on the government's priority list," Confederation of All India Traders Secretary General Praveen Khandelwal told PTI.
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Spain rejects White House claim of military cooperation with US in Iran war
Madrid: Spain has rejected a claim by the White House that Madrid had agreed to cooperate militarily with the United States amid the ongoing conflict with Iran, even as US President Donald Trump warned of trade consequences over Spain’s stance.
Al Jazeera reported that White House spokesperson Karoline Leavitt told reporters on Wednesday that Spain had reconsidered its earlier position of not allowing its military bases to be used in the war against Iran.
“With respect to Spain, I think they heard the president’s message yesterday loud and clear, and it’s my understanding, over the past several hours, they’ve agreed to cooperate with the US military,” Leavitt said.
Clearly denying the assertion, Foreign Minister José Manuel Albares said the claim was incorrect and insisted that Madrid’s position had not changed. “Not a single comma has changed, and I have no idea whatsoever what they might be referring to,” Albares said in an interview with the Hora25 radio programme.
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Trump had earlier criticised Spain’s opposition to the war, describing its stance as “terrible” and threatening economic retaliation. “We’re going to cut off all trade with Spain. We don’t want anything to do with Spain,” he said on Tuesday.
Spanish Prime Minister Pedro Sánchez reaffirmed his government’s opposition to the conflict, recalling past military interventions in the region. “The world, Europe, and Spain have faced this critical moment before. In 2003, a few irresponsible leaders dragged us into an illegal war in the Middle East that brought nothing but insecurity and pain,” Sánchez wrote on social media.
He added that Spain’s position remained firmly against war, violations of international law and “the illusion that we can solve the world’s problems with bombs”.
Iranian President Masoud Pezeshkian praised Spain’s stand, saying it reflected ethical responsibility.
“Spain’s responsible conduct in opposing the Zionist-American coalition’s flagrant human rights violations and military aggression against countries, including Iran, shows that ethics and awakened consciences still exist in the West,” he wrote in a post on social media.
Within Europe, Spain has been among the few countries to openly oppose the attacks on Iran. The European Union has instead called for de-escalation and protection of civilians without directly rejecting the US and Israeli military action.
EU foreign policy chief Kaja Kallas said Iran’s missile and nuclear programmes and its support for armed groups pose a serious threat to global security, adding that the bloc has imposed sanctions on Tehran while continuing to back diplomatic engagement on the nuclear issue.
