Maharashtra Cabinet Increases Share Capital of Maulana Azad Corporation to INR 1000 Crores and Raises Madrasa Teachers' Salaries

The Maharashtra Cabinet, led by Chief Minister Eknath Shinde, has decided to increase the share capital of the Maulana Azad Minority Economic Development Corporation from INR 700 crores to INR 1,000 crores. This decision was made during the Cabinet meeting held on October 10. The Maulana Azad Minority Economic Development Corporation plays a crucial role in implementing various loan and credit schemes designed to empower minority communities economically. Additionally, the Cabinet approved a salary increase for teachers in Madrasas, recognizing their vital role in education. The monthly salary for D.Ed. teachers will rise from INR 6,000 to INR 16,000, while teachers responsible for secondary subjects, such as those holding B.A. B.Ed. and B.Sc-B.Ed degrees, will see their salaries increase from INR 8,000 to INR 18,000. BJP MP Pritam Munde Seeks Rollback of Decision To Do Away With Scholarships for Minorities.

Maharashtra Cabinet Increases Share Capital of Maulana Azad Corporation to INR 1,000 Crores

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