Cabinet Decisions - India
Cabinet approves raising of four additional battalions of National Disaster Response Force
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given the approval for raising of four (4) additional battalions of National Disaster Response Force (NDRF) to strengthen the India's disaster response set up at an estimated cost of Rs 637 crore.
Details:
The objective of raising four additional battalions is to... Full Document
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Release of pulses procured from farmers under Price Support Scheme to States
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the release of pulses to States/UTs at discounted rate to be utilized for various Welfare Schemes from the stock of pulses procured under Price Support Schemes (PSS).
Impact:
The decision will enable the States/UTs to use pulses... Full Document
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Construction of New 4 - Lane Bridge on Kosi river at Phulaut , Bihar
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, approved the project for construction of 6.930 km long 4-lane bridge at Phulaut in Bihar. The CCEA also cleared the decks for rehabilitation and up-gradation of existing Birpur- Bihpur section of National Highway-106 from Km 106... Full Document
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Continuation and revision of “Post Matric Scholarship for OBC Students for studying in India”
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation and revision of the Centrally Sponsored Scheme of “Post Matric Scholarship for Other Backward Classes Students for studying in India” (PMS-OBC) for the years 2017-18, 2018-19 and 2019-20.
Details:
The revision in... Full Document
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Boost to Rural Road connectivity
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond 12th Five Year Plan period. It will help in connecting 38,412 habitations at an estimated cost of Rs. 84,934 crore (Central Share is... Full Document
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Extension of Concessional Financing Scheme (CFS) to support Indian Entities bidding
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the first extension of Concessional Financing Scheme(CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad.
Details:
Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16.... Full Document
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Re-structuring of the Agricultural Scientists' Recruitment Board (ASRB)
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the proposal for restructuring of Agricultural Scientists'Recruitment Board (ASRB).
Details:
The ASRB will now be a 4 Member body instead of 3 Members. It will have a Chairperson and 3 Members.
ASRB would be for a period of three years or till... Full Document
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Raising of Extra Budgetary Resources (EBR) for Swachh Bharat Mission (Gramin) [SBM(G)]
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following:
Raising funds up to Rs.15,000 crore as Extra Budgetary Resources (EBR) (Gol Fully Serviced Bonds) for Swachh Bharat Mission (Gramin) [SBM(G)] during the financial year 2018-19 through NABARD.
Expansion of the scope of work of the Society named International... Full Document
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Policy Framework for exploration and exploitation of Unconventional Hydrocarbons
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the policy to permit exploration and exploitation of unconventional hydrocarbons such as Shale oil/gas, Coal Bed Methane (CBM) etc. It will be carried out under the existing Production Sharing Contracts (PSCs), CBM contracts and Nomination fields to... Full Document
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LIC to acquire controlling stake of IDBI Bank
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedconveying of no objection to reduction in Government of India shareholding in IDBI Bank Limited to below 50% by dilution. It has also approved acquisition of controlling stake by Life Insurance Corporation of India (LIC) as promoter in the... Full Document
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Opening of 13 new Kendriya Vidyalayas in seven States and opening of second Jawahar Navodaya Vidyalaya at Alot, District Ratlam, Madhya Pradesh
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal for opening of 13 new KendriyaVidyalayas (KVs) in seven States and a second JawaharNavodayaVidyalaya(JNV) in Alot, District Ratlam, Madhya Pradesh.
These 13 schools are in Banda (Uttar Pradesh), Washim (Maharashtra), Chakpikarong (Manipur), Parbhani (Maharashtra), Nawada (Bihar),... Full Document
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Grant of Interest Free Loan equivalent to interest during construction component to fertilizer revival projects
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal of Department of Fertilizers to grant Interest Free Loan (IFL) equivalent to the interest during construction (IDC) component of Rs.422.28 crore, 415.77 crore and 419.77 crore for Gorakhpur, Sindri and Barauni projects respectively... Full Document
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Issue of fresh equity to the extent of 15% of the paid up equity capital by Hindustan Copper Limited
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for issue of fresh 13,87,82,700 equity shares to the extent of 15% of paid up equity capital efface value of Rs. 5/- each by Hindustan Copper Limited(HCL) through the Qualified Institutions Placement... Full Document
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Special Remission to Prisoners on the occasion of 150th Birth Anniversary of Mahatma Gandhi
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has today given its approval to grant Special Remission to Prisoners as part of Commemoration of 150th Birth Anniversary of Mahatma Gandhi.
As part of commemoration of 150th Birth Anniversary of Mahatma Gandhi, the following categories of prisoners will be considered for... Full Document
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Memorandum of Understanding amongst BRICS Nations on the Regional Aviation Partnership
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has today approved the signing of Memorandum of Understanding (MoU) amongst BRICS Nations on the Regional Aviation Partnership Cooperation viz. Brazil, Russia, India, China and South Africa.
Salient features:
The objective is that BRICS countries would benefit from the establishing of... Full Document
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MoU between India and Cuba on cooperation in the field of Traditional Systems of Medicine and Homeopathy
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between India and Cuba on cooperation in the field of Traditional Systems of Medicine and Homeopathy. The MoU was signed on 22.6.2018.
Impact:
The MoU will enhance bilateral cooperation between... Full Document
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MoU between India and Indonesia on cooperation in the field of pharmaceutical
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between the Central Drugs Standard Control Organization (CDSCO), India and National Agency for Drug and Food Control (BPOM), Indonesia on cooperation in the field of pharmaceutical products,... Full Document
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Mutual Recognition Agreement (MRA) signed in 2010 and approves fresh MRA between the Institute of Chartered Accountants of India and the Institute of Certified Public Accountants, Ireland
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has given its ex-post facto approval of the "Mutual Recognition Agreement (MRA)" signed in 2010 and Approval for fresh MRA between the Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants (CPA), Ireland for... Full Document
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MoU between the Institute of Chartered Accountants of India and Bahrain Institute of Banking and Finance, Bahrain
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has approved Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Bahrain Institute of Banking and Finance (BIBF), Bahrain to work together to strengthen the accounting, financial and audit knowledge base within Bahrain.
Salient Features:
ICAI... Full Document
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MoU between the Institute of Chartered Accountants of India and "National Board of Accountants and Auditors, Tanzania
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and National Board of Accountants and Auditors (NBAA), Tanzania to establish mutual co-operation framework in the areas of Member Management, Professional Ethics,... Full Document
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