Cabinet Decisions - India
Cabinet approves recommendations of 14th Finance Commission on fiscal deficit targets and additional fiscal deficit to States during 2015-20
The Union Cabinet chaired by the Hon’ble Prime Minister has today given its approval to Recommendations on Fiscal Deficit Targets and Additional Fiscal Deficit to States during Fourteenth Finance Commission (FFC) award period 2015-20 under the two flexibility options recommended in para 14.64 to 14.67 of its Report (volume –... Full Document
Category General
Promulgation of the Andaman and Nicobar Islands Anatomy Regulation, 2016
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for promulgation of the Andaman and Nicobar Islands Anatomy Regulation, 2016 with a view to lay down procedures for providing supply or availability of unclaimed of dead bodies to the Medical College for the purpose... Full Document
Category General
Funding of exports to Iran from India through the Export Development Fund of Exim Bank
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for increasing the framework agreement between Exim Bank of India and a consortium of Iranian banks lead by Central Bank of Iran for financing the purchase of goods and services from India to Rs.3000 crore... Full Document
Category General
Modification in the policy for liberalization of administratively allotted Spectrum
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the modifications in the policy for liberalisation of administratively allotted spectrum where market determined prices were not available. This will facilitate optimal utilisation of spectrum by introducing new technologies, sharing and trading of spectrum.
The most recent recommended... Full Document
Category General
Memorandum of Understanding between India and Sweden on Technical Cooperation in the Railway Sector
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to Memorandum of Understanding (MoU) signed on 15th February, 2016 between India and Sweden on Technical Cooperation in the Railway Sector.
The MoU will enable technical cooperation in the following areas:-
1. Benchmark railways policy... Full Document
Category General
National Hydrology Project
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval toImplementation of the National Hydrology Project. It will be a central sector scheme with a total outlay of Rs. 3679.7674 crore. This includes Rs.3,640 crore for National Hydrology Project (NHP) and Rs. 39.7674 crore for... Full Document
Category General
Revised Policy on crude oil import for oil PSUs
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to replace the existing policy on crude oil import by Oil PSUs and vest the oil PSUs with the power to evolve their own policies. This will provide a more efficient, flexible and dynamic policy... Full Document
Category General
Four laning of Hospet-Bellary section of National Highway – 63 in Karnataka
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for development of the four laning of the Hospet-Bellary-Karnataka/Andhra Pradesh Border section of National Highway – 63 in Karnataka.
This work will be under the National Highways Development Project (NHDP) Phase-IV. The approval... Full Document
Category General
Issue of equity shares of Andrew Yule & Co. Ltd. as preferential issues to Bank of Baroda as Qualified Institutional Buyer
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for conversion of Working Capital Term Loan (WCTL) amounting to Rs.29.91 crore from Bank of Baroda (BoB) into equity by issuing requisite number of equity shares of Andrew Yule & Co. Ltd.... Full Document
Category General
Acquisition of 51% shareholding by M/s. ATC Asia Pacific Pte. Ltd., Singapore in M/s. Viom Networks Ltd.
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to the proposal of M/s. ATC Asia Pacific Pte. Ltd. Singapore for acquisition of 51% of shareholding in M/s. Viom Networks Limited by way of transfer from existing shareholders.
The approval would result... Full Document
Category General
Implementation of One Rank One Pension
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for implementation of One Rank One Pension (OROP). The details are as follows:
1. The benefit will be given with effect from 1st July, 2014.
2. Pension will be re-fixed for pre 1.7.2014 pensioners retiring... Full Document
Category General
Doubling of Kiul-Gaya Railway line
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for doubling of Kiul-Gaya Railway line of 124 km with a completion cost of Rs.1354.22 crore.
Doubling of this line will greatly ease the ever increasing freight traffic between these sections. The project... Full Document
Category General
Doubling of Ranchi (Hatia)-Bondamunda Railway line
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for doubling of the Ranchi (Hatia) Railway line of 158.5 km with a completion cost of Rs.1921.94 crore. The project is likely to be completed in the next six years during the... Full Document
Category General
Extension of time period of the Scheme “Special Industry Initiative for J&K” Udaan
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for extension of time period of the Scheme “Special Industry Initiative for J&K” (SII J&K) Udaan till 2019-20. Initially the time period of Udaan was upto 2015-16.
Udaan provides exposure to the youth... Full Document
Category General
Fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the year 2016-17
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertlizersfor the year 2016-17, due to decreasing trend in international prices of finished fertlizers and raw materials. These are as follows:
Year
Per Kg... Full Document
Category General
Transfer of 50 acre of land from Central Sheep & Wool Research Institute, Avikanagar to the Government of Rajasthan for establishment of Veterinary University Training and Research Centre
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today gave its approval for transfer of 50 acre of land from Central Sheep & Wool Research Institute (CSWRI) , Avikanagar, Tehsil Malpura, District Tonk, Rajasthan to the Government of Rajasthan on free of cost basis for establishment of... Full Document
Category General
Letter of Intent and Memorandum of Understanding signed with Ministry of Skill Development & Entrepreneurship of India and the United Arab Emirates for cooperation in skill development and recognition of qualifications
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post-facto approval to the Letter of Intent signed on 10.2.2016 between the Ministry of Skill Development and Entrepreneurship of India and the National Qualifications Authority of the United Arab Emirates (U.A.E).
The Letter of Intent will strengthen... Full Document
Category General
Amendments to the Appropriation Acts (Repeal) Bill, 2015 and the Repealing and Amending (Third) Bill, 2015 pending for consideration in Rajya Sabha
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today gave its approval to move official Amendments in the Appropriation (Acts) Repeal Bill, 2015 and the Repealing and Amending (Third) Bill, 2015 respectively and to pursue for consideration of the said Bills pending in Rajya Sabha.
The enactments repealed... Full Document
Category General
Memorandum of Understanding between India and Lithuania for Cooperation in the field of agriculture
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding between India and Lithuania for cooperation in the field of agriculture.
The MoU provides for cooperation in the fields of agriculture production including horticulture, post-harvest management, organic farming, cold... Full Document
Category General
Revised Cost Estimate of the Mangadechhu Hydroelectric Project in Bhutan
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Revised Cost Estimate (RCE) of Rs. 4020.63 crore for the ongoing 720 MW Mangadechhu Hydroelectric Project (HEP) in Bhutan.
The Project will provide surplus power to India and thus augment power availability in the country.... Full Document
Category General