News

Cabinet okays Rs 4,136 crore scheme for hydroelectric projects in northeastern states  The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal of the Ministry of Power for providing central financial assistance to the state governments of the northeastern region towards their equity participation in the development of hydroelectric projects through joint venture (JV) collaborations between state entities and central public sector undertakings (CPSUs).   This scheme has an outlay of Rs 4,136 crore to be implemented from FY 202...
Cabinet okays Rs 4,136 crore scheme for hydroelectric projects in northeastern states
Cabinet okays Rs 4,136 crore scheme for hydroelectric projects in northeastern states
Source: IANS
2024-08-28 06:00:53 pm
Union Cabinet gives go-ahead to Rs 12,200 cr Thane Ring Metro Rail Project  The Union Cabinet on Friday approved the Rs 12,200 crore Thane Integral Ring Metro Rail Project corridor in Maharashtra.  The 29 km corridor will run along the periphery of the west side of Thane city with 22 stations. The network is encompassed by the Ulhas River on one side, and the Sanjay Gandhi National Park (SGNP) on the other, according to an official statement issued after the Cabinet meeting held on Friday. The estimated cost of the project is Rs 12,200.1 crore, with ...
Union Cabinet gives go-ahead to Rs 12,200 cr Thane Ring Metro Rail Project
Union Cabinet gives go-ahead to Rs 12,200 cr Thane Ring Metro Rail Project
Source: IANS
2024-08-17 09:25:15 am
Centre okays Rs 15,611 crore Phase-3 Bangalore Metro Rail Project The Union Cabinet chaired by Prime Minister Narendra Modi on Friday approved the Rs 15,611 crore Bangalore Metro Rail Project Phase-3 with two elevated corridors for a length of 44.65 km with 31 stations.  The two elevated corridors include Corridor-1 from JP Nagar to Kempapura (along Outer Ring Road West) for a length of 32.15 km with 22 stations, and Corridor-2 from Hosahalli to Kadabagere (along Magadi Road) for a length of 12.50 km with nine stations. Bengaluru will have 220.20...
Centre okays Rs 15,611 crore Phase-3 Bangalore Metro Rail Project
Centre okays Rs 15,611 crore Phase-3 Bangalore Metro Rail Project
Source: IANS
2024-08-17 09:03:31 am
Cabinet`s composition under PM Narendra Modi indicates policy continuity: Nomura The composition of the new Cabinet under Prime Minister Narendra Modi indicates “policy continuity” at the moment, global brokerage and investment major Nomura has said. The new Cabinet includes 30 Cabinet Ministers, five Ministers of State with Independent Charge and 36 Ministers of State. Nomura has kept its portfolio unchanged on expectations of political continuity, predicting that Nifty 50 could breach 24,860 by the year-end “Through the course of the past week...
Cabinet`s composition under PM Narendra Modi indicates policy continuity: Nomura
Cabinet`s composition under PM Narendra Modi indicates policy continuity: Nomura
Source: IANS
2024-06-10 03:23:42 pm
Cabinet approves extension of sugar subsidy scheme for poor by 2 years The Union Cabinet chaired by Prime Minister Narender Modi on Thursday approved the extension of the sugar subsidy scheme for Antyodya Anna Yojna (AAY) families distributed through the Public Distribution Scheme (PDS) for two more years till March 31, 2026. Under the scheme, the Central government gives a subsidy of Rs 18.50 per kg per month of sugar to AAY families of participating states. The approval is expected to extend benefits of more than Rs 1,850 crore during the period of 15th Fin...
Cabinet approves extension of sugar subsidy scheme for poor by 2 years
Cabinet approves extension of sugar subsidy scheme for poor by 2 years
Source: IANS
2024-02-01 04:44:56 pm
Government extends tax rebate scheme for garments` export by 2 years The Union Cabinet chaired by Prime Minister Narendra Modi on Thursday approved the continuation of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of apparel/garments and made-ups up to March 31, 2026. Continuation of the Scheme for the proposed duration of two years will provide a stable policy regime which is essential for long-term trade planning, more so in the textiles sector where orders can be placed in advance for long term delivery. The continuat...
Government extends tax rebate scheme for garments` export by 2 years
Government extends tax rebate scheme for garments` export by 2 years
Source: IANS
2024-02-01 04:36:51 pm
Cabinet approves interim budget  The Cabinet, chaired by Prime Minister Narendra Modi, has approved the interim budget on Thursday. Finance Minister Nirmala Sitharaman is now presenting the interim budget in the Lok Sabha. She reached her ministry where she had a photo session with his budget preparation team. She along with Minister of State for Finance Pankaj Chaudhary and Minister of State for Finance Bhagwat Karad and senior officials of the ministry went to Rashtrapati Bhavan and took the approval of President ...
Cabinet approves interim budget
Cabinet approves interim budget
Source: IANS
2024-02-01 11:21:45 am
Cabinet approves MoC between India, Japan on Semiconductor Supply Chain Partnership The Union Cabinet has approved a memorandum of cooperation (MoC) between India and Japan on a Semiconductor Supply Chain Partnership. The memorandum of cooperation between the two countries was signed in July. Japan has become the second Quad partner after the US to sign an agreement with India for the joint development of the semiconductor ecosystem and maintain the resilience of its global supply chain.The MoC intends to strengthen cooperation between India and Japan towards enhancement of ...
Cabinet approves MoC between India, Japan on Semiconductor Supply Chain Partnership
Cabinet approves MoC between India, Japan on Semiconductor Supply Chain Partnership
Source: Accord Fintech
2023-10-26 12:50:37 pm
Cabinet gives go-ahead to pact on India-Japan semiconductor partnership The Cabinet has given approval for the Memorandum of Cooperation (MoC) between the Ministry of Electronics and Information Technology and the Ministry of Economy, Trade and Industry of Japan on Japan-India Semiconductor Supply Chain Partnership, according to an official statement issued on Wednesday.The MoC which was signed in July this year and will remain in force for five years intending to strengthen cooperation between India and Japan towards enhancement of semiconductor supply chain, re...
Cabinet gives go-ahead to pact on India-Japan semiconductor partnership
Cabinet gives go-ahead to pact on India-Japan semiconductor partnership
Source: IANS
2023-10-25 05:49:07 pm
Union Cabinet clears fertiliser subsidy worth Rs 22,000 cr The Union Cabinet on Wednesday is learnt to have cleared fertiliser subsidy worth Rs 22,000 crore for the Rabi season, which runs from October 2023 till March 2024.The Government has cleared an additional subsidy of Rs 4,500 per tonne on DAP, sources said.The new rates of subsidy are as follows: On Nitrogen it is Rs 47.02 per kg, on Phosphorus it is Rs 20.82 per kg, on Potash it is Rs 2.38 per kg, on Sulphur it is Rs 1.89 per kg.
Union Cabinet clears fertiliser subsidy worth Rs 22,000 cr
Union Cabinet clears fertiliser subsidy worth Rs 22,000 cr
Source: IANS
2023-10-25 02:57:11 pm
Cabinet okays Rs 20,774cr inter-state transmission system for Ladakh mega solar project The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the Rs 20,773.7 crore project on Green Energy Corridor Phase-II ? Inter-State Transmission System for the 13 GW Renewable Energy Project in Ladakh.The project is targeted to be set up by FY 2029-30 in which the Central financial assistance at 40 per cent of the project cost which works out to Rs 8,309.48 crore, according to an official statement issued after the CCEA meeting.The project will create a state-of-the-art inter...
Cabinet okays Rs 20,774cr inter-state transmission system for Ladakh mega solar project
Cabinet okays Rs 20,774cr inter-state transmission system for Ladakh mega solar project
Source: IANS
2023-10-19 09:59:36 am
Cabinet approves up to 9% hike in MSP of wheat, other major Rabi crops The Cabinet Committee of Economic Affairs on Wednesday approved the increase of up to 9 per cent in the Minimum Support Prices (MSP) for all mandated Rabi crops for marketing season 2024-25.The absolute highest increase in MSP has been approved for lentil (masur) at Rs 425 per quintal followed by rapeseed and mustard at Rs 200 per quintal.For wheat and safflower, an increase of Rs 150 per quintal each has been approved.For barley and gram an increase of Rs 115 per quintal and Rs 105 per quint...
Cabinet approves up to 9% hike in MSP of wheat, other major Rabi crops
Cabinet approves up to 9% hike in MSP of wheat, other major Rabi crops
Source: IANS
2023-10-19 09:49:47 am
Government approves extension in central deputation tenure of UIDAI CEO Amit Agrawal The Appointments Committee of the Cabinet (ACC) has approved extension in central deputation tenure of Amit Agrawal as the CEO of Unique Identification Authority of India (UIDAI) for a period of one year beyond November 2, 2023 i.e. up to November 2, 2024 or until further orders, whichever is earlier.Agrawal is a 1993 batch IAS officer of Chhattisgarh cadre.The ACC also approved the appointment of ReetaVasishta, Secretary in the Legislative department of Law Ministry, as incharge of the centr...
Government approves extension in central deputation tenure of UIDAI CEO Amit Agrawal
Government approves extension in central deputation tenure of UIDAI CEO Amit Agrawal
Source: IANS
2023-10-02 03:22:29 pm