Cabinet Committees

Govt caps rates to rein-in CNG, piped cooking gas prices, changes formula

The Union Cabinet on Thursday approved a new formula for pricing of natural gas and imposed cap or ceiling price to rein in runaway prices of CNG and piped cooking gas. Natural gas produced from legacy or old fields, known as APM gas, will now be indexed to crude oil price instead of pricing it based gas prices in surplus nations such as the US, Canada and Russia, Union I&B Miniser Anurag Thakur told reporters after a meeting of the Cabinet. From April 1, APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil). The rate such arrived at however will be capped at USD 6.5 per million British thermal unit as against current gas price of USD 8.57 per mmBtu. The price such arrived at will also have a floor of USD 4 per mmBtu. Rates will be decided every month instead of current practice of bi-annual revision, he said.

Cabinet okays bill decriminalising minor offences to push ease of doing biz

The Union Cabinet has approved a bill to decriminalise minor offences by rationalising related provisions under different ministries to ensure ease of doing business, sources said on Friday. The proposal was mooted by the Department for Promotion of Industry and Internal Trade (DPIIT). Sources said that the Cabinet discussed the Ease of Doing Business and Ease of Living (Amendment of Provisions) Bill, 2022 in a meeting here and has approved it as the bill is likely to be introduced in the ongoing winter session of Parliament. The bill proposes to rationalise about 110 provisions across 35 Acts administered by 16 ministries/departments. Explaining the rationale behind the proposed legislation, one of the sources said that taking the reform agenda to the next level, the government is focussing on reducing the overall compliance burden for businesses and citizens. For this, a four-pronged strategy of simplification, digitisation, decriminalisation of provisions for minor offences, an

Tax sops for craft paper, textile, pharma units in Madhya Pradesh

The Madhya Pradesh government is leaving no stone unturned to facilitate investment assistance to various sectors

Live updates: Farmers can't be blamed for NCR pollution, says NHRC

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Land lease continuity for Rail landholders, more clarity for Concor sale

Latest Railways circular also offers details on various terms of the new 'land lease policy' approved by Cabinet last month; existing landholders can extend their lease for up to another 35 years

IDBI Bank re-appoints S Jebaraj as deputy MD for 3 years effective Sept 20

Jebaraj handles verticals for large and mid-sized corporates, trade finance and NPA management and he has been a member of internal committees for more than a decade, said IDBI Bank

Distinguished scientist Samir V Kamat appointed DRDO Chairman: Ministry

The Appointments Committee of the Cabinet has approved Kamat's appointment from the date of his assumption of charge till he attains the age of 60 years

West Bengal to carve out seven new districts, total number rises to 30

CM Mamata Banerjee earlier also announced that a cabinet reshuffle is on cards, and around four to five new faces will be inducted to the council of ministers

Cabinet approves Taranga Hill-Ambaji-Abu Rd rail line for improved mobility

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility, said Anurag Thakur

Monsoon session of Parliament likely from July 18-August 12: Report

The session might start from July 18, the date of polling for the presidential election, and conclude by August 12, the sources said.

Cabinet nod for development of new greenfield airport in Dholera: Thakur

Dholera Airport is to get Passenger and Cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub to serve the industrial region.

Increase in MSP of kharif crops will empower farmers: PM Narendra Modi

Prime Minister Narendra Modi on Wednesday said the Union Cabinet decision to increase the minimum support price for kharif crops will empower crores of farmers. The government has taken an important decision in the interest of farmers, he said in a tweet. The Centre on Wednesday hiked the minimum support price for kharif crops by 4-9 per cent for the 2022-23 crop year, with paddy MSP being raised by Rs 100 to Rs 2,040 per quintal, a move aimed at encouraging farmers to bring more area under cultivation and boost their income. The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Modi, approved the increase in MSPs for all 14 kharif (summer) crops for 2022-23 crop year.

PM street vendor's scheme (SVANidhi) to continue till December 2024

The approval was given by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi

Economic Affairs committee, Union Cabinet to meet virtually today

The Cabinet Committee on Economic Affairs (CCEA) and Union Cabinet meeting will be held on Wednesday via video conferencing.

Cabinet okays 32,000-km roads, telecom towers in tribal areas

The Union cabinet approved putting up telecom towers in 7,287 villages in such areas

Cabinet Committee on Political Affairs: Of the powerful, by the powerful

The role of the CCPA was in sharp focus during the years P V Narasimha Rao was prime minister

Irani, Sonowal named for Cabinet committee on political affairs in rejig

Government has reconstituted powerful cabinet committees under which Union ministers Smriti Irani, Bhupender Yadav and Sarbananda Sonowal have been made part of Cabinet Committee on Political Affairs

Cabinet okays Rs 3 trn outlay for new power reform scheme for five years

Union govt support at Rs 97,631 cr

Akash missile sale cleared, govt to approach China-wary nations

Focus will be on high-value defence platforms to achieve target of $5-billion annual exports

Only send proposals with para on Atmanirbhar Bharat: Cabinet Secretariat

Justify if there are no such details, and ensure details are specific and quantifiable and not perfunctory, says Cab Sec