Page 3 - Cabinet Meeting
Top events today: Cabinet meet on Kashmir, Sengar in court and more
From Sitharaman to meet heads of public and private banks to Sovereign Gold Bonds subscription, Business Standard brings you top events of the day
 "Top events today: Cabinet meet on Kashmir, Sengar in court and more")
Govt clears 75 hospitals with 15,700 MBBS seats in 'aspirational districts'
The medical colleges would be set up at an estimated cost of Rs 24,375 crore
 "Govt clears 75 hospitals with 15,700 MBBS seats in 'aspirational districts'")
Govt okays 100% FDI in contract mfg, eases rules for single brand retail
The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure
 "Govt okays 100% FDI in contract mfg, eases rules for single brand retail")
Govt okays relaxing production sharing contracts of Pre-Nelp, NELP blocks
Sops will give relief to companies like ONGC and Oil India on sharing of royalty and cess in pre-Nelp exploration blocks
 "Govt okays relaxing production sharing contracts of Pre-Nelp, NELP blocks")
Railways staff to get productivity-linked bonus ahead of Diwali: Cabinet
Here are the highlights of the Cabinet meeting
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After reshuffle, PM Modi to hold first Cabinet meeting today
Six ministers in the existing Cabinet "volunteered to resign" in the run-up to the reshuffle
 "After reshuffle, PM Modi to hold first Cabinet meeting today")
Ordinance to tackle bad loans worth Rs 6 lakh crore cleared
The Union Cabinet, led by Prime Minister Narendra Modi, on Wednesday, has approved a new framework to deal with Rs 6 lakh crore worth of non-performing assets in the banking system, a formal announcement of which is expected to be made after President's ascent to few Ordinances. The framework includes an ordinance to amend the Banking Regulations Act to give more teeth to the Reserve Bank of India and its oversight committees to act on behalf of banks while deciding on toxic assets.The cabinet also approved a National Steel Policy that aims at giving preference to domestically manufactured iron and steel products for government's infrastructure projects, a move that would boost the sales of debt-laden companies. It also decided to handover to three ITDC Hotels located in Madhya Pradesh, Assam and Rajasthan to the state government after the Centre exists its stake in them. The properties would now be redeveloped and used as per the state governments requirements. "We have taken some ...
 "Ordinance to tackle bad loans worth Rs 6 lakh crore cleared")
Pension of freedom fighters hiked by 20%
This will be termed as Dearness Relief, the appropriate term in case of pensioners
 "Pension of freedom fighters hiked by 20%")
