Page 11 - Union Cabinet

Next round of spectrum auction gets cabinet nod: I&B minister Javadekar

The cabinet has also approved relief for sugarcane farmers

Cabinet may consider proposal to offer Rs 3,600 cr sugar export subsidy

This proposal will be considered as part of the govt efforts to help clear outstanding dues to sugarcane farmers, according to sources

Cabinet clears proposed MoU between Sebi, Luxembourg financial regulator

CSSF is the competent authority for the prudential supervision of the entire Luxembourg financial centre, except for the insurance sector

Govt to infuse Rs 2,000 cr in NIIF debt fund in FY21 for infra development

Union Cabinet approves Rs 6,000-cr fund over two years; this year's allocation to come if there is demand

Top headlines: Govt bans local lockdowns, HDFC Bank m-cap hits Rs 8-trn

HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day

Union Cabinet approves Rs 6,000 cr infusion in NIIF debt platform

The move is part of the 'Aatmanirbhar Bharat 3.0' package announced earlier this month

Govt approves LVB merger with DBS, say will fix blame for lender's failure

The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawals

Atmanirbhar 3.0: Cabinet to consider equity infusion of Rs 6k cr into NIIF

According to sources, the fund infusion would be made into the infra debt fund and infra finance company floated by the quasi-sovereign wealth fund

Cabinet approves revamped VGF scheme with outlay of Rs 8,100 crore

The earlier VGF scheme was limited to projects concerning economic infrastructure

India unveils Rs 1.46-trn incentive program to lure global manufacturers

'The plan will help India become a global manufacturing hub', said FM Nirmala Sitharaman

Cabinet approves production-linked incentives worth Rs 2 trn for 10 sectors

incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell battery

Cabinet approves mutual recognition pact between ICAI, Malaysia's MICPA

ICAI intends to establish bilateral cooperation with the Institutes in the Asia Pacific Region and therefore intends to sign the MoU with the MICPA

Cabinet to consider new public sector enterprises policy soon: DEA Secy

Under the policy, a list of strategic sectors will be notified where there will be at least one and a maximum of four public sector enterprise, apart from private sector companies

Cabinet approves bonus for central govt employees, 3 mn to benefit

The bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami, Javadekar said

Cabinet approves procurement of 1.2 mn tonne apple in J&K this season

The Cabinet on Wednesday approved the extension of a scheme under which cooperative NAFED will procure 12 lakh tonne apple in Jammu and Kashmir during the current 2020-21 season. National Agricultural Cooperative Marketing Federation (NAFED) has also been allowed to use the government guarantee of Rs 2,500 crore for this operation. The losses, if any, will be shared between the Centre and Jammu and Kashmir government on a 50:50 basis. A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi. "The Union Cabinet approved the extension of Market Intervention Scheme (MIS) for apple procurement in Jammu and Kashmir (J&K) for the current season also i.e. 2020-21 on the same terms and condition as was done in J&K during last season 2019-20," an official statement said. About 12 lakh tonne apple can be procured under this scheme directly from apple growers of Jammu and Kashmir, and the payment will be made through Direct Benefit Transfer (DBT)

Union Cabinet approves adoption of Jammu and Kashmir Panchayati Raj Act

The Union Cabinet on Wednesday approved the adoption of the Jammu and Kashmir Panchayati Raj Act, 1989, a government spokesperson said

Cabinet reviews labour reforms; to push remaining Codes in Monsoon session

The central government has been working to concise 44 central labour laws into four broad codes on wages, industrial relations, social security and occupational health & safety

Cabinet approves 'Mission Karmayogi' for major reforms in bureaucracy

The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future

BJP chief JP Nadda hails 'Mission Karmayogi' as far-sighted reform

In his tweets, Nadda described it as a far-sighted reform

Mission Karmayogi great reform, will end culture of working in silos: Shah

Shah also said the Modi government is fully committed towards building a future-ready civil service