Page 3 - Union Cabinet

Union Cabinet to approve National Logistics Policy on Wednesday: Report

The Union Cabinet is likely to approve the National Logistics Policy in its meeting on Wednesday, sources said. Prime Minister Narendra Modi last week unveiled the policy which seeks to cut transportation cost by promoting seamless movement of goods across the country. While launching the policy, the prime minister had said that "from 13-14 per cent (of the GDP), we should all aim to bring the logistics cost to single-digit as soon as possible". According to an e-book of the department for promotion of industry and internal trade (DPIIT), an unified logistics interface platform (ULIP) will be developed as part of the policy to help different government and private agencies; shippers, service providers enable information exchange on a real time basis in a confidential manner. Development of ULIP is one of the eight interventions proposed under the comprehensive logistics action plan, through which the policy will be implemented. The other interventions proposed include Standardisat

Govt clears proposal to grant ST status to several communities in 5 states

Basically due to spelling errors and similar sounding names of several communities, these could not be brought under ST category for a very long time, Union Tribal Affairs Minister Arjun Munda said

Cabinet approves proposal to add Himachal's Hatti community to ST list

Union Tribal Affairs Minister Arjun Munda said Cabinet has also approved proposals to grant Scheduled Tribes status to Binjhia community in Chhattisgarh, Narikoravan and Kurivikkaran community in TN

PM SHRI: Here is what the scheme is about and how it will be implemented

The Union Cabinet approved a Rs 27,360 cr budget for the ambitious PM SHRI scheme to upgrade nearly 14,500 government schools across the country

Cabinet approves Rs 27k-cr scheme for setting up over 14k PM-SHRI schools

The Union Cabinet on Wednesday approved a Rs 27,360 crore scheme for setting up over 14,000 PM-SHRI schools across the country. Under the scheme, over 14,000 schools, including Kendriya Vidyalayas and Navodaya Vidyalayas, will be strengthened to emerge as PM-SHRI Schools (PM ScHools for Rising India), Union Ministers Dharmendra Pradhan and Anurag Thakur told reporters after the Cabinet meeting. The scheme, announced by Prime Minister Narendra Modi on September 5 on the occasion of Teachers Day, will seek to strengthen existing schools from amongst those managed by the Central and state governments, as well as local bodies. The total project cost would be Rs 27,360 crore for five years. Of this, the central share would be Rs 18,128 crore. The government expects this scheme to benefit 187 lakh students.

Union Cabinet approves policy on long-term leasing of Railways' land

The Union Cabinet on Wednesday approved a policy for long-term leasing of railway land for the PM Gati Shakti programme, which the government said will help set up 300 cargo terminals and generate 1.25 lakh jobs. The new policy will help provide land lease for a longer period of up to 35 years as against five years at present, Union Minister Anurag Thakur told the media after the cabinet meeting. With an employment generation potential of about 1.25 lakh jobs, the policy will also bring more revenue to the Railways; 300 cargo terminals will be developed in five years. The new policy will enable the integrated development of infrastructure and more cargo terminals.

Top headlines:Adani to build 3 giga factories; FM says inflation manageable

Business Standard brings to you top headlines for the evening

Cabinet approves Kochi Metro Rail project's 2nd phase, to cost Rs 1,957 cr

The Union Cabinet on Wednesday approved the second phase of the Kochi Metro Rail project, which will have 11 stations covering a length of over 11 km and cost Rs 1,957 crore. In a statement after the cabinet meeting, the government said preparatory work for the second phase, including road widening of the Seaport Airport Road, are progressing well. The first phase in Kochi from Aluva to Petta, covering a length of 25.6 Km with 22 stations at an estimated completion cost of Rs.5181.79 crore, is fully operational. The second phase from JLN Stadium to Infopark will pass through Kakkanad. The Kochi Metro Phase 1A project of viaduct of 1.80 km between Petta to SN Junction with an approved cost of Rs 710.93 crore is being implemented as a state sector project. Kochi Metro Phase 1 B Project of 1.20 km from SN Junction to Thripunithura Terminal is also under construction as state sector project. Kochi is Kerala's most densely populated city and is part of an extended metropolitan regio

Govt approves signing of MoU with Nepal on biodiversity conservation

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an environment ministry proposal for signing a Memorandum of Understanding with Nepal on biodiversity conservation. The MoU would help in promoting cooperation between India and Nepal in the field of forests, wildlife, environment, biodiversity conservation and climate change, including restoration of corridors and interlinking areas, and sharing knowledge and best practices, the Ministry of Environment, Forest and Climate Change said in a statement on Wednesday. The region along the Indo-Nepal border hosts some of the best wildlife habitats remaining in the Indian subcontinent.

Cabinet likely to take up Tejas Mark 2 case soon to grant permission

The new Tejas Mark 2 fighter is expected to be rolled out in a two-year time frame, and its first flight will take another year, say ADA officials.

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Govt nods enhancing ECLGS limit to Rs 5 trn for hospitality, allied sectors

Union Cabinet has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme by Rs 50,000 crore Rs 5 Lakh crore, with the additional amount being earmarked entities in hospitality

Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced

New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday

Union Cabinet enhances ECLGS corpus by Rs 50,000 crore to Rs 5 trn

The Union Cabinet on Wednesday approved raising the outlay of the Emergency Credit Line Guarantee Scheme (ECGLS) by Rs 50,000 crore to Rs 5 lakh crore and the additional amount will be earmarked for enterprises in the hospitality and related sectors. In the 2022-23 Union Budget, there was a proposal for raising the limit of ECLGS from Rs 4.5 lakh to Rs 5 lakh crore to help hospitality sector hit by the coronavirus pandemic. The hike in the amount has been made on account of the severe disruptions caused by the pandemic in the hospitality and related sectors, Information and Broadcasting Minister Anurag Singh Thakur said while briefing the media on various decision taken by the Cabinet. He said that loans worth around Rs 3.67 lakh crore have been sanctioned under ECLGS till August 5, 2022.

Pradhan Mantri Awas Yojana-Urban gets nod for continuation up to Dec 2024

Union Cabinet approved the proposal of the Ministry of Housing and Urban Affairs (MoHUA) for the continuation of Pradhan Mantri Awas Yojana-Urban up to December 31, 2024

Union Cabinet approves extension of PMAY-Urban till Dec 31, 2024

The Union Cabinet on Wednesday approved continuation of Pradhan Mantri Awas Yojana (Urban) till December, 2024, a statement stated

Over 80,000 women candidates register for Indian Navy's Agniveer scheme

As the registration for the Senior Secondary Recruit (SSR) and Matric Recruit(MR) concluded on Wednesday, the Indian Navy received over 80,000 applications from women candidates, informed the officials.The recruitment of the above-mentioned profiles will be done under the Agnipath scheme."Indian Navy's SSR (Senior Secondary Recruit) & MR (Matric Recruit) registration process towards the #AgnipathRecruitmentScheme has been completed. 9.55 lakh Agniveer applicants including 82,000 women aspirants have registered," tweeted the official handle of Indian Navy.Focusing on gender-neutrality in all its branches, the Indian Navy on June 20 announced its decision to recruit women sailors, through the newly-unveiled Agnipath recruitment scheme.While all the three services - Army, Air Force and Navy - have had women officers, this will be the first time that positions of Personnel Below Officers' Rank (PBOR) will be open to women."We are still formulating the exact number of women sailors .

Competition (Amendment) Bill: How it is looking to change CCI's functioning

Bill proposes to let individual members of the 6-member board to decide on matters for faster disposal of cases

Union Cabinet approves BSNL revival plan worth Rs 1.64 trillion

BSNL has been saddled with steep losses (over Rs 50,000 crore in the past five years) and obsolete technology, resulting in a decline in revenues and customers

Rs 1.64-trn revival package for BSNL comes too late in the day: Analysts

The government should have merged BSNL and MTNL, and then looked at such a move, says an analyst