Cabinet Decisions - General, India
Re-structuring of the Agricultural Scientists' Recruitment Board (ASRB)
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the proposal for restructuring of Agricultural Scientists'Recruitment Board (ASRB).
Details:
The ASRB will now be a 4 Member body instead of 3 Members. It will have a Chairperson and 3 Members.
ASRB would be for a period of three years or till... Full Document
Raising of Extra Budgetary Resources (EBR) for Swachh Bharat Mission (Gramin) [SBM(G)]
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the following:
Raising funds up to Rs.15,000 crore as Extra Budgetary Resources (EBR) (Gol Fully Serviced Bonds) for Swachh Bharat Mission (Gramin) [SBM(G)] during the financial year 2018-19 through NABARD.
Expansion of the scope of work of the Society named International... Full Document
Policy Framework for exploration and exploitation of Unconventional Hydrocarbons
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the policy to permit exploration and exploitation of unconventional hydrocarbons such as Shale oil/gas, Coal Bed Methane (CBM) etc. It will be carried out under the existing Production Sharing Contracts (PSCs), CBM contracts and Nomination fields to... Full Document
LIC to acquire controlling stake of IDBI Bank
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedconveying of no objection to reduction in Government of India shareholding in IDBI Bank Limited to below 50% by dilution. It has also approved acquisition of controlling stake by Life Insurance Corporation of India (LIC) as promoter in the... Full Document
Opening of 13 new Kendriya Vidyalayas in seven States and opening of second Jawahar Navodaya Vidyalaya at Alot, District Ratlam, Madhya Pradesh
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal for opening of 13 new KendriyaVidyalayas (KVs) in seven States and a second JawaharNavodayaVidyalaya(JNV) in Alot, District Ratlam, Madhya Pradesh.
These 13 schools are in Banda (Uttar Pradesh), Washim (Maharashtra), Chakpikarong (Manipur), Parbhani (Maharashtra), Nawada (Bihar),... Full Document
Grant of Interest Free Loan equivalent to interest during construction component to fertilizer revival projects
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal of Department of Fertilizers to grant Interest Free Loan (IFL) equivalent to the interest during construction (IDC) component of Rs.422.28 crore, 415.77 crore and 419.77 crore for Gorakhpur, Sindri and Barauni projects respectively... Full Document
Issue of fresh equity to the extent of 15% of the paid up equity capital by Hindustan Copper Limited
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for issue of fresh 13,87,82,700 equity shares to the extent of 15% of paid up equity capital efface value of Rs. 5/- each by Hindustan Copper Limited(HCL) through the Qualified Institutions Placement... Full Document
Special Remission to Prisoners on the occasion of 150th Birth Anniversary of Mahatma Gandhi
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has today given its approval to grant Special Remission to Prisoners as part of Commemoration of 150th Birth Anniversary of Mahatma Gandhi.
As part of commemoration of 150th Birth Anniversary of Mahatma Gandhi, the following categories of prisoners will be considered for... Full Document
Memorandum of Understanding amongst BRICS Nations on the Regional Aviation Partnership
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has today approved the signing of Memorandum of Understanding (MoU) amongst BRICS Nations on the Regional Aviation Partnership Cooperation viz. Brazil, Russia, India, China and South Africa.
Salient features:
The objective is that BRICS countries would benefit from the establishing of... Full Document
MoU between India and Cuba on cooperation in the field of Traditional Systems of Medicine and Homeopathy
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between India and Cuba on cooperation in the field of Traditional Systems of Medicine and Homeopathy. The MoU was signed on 22.6.2018.
Impact:
The MoU will enhance bilateral cooperation between... Full Document
MoU between India and Indonesia on cooperation in the field of pharmaceutical
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between the Central Drugs Standard Control Organization (CDSCO), India and National Agency for Drug and Food Control (BPOM), Indonesia on cooperation in the field of pharmaceutical products,... Full Document
Mutual Recognition Agreement (MRA) signed in 2010 and approves fresh MRA between the Institute of Chartered Accountants of India and the Institute of Certified Public Accountants, Ireland
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has given its ex-post facto approval of the "Mutual Recognition Agreement (MRA)" signed in 2010 and Approval for fresh MRA between the Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants (CPA), Ireland for... Full Document
MoU between the Institute of Chartered Accountants of India and Bahrain Institute of Banking and Finance, Bahrain
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has approved Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Bahrain Institute of Banking and Finance (BIBF), Bahrain to work together to strengthen the accounting, financial and audit knowledge base within Bahrain.
Salient Features:
ICAI... Full Document
MoU between the Institute of Chartered Accountants of India and "National Board of Accountants and Auditors, Tanzania
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and National Board of Accountants and Auditors (NBAA), Tanzania to establish mutual co-operation framework in the areas of Member Management, Professional Ethics,... Full Document
Determination of Fair and Remunerative Price payable by Sugar Mills for 2018-19 sugar season
Keeping in view the interest of sugarcane farmers, the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 at Rs. 275/- per quintal for a basic recovery rate of 10%; providing a premium... Full Document
Establishment of Medical College, Salempur at Deoria, Uttar Pradesh
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal of the State Government of Uttar Pradesh for establishment of new medical college at Deoria at a cost of Rs.250 crore under Phase-II of the Centrally Sponsored Scheme.
Under Phase-II of the Centrally Sponsored... Full Document
Continuation of the Schemes of (i) Pre-Matric Scholarship Scheme; (ii) Post Matric Scholarship Scheme; and (iii) Merit-cum-Means based Scholarship Scheme for the students
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal for Continuation of Pre-Matric, Post Matric and Merit-cum-Means based Scholarship Schemes for the students belonging to the six notified Minority Communities at a total cost of Rs. 5338.32 crore for period up to... Full Document
Policy framework for streamlining the working of Production Sharing Contracts (PSCs) in Pre-NELP and NELP Blocks
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the policy framework for streamlining the operations of Production Sharing Contracts (PSCs) for increased domestic production of hydrocarbon resources. The policy framework includes:
a) Special dispensation for E&P activities in North Eastern Region (NER).
Based on... Full Document
Special Package for Irrigation Projects in Vidarbha, Marathwada and other chronically drought prone areas of Rest of Maharashtra
The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the implementation of Centrally Sponsored-Scheme for completion of 83 Minor Irrigation projects and 8 major/medium irrigation projects of Marathawada, Vidharbha and drought prone areas of the rest of Maharashtra.
Impact:
Completion of these projects will ensure assured... Full Document
Transfer of 7.5 acres of Defence land to Kendriya Vidyalaya Sangathan
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the transfer of 7.5 acres of A-1 Defence land on lease in perpetuity basis at a nominal rent of Re 1/- per annum to Kendriya Vidyalaya Sangathan for the construction of Kendriya Vidyalaya No. 4 in... Full Document