cabinet approval Current Affairs, GK & News

Recent Cabinet Approval

The Union Cabinet has approved the creation of a new company to monetize and hold surplus buildings and lands of PSUs and government agencies that are being shut down or being privatized. Overview: The National Land Monetisation Corporation (NLMC), the name given to this special purpose vehicle (SPV), will be set up as a wholly-owned ..

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Cabinet approves National Mission on Edible Oils

Cabinet approved the ‘National Mission on Edible Oils — Oil Palm (NMEO-OP)” with the financial outlay of Rs 11,040 crore. Key Points This approval was given in order to promote the domestic cultivation of oil palm in next five years. It will help in reducing India’s dependence on imports. The decision was taken after Prime ..

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Cabinet approves MoU with Denmark on Health

Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Memorandum of Understanding (MoU) between Ministry of Health & Family Welfare (India) and Ministry of Health (Denmark) on Cooperation in areas of Health and Medicine. Benefits of MoU Bilateral MoU will encourage cooperation between both the ministries by joint initiatives and technology development ..

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Cabinet approves BharatNet PPP model

Union Cabinet chaired by Prime Minister Narendra Modi approved for revised implementation strategy of BharatNet under Public Private Partnership mode on June 30, 2021. Key Points Project would be implemented across16 States of India. Under the revised proposal, BharatNet will now extend up to all inhabited villages beyond Gram Panchayats (GPs). Revised strategy also includes ..

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Cabinet approves Deep Ocean Mission

Union Cabinet has approved ‘Deep Ocean Mission’ proposed by Ministry of Earth Sciences to conduct study on biodiversity, impact of climate change and to establish an offshore marine station in order to explore source of thermal energy. Highlights Mission will explore Deep Ocean for resources and help in development of deep-sea technologies for sustainable use ..

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