Cabinet Committee on Economic Affairs (CCEA)

Cabinet approves Rs 3 trn outlay for Power Reform scheme

Cabinet Committee on Economic Affairs (CCEA) has approved a Rs 3.03 trillion power distribution company (DISCOM) reform scheme on June 30, 2021. Under the scheme, Centre’s share will be about Rs 97,631 crore. About DISCOM reform scheme It is a ..

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Govt approves hike in MSP for Copra

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi has approved the Minimum Support Prices (MSPs) for milling copra and ball copra. Key Facts The government has increased the MSP of copra by ₹375 from 2020. ..

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Revision of interest subvention under Diary Processing and Infrastructure Development Fund from 2% to 2.5%

The Cabinet Committee on Economic Affairs recently approved its revision of interest subvention rates from 2% to 2.5% per annum. This is being done under Diary Processing and Infrastructure Development Fund (DIDF). Highlights Under the DIDF, GoI will now provide ..

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Union Cabinet Approves Abolition of FIPB

The Union Cabinet has approved the abolition of 25 year old FIPB. Henceforth, concerned ministries will be responsible for direct approval of foreign investment proposals. The decision falls in line with Finance Minister Arun Jaitley’s proposal to scrap FIPB in this year’s ..

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Union Cabinet Approves Pharma Mission to Develop Bio-Pharmaceuticals

The Cabinet Committee on Economic Affairs (CCEA) has approved a collaborative mission between industry and academia called ‘Innovate in India empowering biotech entrepreneurs and accelerating inclusive innovation‘ that is aimed at accelerating research for early development of bio-pharmaceuticals.  Salient Highlights The mission ..

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CCEA gives Approval to New Coal Linkage Policy

The Cabinet Committee on Economic Affairs (CCEA) has approved a new coal linkage policy to ensure adequate supply of the fuel to power plants through reverse auction. The new policy will help in ensuring fuel supplies to the power plants in an ..

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