Cabinet Committee on Economic Affairs Current Affairs, GK & News

Central Government Scheme for Industrial Development of J&K

The Cabinet Committee on Economic Affairs recently chaired by Prime Minister Narendra Modi approved an ambitious scheme to boost the industrial development of Jammu and Kashmir. The Government of India has allocated 28,400 crores of Rupees for the industrial development of Jammu and Kashmir scheme. The funds are to be used to develop industrial sector ..

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North Eastern Region Power System Improvement Project

The Cabinet Committee on Economic Affairs recently approved the revised cost estimate of the North Eastern Region Power System Improvement Project. The revised estimated cost is Rs 6,700 crores. About the Scheme The north eastern region power system improvement project (NERPSIP) is a central scheme under the Ministry of Power. It was started in 2014. ..

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CCEA grants Rs 8,000 crore rupees for continuation and revamping of Infrastructure Viability Gap Funding

On November 12, 2020, the Cabinet Committee on Economic Affairs had approved the Continuation and Revamping of the Scheme for Financial Support to Public Private Partnership in Infrastructure Viability Gap Funding Scheme till 2024-25. Key highlights The main objective of the scheme is to promote PPP (Public-Private Partnership) in social and economic infrastructure for proper ..

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GoI increases Minimum Support Price of Rabi Crops

On September 21, 2020, the Government of India increased the Minimum Support Price of rabi crops. The MSP of wheat has been increased by Rs 50 per quintal. The other crops are Chana, Mustard, Safflower and Masoor. Highlights The key decision to increase MSP was taken at the meeting of Cabinet Committee on Economic Affairs. ..

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Borrowing limits fixed by UDAY of state government owned Power Discoms relaxed

The Cabinet Committee on Economic Affairs (CCEA) has come up with the approval of the one-time relaxation of the borrowing limits for the state government-owned Discoms. Key highlights The decision has been taken against the stress of discoms being unable to avail the Rs. 1.25 lakh crore dues to the generation and transmission companies. Previously ..

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