Cabinet committee
National Security Directive on Telecom Sector
The Cabinet Committee on Security recently announced the National Security Directive on Telecommunication sector. It will mandate service providers to purchase equipment from trusted sources. It has been framed in the perspective of national security. Under the provisions, the Government ..
Month: Current Affairs - December, 2020
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 ..
Month: Current Affairs - November, 2020
Cabinet Committee approves Indian Army Communication Network for Rs 7,796 crores
On October 1, 2020, the Cabinet Committee in Security approved ASCON (Army Static Switched Communication Network) Phase IV. ASCON is a high end communication system. It is to be implemented at an estimated cost of Rs 7,796 crores. The project ..
Month: Current Affairs - October, 2020
Ashwani Bhatia appointed as the Managing Director of SBI
Ashwani Bhatia has been appointed as the managing director of State Bank of India by the Appointments Committee of the Cabinet, headed by Prime Minister of India. He will be appointed in the place of P K Gupta. Key highlights ..
Month: Current Affairs - August, 2020
What are the National Recruitment Agency and Common Eligibility Test (CET)?
The cabinet approved the setting up of the National Recruitment Agency that will be responsible for conducting the Common Eligibility Test (CET). Key highlights The recruitment examination of Railways, Bank, and SSC will come under one examination named Common Eligibility ..
Month: Current Affairs - August, 2020
Cabinet approves to set up Animal Husbandry Infrastructure Development Fund
On June 24, 2020, the union cabinet chaired by PM Modi approved stimulus package of Rs 15,000 crore to set up Animal Husbandry Infrastructure Development Fund. Highlights The Government of India had earlier approved the Dairy Infrastructure Development Fund of ..
Month: Current Affairs - June, 2020
Cabinet approves a new In-Space Centre
On June 24, 2020, the Union Cabinet chaired by PM Modi approved space sector reforms that will boost the private participation. IN-SPACe Centre Indian Space Promotion and Authorisation Centre has been newly created. The centre will provide level playing field ..
Month: Current Affairs - June, 2020
First Corporate Bond ETF of India gets Cabinet Approval
The Cabinet Committee on Economic Affairs under, chaired by the Prime Minister, Narendra Modi on Wednesday, 4 December 2019 has given its approval for the creation and launch of the first corporate bond exchange-traded fund(ETF) of India, named ‘Bharat Bond ..