Topic: Cabinet Decision
Cabinet approved PLI scheme for Telecom Sector
The government of India has approved the Production Linked Incentive (PLI) norms for the telecom sector on February 17, 2021. Key Facts The approval of the PLI scheme...
Cabinet approves Partial Credit Guarantee Scheme
Union Cabinet approved the ‘Partial Credit Guarantee Scheme’ that allows public sector banks (PSBs) to purchase high-rated pooled assets from financially sound non-banking finance companies (NBFCs) and housing...
Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019
Union Cabinet has approved certain amendments in Insolvency and Bankruptcy Code, 2016 (code), through Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019. The amendments aim to remove certain...
Cabinet approves MoU between CDSCO and Saudi FDA
Union Cabinet has given ex-post facto approval to Memorandum of Understanding (MoU) between Central Drugs Standard Control Organization (CDSCO) and Saudi Food and Drug Authority in field of...
Cabinet approves Indo-Japan pact in Steel Sector
Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing Memorandum of Cooperation (MoC) between Government of India and Government of Japan to constitute...
Authorised capital of Food Corporation of India increased to Rs.10000 cr from Rs.3500 cr
Cabinet Committee on Economic Affairs (CCEA) approved increasing authorized capital of Food Corporation of India (FCI) from existing Rs.3,500 crore to Rs.10,000 crore. CCEA was chaired by Prime...
Cabinet approves loan waiver of worth Rs.4 Cr against Sikkim Mining Corporation
Cabinet Committee on Economic Affairs (CCEA) has approved waiver of repayment of loan and interest thereon, of nearly worth Rs.4 crore outstanding against Sikkim Mining Corporation (SMC) including...
Cabinet approves Double Taxation Avoidance Agreement between India-Chile
Union Cabinet has approved the signing of Double Taxation Avoidance Agreement (DTAA) and Protocol between Republic of India and Republic of Chile. This will help in elimination of...
Cabinet approves Payment of PLB to railway employees (for FY 2018-19)
Union Cabinet chaired by Prime Minister Narendra Modi has approved payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees for Financial...
Cabinet approves increasing strength of Supreme Court Judges
Union Cabinet chaired by Prime Minister Narendra Modi has approved increasing the number of judges in Supreme Court from the present 31 to 34 (i.e. by 10%), including...
CCEA approves Nutrient Based Subsidy rates for P&K fertilizers
Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister has approved proposal for fixation of Nutrient Based Subsidy Rates for Phosphatic and Potassic (P&K) Fertilizers for the...
