Cabinet Decision Current Affairs, GK & News
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 was given for telecom and network equipment manufacturing in a bid to boost the local manufacturing of the components. PLI scheme on telecom sector will be effective ..
Month: Current Affairs - February, 2021
Category: Legal & Constitution Current Affairs
Topics: Cabinet Decision • Department of Telecom (DoT) • Production Linked Incentive (PLI) • production linked incentive scheme • Telecom sector
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 finance companies (HFCs). However, the amount of overall guarantee has been limited to first loss of up to 10% of fair value of assets (FAV) being purchased ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Cabinet Decision • Department of Economic Affairs • HFC • housing finance companies • Ministry of Finance • NBFC • non-banking finance companies • Partial Credit Guarantee Scheme • Public Sector Banks
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 difficulties being faced during insolvency resolution process to realise objects of code, protect corporate debtors, prevent ill-thought-out triggering of bankruptcy proceedings and to further ease doing of ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Cabinet Decision • CIRP • Corporate Insolvency Resolution Process • Financial Creditors • Insolvency and Bankruptcy Code • Insolvency and Bankruptcy Code (Amendment) Bill • Insolvency and Bankruptcy Code 2016
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 Medical Products Regulation. The MoU was signed on 29 October 2019 during the visit of Prime Minister Narendra Modi to the kingdom of Saudi Arabia. Highlights of ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Cabinet Decision • CDSCO • Central Drugs Standard Control Organization • Drugs and Cosmetics Act • India-Saudi Arabia • Saudi Food and Drug Authority
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 ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector. MoC will help in capacity building for high grade steel manufacturing in India. About ‘India-Japan Steel Dialogue’ The ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Cabinet Decision • india-japan • India-Japan Steel Dialogue • Steel Industry • Union Cabinet