CCEA
Sale of Hindustan Zinc stake
The Union Cabinet Committee on Economic Affairs (CCEA) has approved the sale of the government’s remaining stake of 29.5% in Hindustan Zinc Limited (HZL). At the current market price, the sale of the government’s 29.5% stake will fetch the government ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
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
National Technical Textiles Mission
To improve India’s standing in the technical textiles sector, the CCEA has approved the establishment of a National Technical Textiles Mission. What is the National Technical Textiles Mission? The National Technical Textiles Mission is a plan to improve India’s standing ..
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 ..
Month: Current Affairs - February, 2020
Cabinet approves transfer of Assam Gas Cracker Project to oil ministry
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the transfer of administrative control of Brahmaputra Cracker and Polymer Limited (BCPL), the Central Public Sector Undertaking (CPSU) implementing Assam Gas Cracker Project (AGCP) from ..
Month: Current Affairs - December, 2019
Cabinet approves extension of norms for mandatory packaging in jute materials
Cabinet Committee on Economic Affairs (CCEA) has accorded its approval for mandatory packaging of foodgrains and sugar in jute material for Jute Year 2019-20. The scope of mandatory packaging norms under Jute Packaging Material (JPM) Act, 1987 has been retained ..
Month: Current Affairs - November, 2019
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 Minister Narendra Modi. Key Highlights FCI’s operations require maintaining perpetual stock of ..
Month: Current Affairs - November, 2019
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 interest accrued on total amount from 1 April 2019, till this approval ..