Union Cabinet Decisions Current Affairs, GK & News

Cabinet approves Subsidy for Urea produced via Coal Gasification

The Cabinet Committee on Economic Affairs recently approved subsidy for Urea that are to be produced by TFL. TFL is a state-run fertilizer plant. It is Talcher Fertilizer Plant. About the Plant The TFL is to commission a new fertilizer plant in Odisha. This plant will produce urea through coal gasification. The Government of India ..

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Union Cabinet: PLI Scheme for Air Conditioners and LED Lights approved

The Union Cabinet recently approved the Production Linked Scheme for White Goods such as Air conditioners and LED lights. The main objective of the scheme is to make manufacturing in India globally competitive. This is to be achieved by creating economies of scale, removing sectoral disabilities and ensuring efficiencies. The scheme will make India an ..

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Akash Missile System

The cabinet, chaired by the Prime Minister Narendra Modi recently approved the export of the Akash missile system. Also, a committee has been formed for fast approvals of export of the missile system. Export of Akash Missile System The Government of India has a target of 5 billion USD of Akash missile export. According to ..

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Union Cabinet Decisions: Key Highlights

Context in Current Affairs: The Union Cabinet chaired by PM Modi recently approved on several decisions. India-Luxembourg The cabinet approved on the Memorandum of Understanding signed between India and Luxembourg. The agreement was signed between SEBI (Securities and Exchange Board of India) and Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg. The MoU will ..

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Union Cabinet: Capital Infusion of Rs 6,000 crores into NIIF approved

On November 25, 2020, the Union Cabinet approved Rs 6,000 crores of capital infusion into the National Infrastructure Investment Fund. This is a part of the Atma Nirbhar Bharat Abhiyan. The move will leverage to create financial pipeline of Rs 1 lakh crore. National infrastructure investment fund The National Investment Infrastructure Fund was set up ..

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