Page-2 of Union Cabinet
Indian Antarctic Bill 2022
A Draft legislation has been approved by India’s Union Cabinet to provide a regulatory framework for research activities of India in Antarctica and also to protect the continent’s environment. Overview: The Ministry of Earth Sciences has piloted the Indian Antarctica ..
Month: Current Affairs - March, 2022
Category: India Nation & States Current Affairs
Recent Cabinet Approval
The Union Cabinet has approved the creation of a new company to monetize and hold surplus buildings and lands of PSUs and government agencies that are being shut down or being privatized. Overview: The National Land Monetisation Corporation (NLMC), the ..
Month: Current Affairs - March, 2022
Category: Government Schemes Current Affairs
Cabinet approves Rs 6322 crore PLI scheme for specialty steel
An Rs 6,322-crore production linked incentive (PLI) scheme for specialty steel has been approved by the Union Cabinet. This move is aimed at boosting the domestic exports and manufacturing from this sector. Key Points Incentives worth Rs 6,322 crore ..
Month: Current Affairs - July, 2021
Strategic disinvestment and transfer of management control in IDBI
The Union Cabinet recently approved the Strategic Disinvestment and transfer of management control in IDBI bank. Current Scenario The Government of India recently holds 45.48% stake in IDBI bank, LIC (Life Insurance Corporation) owns 49.24%. In 2019, LIC infused 21,624 ..
Month: Current Affairs - May, 2021
Cabinet approves Agreement between India and UK on Customs Cooperation
On April 28, 2021, the Union Cabinet chaired by Prime Minister Narendra Modi approved the agreement signed between Government of India and the Government of UK. The agreement was signed on Customs Cooperation and Mutual Administrative Assistance in Customs matters. ..
Month: Current Affairs - April, 2021
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 ..