Page-6 of Topic: Union Cabinet
What is Modified New Pricing Scheme-III?
The Union Cabinet chaired by PM Modi recently gave its nod to remove ambiguities in Modified New Pricing Scheme-III. This was done to determine the costs of urea...
Union Cabinet approves Yes Bank reconstruction plan
The Union Cabinet approved a reconstruction plan proposed by the RBI for providing financial assistance to the Yes Bank. Union Finance Minister announced that the authorised capital of Yes Bank has been...
Union Cabinet approves 780 km green highway project
The Cabinet has recently approved building 780-km Green National Highway project at a cost of Rs 7,660 crore. It includes upgradation of various National Highways in four states...
Union Cabinet approves RoDTEP
The Union Cabinet approved the Remission of Duties or Taxes on Export Products (RoDTEP). It is a scheme for exporters to reimburse taxes and duties paid, like value...
MEIS scheme to be replaced with RoDTEP Scheme
On March 13, 2020, the Union Cabinet approved to withdraw the MEIS (Merchandise Export from India) Scheme in phases. It is later to be replaced with RoDTEP (Remission...
Facts Box: Major Port at Vadhvan, Maharashtra
The Union Cabinet recently approved the proposal to set up major port at Vadhvan in Maharashtra. The GoI has sanctioned Rs 65,545 crores for the project. Highlights The...
Cabinet approves amendment to ‘Foreign direct investment policy on civil aviation’
The Union Cabinet recently approved an amendment to the ‘Foreign direct investment policy on civil aviation’, which allowed Non-resident Indians (NRIs) to acquire 100 per cent equity stake...
Cabinet Approval: To amend Companies Act, 2013
On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the...
Cabinet Approval: Mega Consolidation of Public Sector Banks
On March 4, 2020, the Union Cabinet chaired by Narendra Modi had approved mega consolidation of 10 Public Sector Banks. Highlights The mega merger is to come into...
Cabinet approves amendment to give occupancy rights to Lakshadweep’s ST population
The Union cabinet recently approved the amendment of the ‘Laccadive, Minicoy and Amindivi Islands Land Revenue and Tenancy Regulation, 1965’. The amendment was made to confer occupancy rights...
Cabinet Approval: Occupancy rights to Scheduled Tribes of Lakshadweep
On February 26, 2020, the Union Cabinet approved amendments to provide occupancy rights to Scheduled Tribes of Lakshadweep. The approval was provided to amend the Laccadive, Minicoy and...