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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
