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Cabinet Committee on Economic Affairs (CCEA)

CCEA approves infusion of Rs 10,700 crore equity in state-owned FCI for working capital

CCEA approves infusion of Rs 10,700 crore equity in state-owned FCI for working capital

Wed, Nov 06, 2024

The FCI started its journey in 1964 with authorised capital of Rs 100 crore and equity of Rs 4 crore.

Cabinet Committee on Economic Affairs nod to 7 multi-tracking projects of Indian Railways

Cabinet Committee on Economic Affairs nod to 7 multi-tracking projects of Indian Railways

Wed, Aug 16, 2023

The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore and these will bring down the travel time for passengers, Union minister Ashwini Vaishnaw said.

Cabinet approves setting up of 3 new cooperative societies

Cabinet approves setting up of 3 new cooperative societies

Wed, Jan 11, 2023

Briefing media, Union Minister Bhupender Yadav said, "Cooperatives that are associated with farmers, farmers' income and agriculture production are an important part of rural India. The Cabinet today took three main decisions in the field of cooperatives".

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Government to assess appetite of foreign funds in Hind Zinc before stake dilution - Details!

Government to assess appetite of foreign funds in Hind Zinc before stake dilution - Details!

Sun, Dec 11, 2022

The government currently holds a 29.54 per cent stake in HZL, while a 5.54 per cent stake is with public shareholders. Mining mogul Anil Agarwal's Vedanta Ltd is the promoter with a 64.92 per cent stake in HZL.

BSNL-BBNL Merger: In exclusive conversation with Zee Business, Telecom Secretary Rajaraman decodes advantages- Details here

BSNL-BBNL Merger: In exclusive conversation with Zee Business, Telecom Secretary Rajaraman decodes advantages- Details here

Sun, Jul 31, 2022

BSNL-BBNL Merger: Regarding the BSNL-BBNL merger, Zee Business spoke with Telecom Secretary Rajaraman on July 31, 2022. In this conversation, the Telecom Secretary explained the advantages of this merger. He said the merger will increase fiber-to-home connectivity.

CCEA approves proposal for development of New Greenfield Airport at Dholera of Gujarat

CCEA approves proposal for development of New Greenfield Airport at Dholera of Gujarat

Tue, Jun 14, 2022

CCEA on Tuesday approved the proposal for development of New Greenfield Airport at Dholera, Gujarat. The permission is granted for the construction of Phase I at an estimated cost of Rs. 1305 crore.

Cabinet Decision: PM SVANidhi Scheme - Centre approves continuation till this date

Cabinet Decision: PM SVANidhi Scheme - Centre approves continuation till this date

Wed, Apr 27, 2022

The Centre on Wednesday approved the continuation of the PM SVANidhi scheme till December 2024, according to an official statement.

Cabinet hikes ethanol prices by up to Rs 2.5/litre effective December 1

Cabinet hikes ethanol prices by up to Rs 2.5/litre effective December 1

Wed, Nov 10, 2021

The approval will not only facilitate the continued policy of the government in providing price stability and remunerative prices for ethanol suppliers, but will also help in reducing the pending arrears of cane farmers, dependency on crude oil imports and will also help in savings in foreign exchange and bring benefits to the environment.

Cabinet Committee on Economic Affairs (CCEA) clears realignment of Department of Animal Husbandry & Dairying schemes

Cabinet Committee on Economic Affairs (CCEA) clears realignment of Department of Animal Husbandry & Dairying schemes

Wed, Jul 14, 2021

The government has decided to revise and realign various components of the Department of Animal Husbandry and Dairying schemes and special livestock package for leveraging investment worth Rs 54,618 crore.

Aviation: CCEA approves development of new airport in Rajkot

Aviation: CCEA approves development of new airport in Rajkot

Fri, Mar 01, 2019

"Considering the constraints and compulsions with respect to the existing airport, the state government desires to develop a new greenfield airport in Rajkot.

Union Cabinet approves sale of govt's 52.63 pct stake in REC to PFC

Union Cabinet approves sale of govt's 52.63 pct stake in REC to PFC

Thu, Dec 06, 2018

"The CCEA gave in principle approval for strategic sale of the Government of India's existing 52.63 per cent of total paid up equity shareholding in REC Ltd to Power Finance Corporation along with transfer of management control," Finance Minister Arun Jaitley said at a press conference after the Cabinet meeting here.

AirAsia India says no plans to look at Air India stake

AirAsia India says no plans to look at Air India stake

Tue, Jan 16, 2018

Low-frills carrier AirAsia India has ruled any plans to participate in the Air India stake sale, saying its focus remains on the building the existing brand and flying international, which is expected to happen from early next year.

Cabinet approves 9 railway network expansion projects worth over Rs 24,000 crore

Cabinet approves 9 railway network expansion projects worth over Rs 24,000 crore

Wed, Aug 24, 2016

This is a major boost to the infrastructure of the country and will facilitate travel as well as cargo transport in India.

ACC becomes Ambuja's subsidiary; what's on the road ahead?

ACC becomes Ambuja's subsidiary; what's on the road ahead?

Sat, Aug 13, 2016

Kotak Securities stated that with the deal between majority owners of both the companies, minority shareholders will get to be a shareholder of ACC which is believed to be a less efficient company by market analysts and shareholders.

7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore

7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore

Wed, Jun 29, 2016

The Cabinet Committee on Economic Affairs (CCEA) has hiked the gratuity cap for government employees from Rs 10 lakh to Rs 20 lakh, according to sources.

Arun Jaitley snubs Swamy; says have full confidence in Arvind Subramanian

Arun Jaitley snubs Swamy; says have full confidence in Arvind Subramanian

Wed, Jun 22, 2016

In one of his strongest replies condemning Swamy's attack he said, “To what extent should we attack those, the discipline and constraint of whose offices prevent them from responding, its happened more than once.”

Yes Bank likely to raise nearly Rs 6,653 crore from overseas investors in FY17

Yes Bank likely to raise nearly Rs 6,653 crore from overseas investors in FY17

Thu, Jun 02, 2016

"We have now headroom of about 32% with the approval. There is no immediate need for raising capital but depending on market conditions, we can raise during the current fiscal," Yes Bank Managing Director Rana Kapoor told PTI.

Govt hikes minimum support price of pulses by Rs 425 per quintal

Govt hikes minimum support price of pulses by Rs 425 per quintal

Wed, Jun 01, 2016

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, has given its approval for the hike in the MSPs for all Kharif crops of the 2016-17 season.

5/20 rule set to go as Cabinet takes up Civil Aviation Policy on Wednesday

5/20 rule set to go as Cabinet takes up Civil Aviation Policy on Wednesday

Tue, May 17, 2016

The existing 5/20 rule states that airlines must have completed at least 5 years before they can fly international flights.

FIPB clears over Rs 13,000 crore FDI proposals; hikes foreign investment limit in Axis Bank

FIPB clears over Rs 13,000 crore FDI proposals; hikes foreign investment limit in Axis Bank

Sat, Apr 30, 2016

The Foreign Investment Promotion Board (FIPB) in its meeting on Friday cleared 5 out of 14 proposal, a finance ministry official said.

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