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Cabinet

Cabinet Removes Bank Guarantee Requirement for Spectrum

Cabinet Removes Bank Guarantee Requirement for Spectrum

Tue, Nov 26, 2024

The Indian Cabinet has announced a significant policy change, removing the need for large bank guarantees against previously purchased spectrum. This move is expected to benefit telecom companies, including Vodafone Idea, which saw a gain of up to 18% following the announcement. In this video, we break down the implications of this decision on the telecom industry, its impact on companies, and the potential long-term effects on the sector.

Cabinet approves five major infra projects: 3 metros at Bengaluru, Pune, Thane and airports at Bagdogra in West Bengal and Bihta in Bihar

Cabinet approves five major infra projects: 3 metros at Bengaluru, Pune, Thane and airports at Bagdogra in West Bengal and Bihta in Bihar

Fri, Aug 16, 2024

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a series of high-impact projects, including the expansion of metro networks in Bengaluru, Thane, and Pune, alongside the development of Bagdogra airport, West Bengal and an army airport into a civilian airport at Bihta, Bihar.

Union Cabinet approves metro rail projects in Pune, Thane, Bengaluru

Union Cabinet approves metro rail projects in Pune, Thane, Bengaluru

Fri, Aug 16, 2024

The Union Cabinet on Friday approved metro rail projects in Pune and Thane in assembly poll-bound Maharashtra, and in Karnartaka capital Bengaluru. The Cabinet, in a meeting chaired by Prime Minister Narendra Modi, has approved two corridors of the Bangalore Metro Rail Project Phase-3, according to Union minister Ashwini Vaishnaw.

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Cabinet okays additional soft loan of Rs 15,000 crore for sugar mills

Cabinet okays additional soft loan of Rs 15,000 crore for sugar mills

Thu, Mar 07, 2019

The Centre on March 7 announced an additional soft loan of Rs 15,000 crore for sugar mills to create ethanol capacity under a recently launched scheme. Watch full video to know more.

Cabinet approves three corridors of Delhi Metro Phase 4

Cabinet approves three corridors of Delhi Metro Phase 4

Thu, Mar 07, 2019

The Cabinet Committee on Economic Affairs on Thursday approved three corridors of Delhi Metro’s Phase 4. This was the government’s last Cabinet meeting before the Lok Sabha elections. Watch full video to know more.

Cabinet approves ordinance to curb unregulated deposit schemes

Cabinet approves ordinance to curb unregulated deposit schemes

Tue, Feb 19, 2019

The lower House, or the Lok Sabha, had passed the Bill on the last day of the budget session by a voice-vote, but could not get the approval of the Rajya Sabha.

Rs. 22000 crore Approved for Expansion of Numaligarh Refinery

Rs. 22000 crore Approved for Expansion of Numaligarh Refinery

Wed, Jan 16, 2019

The Union Cabinet has approved Rs. 22,000 crore for the expansion of Numaligarh Refinery. This move will increase the production of the refinery.

Cabinet to soon consider framework for monetising assets of CPSEs

Cabinet to soon consider framework for monetising assets of CPSEs

Sun, Jan 06, 2019

"The draft Cabinet note has been floated for inter-ministerial comments. We hope to place the asset monetisation framework before the Cabinet this month," the official told PTI.

Cabinet okays Rs 4,500-cr package to sugar industry

Cabinet okays Rs 4,500-cr package to sugar industry

Wed, Sep 26, 2018

The government Wednesday approved a Rs 4,500 crore package for the sugar industry that includes over two-fold jump in production assistance to cane growers and transport subsidy to mills for export up to 5 million tonnes in the marketing year 2018-19, sources said.

Cabinet clears India-Denmark MoU on food safety

Cabinet clears India-Denmark MoU on food safety

Wed, May 23, 2018

The Cabinet today gave ex-post facto approval to the MoU between India and Denmark on cooperation in food safety. The Cabinet headed by Prime Minister Narendra Modi approved the agreement that was signed on April 16, 2018.

PM reshuffles Cabinet, Smriti Irani loses I&B; Piyush Goyal FM for now as Arun Jaitley indisposed

PM reshuffles Cabinet, Smriti Irani loses I&B; Piyush Goyal FM for now as Arun Jaitley indisposed

Tue, May 15, 2018

Prime Minister Narendra Modi rejigged his Cabinet on Monday evening by giving the I&B Ministry to Rajyavardhan Singh Rathore from his senior Smriti Irani and asking Piyush Goyal to look after the Finance Ministry till Arun Jaitely recuperates after a kidney transplant.

Cabinet clears Rs 5.5 per quintal subsidy to sugar mills for clearing dues of farmers

Cabinet clears Rs 5.5 per quintal subsidy to sugar mills for clearing dues of farmers

Thu, May 03, 2018

sugar mills owe arrears to the tune of nearly Rs 19,000 crore to the farmers. But, the decision has an implication of about Rs 240 crores. This is an immediate assistance to the mills to offset the problems of liquidity. He said the payment will start as soon as the eligibility of the mills is decided. Sugar mills owe arrears to the tune of nearly Rs 19,000 crore to the farmers. But, the decision has an implication of about Rs 240 crores. This is an immediate assistance to the mills to offset the problems of liquidity. He said the payment will start as soon as the eligibility of the mills is decided.

7th Pay Commission news: Government employees get this advantage, Dearness allowance hiked; 10 key takeaways

7th Pay Commission news: Government employees get this advantage, Dearness allowance hiked; 10 key takeaways

Thu, Mar 08, 2018

7th Pay commission salary based hike has brought this windfall of a 2 pct hike in dearness allowance. Modi government cleared dearness allowance hike to 7 pct from 5 pct earlier.

Govt approves scheme for capacity building in textile sector

Govt approves scheme for capacity building in textile sector

Wed, Dec 20, 2017

The scheme will also have national skill qualification framework compliant training courses with funding norms as per the common norms notified by Ministry of Skill Development and Entrepreneurship.

Govt prepares Rs 1,000 crore revival plan for Hindustan Paper Corp

Govt prepares Rs 1,000 crore revival plan for Hindustan Paper Corp

Sun, Oct 01, 2017

The inter-ministerial group has been tasked with undertaking turnaround of Hindustan Paper Corporation and government think tank NITI Aayog has been entrusted with overseeing implementation of the revival plan

Cabinet gives approval to increase GST cess on luxury cars

Cabinet gives approval to increase GST cess on luxury cars

Wed, Aug 30, 2017

The Cabinet has approved the Finance Ministry's proposal to increase the GST cess on luxury cars by another 10%.

Public sector banks shares rise as Govt gives in-principle approval for mergers

Public sector banks shares rise as Govt gives in-principle approval for mergers

Wed, Aug 23, 2017

Shares of public sector banks (PSBs) rose in trade on Wednesday afternoon as the government gave an in-principle approval for mergers between various PSBs.

7th Pay Commission: Cabinet to take up HRA allowance once Jaitley returns from South Korea

7th Pay Commission: Cabinet to take up HRA allowance once Jaitley returns from South Korea

Thu, Jun 15, 2017

Decision on arrears like HRA, dearness allowance, transport allowance (TA), etc, under the 7PC were expected to be taken on Wednesday. However, the Cabinet delayed it due to FM Arun Jaitley meet in South Korea.

7th Pay Commission: Cabinet meeting today; HRA may get fixed at 27%; arrears by July 1

7th Pay Commission: Cabinet meeting today; HRA may get fixed at 27%; arrears by July 1

Wed, Jun 14, 2017

The 7th CPC had also proposed that House Rent Allowance or HRA be capped at 24%. This did not go well with central government employees who demanded a higher HRA at 30%.

7th Pay Commission update: Central govt employees may get revised allowances from July 18

7th Pay Commission update: Central govt employees may get revised allowances from July 18

Sat, Jun 10, 2017

Latest news in the 7th Pay Commission is that central government employees may be getting revised allowances including House Rent Allowance from July 18 onward. The revised amount is cited to be higher than what was earlier suggested. A Cabinet meeting on Monday will now decide the hike in pay for these employees.

Cabinet gave clearance to coal linkage policy

Cabinet gave clearance to coal linkage policy

Wed, May 17, 2017

Cabinet gave clearance to coal linkage policy. Watch this special segment and get to know more here.

Cabinet takes important decision to resolve rising NPA problem

Cabinet takes important decision to resolve rising NPA problem

Wed, May 03, 2017

The Executive Order on the NPA policy has been sent to the President and it is expected to get the nod from him tonight.

Cabinet approves National Steel Policy 2017; aspires to achieve 300MT capacity by 2030

Cabinet approves National Steel Policy 2017; aspires to achieve 300MT capacity by 2030

Wed, May 03, 2017

It seeks to enhance domestic steel consumption and ensure high quality steel production and create a technologically advanced and globally competitive steel industry.

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