Thu, Oct 24, 2024
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the establishment of a venture capital (VC) fund of Rs 1,000 crore for space-focused startups.
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Wed, Sep 11, 2024
The Union Cabinet has approved a programme called 'Mission Mausam' to create "a more weather-ready and climate-smart Bharat" with an outlay of Rs.2,000 crore over two years.
Wed, Jun 19, 2024
The development of the airport at Varanasi, which is the Lok Sabha constituency of Prime Minister Narendra Modi, includes the construction of new terminal building, extension of apron and runway, parallel taxi track and other allied works, informed I&B Minister Ashwini Vaishnaw after the Cabinet meeting.
Fri, Dec 15, 2017
The Cabinet has also approved the creation of one circle office of Commissioner of Metro Railway Safety (CMRS), along-with all supporting officers and staffs for carrying out the functions of Commission of Metro Railway Safety as envisaged in the "Metro Railways (Operations and Maintenance) Act, 2002".
A bill on Triple Talaq was cleared by the Union Cabinet on Friday, ahead of it being taken up in the Winter Session of Parliament.
Thu, Dec 07, 2017
In a bid to provide relief to consumers and corporates, the GST council's 23rd meeting has decided to slash tax rate of nearly 178 items from the higher slab of 28%.
Tue, Nov 28, 2017
If a government servant receives non-practising allowance, then his basic pay plus non-practising allowance plus deputation allowance should not exceed the average basic pay, said the DoPT.
Sat, Nov 25, 2017
It has been more than a year now and the Central government is yet to settle the minimum pay scale issue. The recent report suggests that fitment factor and pay scale issues under the 7th Pay Commission would not be considered an anomaly.
Wed, Nov 22, 2017
The Cabinet's approval is expected to benefit 31 Supreme Court judges and 1,079 justices of various High Courts. Defence and civilian government employees, however, still wait for clarification on their pay scale.
The commission would recommend the formula for sharing taxes between the Centre and the state and allocation of each state for the five-year period between 2020 and 2025.
Sat, Nov 18, 2017
When 7th Pay Commission received in-principle approval from cabinet in June 2017, it was expected to benefit 34 lakh civilian employees and 14 lakh Defence Forces personnel.
Sat, Nov 11, 2017
Union Cabinet on June 28, among many recommendations under the 7CPC, also approved raising the minimum pay from Rs 7,000 to Rs 18,000 per month and fitment factor to 2.57 times.
Tue, Nov 07, 2017
Many media reports have stated that the proposal to implement recommendations of 7th Pay Commission has been approved by the Ministry.
Mon, Nov 06, 2017
In June month, the cabinet among many recommendations under the 7CPC, also approved raising the minimum pay from Rs 7,000 to Rs 18,000 per month and fitment factor to 2.57 times.
Fri, Nov 03, 2017
Thu, Oct 12, 2017
Last year, the government had constituted a pay review committee, headed by UGC member VS Chauhan, which had submitted its recommendations earlier this year.
Mon, Oct 09, 2017
On June 28, 2017, Finance Minister Arun Jaitley chaired Union Cabinet approved the recommendations under 7th Pay Commission with 34 modifications.
Wed, Sep 20, 2017
This financial implication of payment Productivity Linked Bonus to railway employees is estimated to cost Rs 2,245.45 crores.
Wed, Sep 13, 2017
Payment of Gratuity (Amendment) Bill, 2017 Amendment Bill seeks to double tax -free gratuity for private sector employees to Rs 20 lakh as against the current limit of Rs 10 lakh.
Mon, Sep 04, 2017
The Government of India is all set to make fewer and stronger PSBs in the coming months - as an move to tackle their non-performing assets (NPAs). A list of total 21 PSBs are considered to become 10 - 12 banks.
Thu, Aug 24, 2017
The Union Cabinet has approved an alternate mechanism for the merger of other PSBs in the coming days. Even though the move is expected to help but yet not entirely the solution needed for PSBs.
Thu, Aug 17, 2017
RBI introduced various measures in the Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18. The aim is to provide agriculture credit at affordable rate.
Briefing reporters after a Cabinet meeting, Finance Minister Arun Jaitley said a large number of major and medium irrigation projects taken up under Accelerated Irrigation Benefit Programme (AIBP) had been languishing mainly due to inadequate provision of funds.
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