Indian Cabinet approves auction of spectrum
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a proposal of the Department of Telecommunications to conduct spectrum auction through which spectrum will be assigned to the successful bidders for providing commercial mobile services.
Cabinet approves scheme of amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited
New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi has given its approval to the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).
Cabinet approves productivity linked bonus and non-productivity linked bonus for 2019-2020
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
Cabinet approves proposal for leasing out three airports of AAI through PPP
New Delhi: The Union Cabinetchaired by the Prime Minister, Shri Narendra Modi has approvedthe proposal for leasing out three airports namely Jaipur, Guwahati and Thiruvananthapuram airports of Airports Authority of India (AAI) through Public Private Partnership (PPP).
New Delhi: The Union Cabinet chaired by PM Narendra Modi on Wednesday has given its approval for extending the contribution both 12% employees' share and 12% employers' share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.
Cabinet approves scheme to help small businesses brace disruption by Covid-19
New Delhi/UNI: The Union Cabinet on Wednesday approved a scheme for interest subvention of 2 per cent for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers which will incentivise people who will make regular repayments of loans.
Cabinet approves 4 percent hike in DA for central government employees
New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister, Narendra Modi on Friday approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners.
Bonanza for Central govt employees: Cabinet approves dearness allowance by 4%
New Delhi/IBNS: Giving some good news to central government employees, the Cabinet on Friday approved 4 percent dearness allowance (DA) for them.
Cabinet recommends amalgamation of 10 PSBs into 4 from Apr 1
New Delhi/UNI: The Union Cabinet on Wednesday approved the mega consolidation of 10 PSBs into four.
Cabinet approves Companies (Second Amendment) Bill, 2019
New Delhi/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the Companies (Second Amendment) Bill, 2019 to amend the Companies Act, 2013.
Cabinet approves proposal for capital infusion for OICL, NICL and UIICL
New Delhi/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL).
Cabinet approves MoU between India and Brazil for cooperation in the oil and natural gas sector
New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for the signing of the Memorandum of Understanding (MoU) between Republic of India and Federative Republic of Brazil on cooperation in the field of oil and natural gas.
BSNL, MTNL to be merged, Cabinet approves revival plan
Mumbai: The Indian Cabinet has approved the revival plan for two ailing telecom companies Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).
Union Cabinet OKs hike in MSP for all Kharif crops of 2019-20 season
New Delhi, Jul 3(UNI) In a major boost to the farmers' income, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the increase in Minimum Support Prices (MSPs) for all Kharif crops for 2019-20 season.
Cabinet approves creation of the National Bench of GSTAT
New Delhi, Jan 23 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi, has approved the creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT).