Cabinet approves closure of loss making Bharat Wagon and Engineering Company
New Delhi, Aug 23 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal of Ministry of Railways to close the Bharat Wagon and Engineering Company Limited (BWEL) - a Central Public Sector Enterprise (CPSE) under Ministry of Railways.
New Delhi, Aug 23 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM).
Cabinet approves completion of balance works of North Koel Reservoir Project
New Delhi, Aug 16 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi today has given its approval to the proposal to complete the balance works of the North Koel Reservoir Project in Jharkhand and Bihar at an estimated expenditure of Rs.1622.27 crore to be incurred during three financial years from the start of the project.
New Delhi, Aug 16 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday has given its approval for 7 posts of Principal Director and 36 posts of Director on regular basis in the Armed Forces Headquarters (AFHQ) Civil Service, Ministry of Defence as part of restructuring .
Cabinet approves Integrated Goods and Services Tax (Amendment) Bill, 2017
New Delhi, July 19 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday given its ex-post facto approval for the promulgation of the Integrated Goods and Services Tax (Extension to Jammu & Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Integrated Goods and Services Tax (Amendment) Bill, 2017.
Cabinet approves recommendations of 7th CPC on allowances
New Delhi, June 28 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi approved the recommendations of the 7th CPC on allowances with some modifications.
Cabinet approves IISWC land transfer to NHAI
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the proposal for transfer of 4.64 hectares (46384 Sq. meters) of land belonging to the Indian Institute of Soil & Water Conservation (IISWC) Research Centre at Vasad, District Anand, Gujarat under the Indian Council of Agricultural Research to the National Highways Authority of India (NHAI) on payment of compensation amounting to Rs. 12.67 crore for extension and six laning of Ahmedabad - Vadodara Highway on NH-8.
Cabinet approves bilateral MoU between India and Iran
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Securities and Exchange Organization (SEO), Iran in relation to mutual cooperation on matters pertaining to securities markets.
Cabinet approves agreement between India and Cyprus on Merchant Shipping
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval to the Agreement between India and Cyprus on Merchant Shipping, which was signed in April 2017.
Cabinet approves MoU between India and Korea for export credit of USD 9 billion
New Delhi, June 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM) for export credit of USD 9 billion for infrastructural development in India and for the supply of goods and services as part of projects in third countries.
Cabinet approves restructuring plan for Hindustan Organic Chemicals Ltd.
New Delhi, May 17 (IBNS): The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, on Wednesday approved a restructuring plan for Hindustan Organic Chemicals Ltd. (HOCL), a loss making and sick Central Public Sector Enterprise (CPSE) under the Department of Chemicals & Petrochemicals.
GST: Cabinet's approval gives boost to our reform agenda, says Modi
New Delhi, Mar 20 (IBNS): Prime Minister Narendra Modi on Monday said the approval of the four Goods and Services Tax-related bills by the Union Cabinet is a boost to his government's reform agenda.
Cabinet approves acquisition of subsidiary banks of State Bank of India
New Delhi, Feb 15 (IBNS): The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the acquisition by the State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.
Cabinet approves interest waiver for the two months of November and December
New Delhi, Jan 24 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for interest waiver for the two months of November and December, 2016 for farmers accessing short term crop loans from Cooperative Banks.
New Delhi, Jan 18 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to exclude State Governments States or UTs (with Legislature) except Arunachal Pradesh, Delhi, Kerala and Madhya Pradesh from National Small Savings Fund (NSSF) investments from Apr 1,.2016.