Union Cabinet hikes MSP for 6 Rabi crops

Oct 16, 2024, at 10:50 pm

New Delhi: Ahead of Diwali, the Union Cabinet approved an increase in the minimum support price (MSP) for six Rabi crops for the 2025-26 marketing season, Union Minister Ashwini Vaishnaw announced on October 16 during a press briefing.

Union Cabinet approves Chennai Metro Rail Phase-II and Diwali bonuses for railway and port workers

Oct 04, 2024, at 06:08 am

New Delhi: The Union Cabinet on Thursday approved the Ministry of Housing & Urban Affairs' proposal for the Chennai Metro Rail Project Phase-II, which will cover three corridors at a project cost of Rs 63,246 crore.

Union Cabinet approves 78-day productivity linked bonus for over 11 lakh railway employees

Oct 04, 2024, at 05:03 am

New Delhi: The Union Cabinet has approved the disbursement of a Productivity Linked Bonus (PLB) to 11,72,240 railway employees, with a total financial outlay of Rs 2,028.57 crore.

Union Cabinet approves fourth phase of Pradhan Mantri Gram Sadak Yojana with Rs 70,125 cr outlay to construct all-weather roads

Sep 12, 2024, at 06:33 am

New Delhi: Union Cabinet approved the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY) on Wednesday which will be implemented from 2024-25 to 2028-29, with a budget allocation of Rs 70,125 crore.

Union Cabinet approves PM E-Drive Scheme with Rs 10,900 cr budget

Sep 12, 2024, at 06:05 am

New Delhi: The Union Cabinet has approved the PM E-Drive Scheme with a budget of Rs 10,900 crore over two years to promote the adoption of electric vehicles (EVs) in India.

Centre approves 8 national high-speed road corridor projects of length 936 km for Rs 50,655 cr

Aug 03, 2024, at 05:03 am

New Delhi: The Cabinet Committee on Economic Affairs approved eight national high-speed road corridor projects on Friday, spanning a total length of 936 km across the country, with an investment of Rs 50,655 crore, Union Minister Ashwini Vaishnaw said in a press briefing.

Cabinet approves Viability Gap Funding (VGF) scheme for implementation of offshore wind energy projects

Jun 20, 2024, at 05:30 am

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs.7453 crore.

Cabinet approves development of all-weather greenfield deepdraft major port at Vadhavan in Maharashtra for Rs 76,220 cr

Jun 20, 2024, at 05:07 am

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, today approved setting up a Major Port at Vadhavan near Dahanu in Maharastra.

Union Cabinet green lights MSP for 14 Kharif crops; farmers to gain Rs 35,000 cr more compared to previous year

Jun 20, 2024, at 04:44 am

New Delhi: The Union Cabinet announced on Wednesday the minimum support price (MSP) for 14 Kharif season crops, including paddy, ragi, bajra, jowar, maize, and cotton.

Cabinet approves 4 pct Dearness Allowance hike for central govt employees

Mar 08, 2024, at 03:17 am

New Delhi/IBNS: Ahead of the Lok Sabha elections due to take place in the next 2-3 months, the Union Cabinet chaired by Prime Minister Narendra Modi approved a hike in Dearness Allowance (DA) of 4 percent to Central Government employees and Dearness Relief (DR) to pensioners with effect from January 1 this year.

Union Cabinet likely to clear Rs 76,220 cr to develop Vadhvan port in Maharashtra

Mar 07, 2024, at 06:24 am

The Union Cabinet, chaired by Prime Minister Narendra Modi, is likely to give the green signal to a Rs 76,220 crore project to develop a new deep-water major port at Vadhvan near Dahanu in Maharashtra, media reported

Cabinet approves funds for coal gasification projects worth Rs. 8,500 crores

Jan 25, 2024, at 06:07 am

New Delhi/UNI: The Union Cabinet Wednesday approved the scheme for the promotion of coal gasification projects by state-owned companies and the private sector, with an outlay of Rs 8,500 crore towards incentives for the same under three categories.

Cabinet approves hike in MSP for kharif crops

Jun 08, 2023, at 05:19 am

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved a hike in minimum support price (MSP) for Kharif crops for marketing season 2023-24.

Cabinet approves Medical Devices Sector policy aiming growth from present $11 bn to $50 bn in next 5 yrs

Apr 27, 2023, at 09:57 pm

New Delhi/IBNS: A Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the National Medical Devices Policy, 2023 Wednesday with the aim to bolster India as the global leader in the manufacturing and innovation of medical devices by achieving a 10-12% share in the expanding global market over the next 25 years, the government said in a statement.

Cabinet approves revised domestic gas pricing guidelines, natural gas price set at 10 pct of Indian Crude Basket monthly average

Apr 07, 2023, at 05:43 am

New Delhi/IBNS: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC and other legacy old fields.

Govt approves Rs 19,000 cr National Green Hydrogen Mission

Jan 05, 2023, at 02:27 am

New Delhi/IBNS: The Union Cabinet Wednesday approved the National Green Hydrogen Mission with an initial outlay of Rs 19,744 crore to boost green hydrogen production capacity in the country to at least 5 MMT (Million Metric Tonne) per annum by 2030.

Cabinet approves up to 20 pc FDI in IPO-bound LIC

Feb 27, 2022, at 12:18 am

New Delhi/UNI: The Union Cabinet on Saturday cleared upto 20 per cent foreign direct investment (FDI) under automatic route in Life Insurance Corporation of India (LIC), official sources said.

Cabinet revises MSME definition, announces 'affordable' loans for street vendors, better prices to farmers

Jun 01, 2020, at 11:49 pm

New Delhi/IBNS: In a big boost to the Micro, Small and Medium Enterprises, the Union Cabinet chaired by Prime Minister Narendra Modi, on Monday cleared a Rs 20,000-crore debt scheme, which is expected to help nearly 2 lakh MSMEs raise funds following the anti-coronavirus lockdown.

Union Cabinet gives nod for Ordinance to bring FDI in coal mining

Jan 09, 2020, at 02:28 am

New Delhi/UNI: Aiming to bring investments in coal mining, the Cabinet on Wednesday gave approval for the promulgation of Mineral Laws (Amendment) Ordinance 2020.

Cabinet approves extension of the term and coverage of the Fifteenth Finance Commission and submission of two reports by the Finance Commission

Nov 27, 2019, at 04:06 pm

New Delhi/IBNS: The Union Cabinet chaired by Prime Minister Narendra Modi on Monday approved the Fifteenth Finance Commission to submit first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by 30th October, 2020.

Cabinet approves infusion of capital by Government in IDBI Bank

Sep 03, 2019, at 05:12 pm

New Delhi, Sept 3 (IBNS): The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Infusion of Rs 4,557 crore by Government in IDBI Bank.

Cabinet approves MoU between India and Singapore on Cooperation in the field of Planning

Jun 27, 2018, at 05:07 pm

New Delhi, June 27 (IBNS): The Union Cabinet chaired by the Prime Minister Narendra Modi has given its ex post-facto approval to the MoU between India and Singapore on cooperation in the field of urban planning and development. The MoU was signed on 31st May 2018.

Cabinet approves scheme of budgetary support under GST regime to eligible units located in J&K, Uttarakhand, Himachal Pradesh, North Eastern States

Aug 16, 2017, at 11:36 pm

New Delhi, Aug 16 (IBNS): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi today has given its approval to the Scheme of providing Budgetary Support under Goods and Service Tax Regime for the eligible industrial units located in State of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North Eastern States including Sikkim.