Page 6 - Cabinet

India's space industry over the moon after Centre eases FDI norms

Move will attract investments worth $5 billion in five years, say industry experts

Cabinet approves proposal to implement of umbrella scheme on women safety

Out of the total project outlay of Rs 1,179.72 crore, a total of Rs 885.49 crore will be provided by the Home Ministry from its own budget, and Rs 294.23 crore will be funded from the Nirbhaya Fund

Several cabinet ministers in Champai Soren's Jharkhand govt assume office

A number of newly inducted ministers in Jharkhand's Champai Soren-led alliance government assumed office on Saturday. The CM had allocated portfolios to the ministers on Friday. With the exception of a few, most ministers retained the portfolios they were assigned during the previous Hemant Soren government. Senior Congress leader and minister Alamgir Alam, who has been given the portfolio of rural development, panchayati raj, and rural works department, assumed office at the state secretariat. Jamshedpur (west) Congress MLA Banna Gupta took office as the minister of the health and disaster management department at Nepal House, while another Congress minister, Badal Patralekh, assumed charge of the agriculture and animal husbandry department. Patralekh directed the department officers to ensure proper spending of the budget allocation for 2023-24, as it is set to end next month. Gupta said his intention to strengthen the state's health infrastructure. "The budget expenditure for

Cabinet decision on railways will boost infra, reduce congestion: PM Modi

Prime Minister Narendra Modi on Thursday lauded a host of decisions taken by the Union Cabinet and said the approval of railway projects will boost infrastructure and reduce congestion on busy routes and improve commerce as well as connectivity. The Cabinet chaired by Modi approved six projects of the Ministry of Railways with an estimated cost of nearly Rs 12,343 crore with 100 per cent funding from the central government. The Cabinet's extension of the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) will ensure improved credit access for those in the fisheries sector and boost the creation of related infrastructure, the prime minister said in a post on X. The Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana, which has been approved by the Cabinet will boost the fisheries sector, especially MSMEs associated with the sector, he added. The government had earlier announced a Rs 6,000-crore scheme in order to formalise the unorganised fisheries sector, facilitate ...

Budget 2024: Green fuel gets boost, FM presents scheme for biomanufacturing

Cabinet approves marketing margins for domestic gas provided for fertiliser production

Union Cabinet approves Rs 8,500 cr incentive for coal gasification projects

At least one project will be bid out on a tariff-based bidding process and its criteria will be designed in consultation with NITI Aayog, a government statement said

Cabinet apprised of pact between India, Oman for co-operation in IT

The Union Cabinet was apprised of a pact inked between India and Oman for cooperation in the field of IT, an official release said on Wednesday. The memorandum of understanding (MoU) intends to promote cooperation between the two sides through mutual support, sharing of technologies, information and investments in the field of information technology. "The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a Memorandum of Understanding (MoU), signed on December 15, 2023, between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Transport, Communications and Information Technology of the Sultanate of Oman on cooperation in the field of Information Technology," the release said. The MoU will remain in force for a period of three years. "Both G2G (government to government) and B2B (business to business) bilateral cooperation in the field of Information Technology will be enhanced. The MoU envisages improved collaborat

Cabinet clears Rs 8,500 cr incentive scheme for coal gasification projects

The Union Cabinet on Wednesday approved a Rs 8,500 crore incentive scheme for coal gasification projects, sources said. The adoption of gasification technology in India is expected to reduce the country's reliance on imports of natural gas, methanol, ammonia and other essential products. The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme for coal gasification projects, the sources said. The government is targeting to gasify 100 million tonnes (MT) of coal by 2030. In gasification process, coal is partially oxidised by air, oxygen, steam, or carbon dioxide under controlled conditions to produce a liquid fuel known as syngas. Syngas or synthesis gas can be used for power generation and to make methanol as well.

Israel cabinet set to vote on 2024 wartime budget, higher deficit

Israel last year approved a two-year budget for 2023 and 2024, but the war against Hamas in Gaza has shaken government finances, requiring budget changes and additional spending

Tata's fab investment to be big, will move for Cabinet approval soon: Govt

The Tata Group's investment for the fab manufacturing in Gujarat will be "very big" and a Cabinet note seeking approvals for the project will be moved "very soon", Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Thursday. Speaking at the biennial Vibrant Gujarat Global Summit here, Vaishnaw said the Tatas' proposed investment is important because it will be serving a wider spectrum of opportunities, right from fab to OSAT (Outsourced Semiconductor Assembly and Test). Vaishnaw said the fab proposed in Dhooera will be a semiconductor chips manufacturing factory, which will be a "very big investment". "Already there is a lot of good progress on it. Very soon, we will take it to the Cabinet and construction will begin after that," Vaishnaw told reporters. The Union Cabinet will have to grant approval for the project, he added. The Union minister also said the Tata Group will tie up with a technical partner to set up the project, but declined to share

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Union Cabinet approves Rs 2,500 crore for Interest Equalisation Scheme

This would help exporters from identified sectors and all MSME manufacturer exporters to avail of pre and post-shipment Rupee export credit at competitive rates

Telangana Congress' MLAs-elect begin lobbying for ministerial positions

Revanth Reddy brought in Gaddam Vivek Venkataswamy, an ex-MP from the BJP. The leader is now among the candidates looking for a ministerial position

As MPs, Union ministers win Assembly elections, how likely are by-polls?

Resignation from Lok Sabha, replacing Union ministers and possible cabinet reshuffle months ahead of Lok Sabha elections 2024, are all on the table, with BJP MPs stating state Assembly seats

Cabinet okays continuation of fast-track special courts for another 3 yrs

The Union Cabinet has given its nod for continuing fast track special courts for another three years for delivering swift justice in cases involving sexual offences. After the passage of the Criminal Law (Amendment) Act in 2018 in the aftermath of the Nirbhaya gangrape case in Delhi, the Centre had decided to set up 1,023 fast-track special courts, including 389 to deal exclusively with cases related to violations of the Protection of Children from Sexual Offences (POCSO) Act, in 31 states and Union territories. The scheme was launched on Gandhi Jayanti in 2019 for one year and was later extended for an additional two years until March 31 this year. A government functionary had earlier said despite the Centre's efforts, only 754 of the 1,023 courts were operational. While several states had assured the Centre they would set up such courts, not many were eventually operationalised. On Tuesday, the Cabinet gave its nod to extend the scheme by three more years, with financial implica

Ensuring smart governance, Tripura Chief Minister launches e-cabinet system

Saha emphasized that the state government is actively pursuing e-Office implementation in mission mode, inspired by PM Narendra Modi's vision

Govt clears eCourts Project phase-III, with financial outlay of Rs 7,210 cr

The Union Cabinet on Wednesday approved the third phase of eCourts Project as a central sector scheme with a financial outlay of Rs 7,210 crore to be implemented over four years. Briefing media after a Cabinet meeting chaired by Prime Minister Narendra Modi, Information and Broadcasting Minister Anurag Thakur said the eCourts Mission Mode Project is the prime mover for improving access to justice using technology in line with the PM's vision of "Sabka Sath, Sabka Vikas and Sabka Vishwas". As part of the National eGovernance Plan, the eCourts Project is under implementation since 2007 for ICT enablement of the Indian Judiciary. The Phase II of the project has concluded in 2023. Phase III of the e-Courts Project, beginning 2023, in India is rooted in the philosophy of "access and inclusion", the minister said. The third phase is aimed at ushering in a regime of maximum ease of justice by moving towards digital, online and paperless courts through digitisation of the entire court reco

Cabinet approves eCourts project phase-III with cost of Rs 7,210 crore

The eCourts project has been under implementation since 2007 for ICT enablement of the Indian Judiciary. The Phase II of the project has concluded in 2023

Cabinet approves Rs 9,589 cr FDI in Suven Pharma by Cyprus bases firm

The government on Wednesday approved a foreign investment of up to Rs 9,589 crore in Suven Pharmaceuticals by Cyprus-based Berhyanda Ltd. The approval is for acquisition of up to 76.1 per cent shares of Suven Pharmaceuticals by Berhyanda by way of transfer of shares from existing promoter shareholders and public shareholders through mandatory open offer, an official release said after the meeting of Cabinet Committee on Economic Affairs. The aggregate foreign investment may increase to up to 90.1 per cent in Suven, the release said. The proposal has been evaluated by Sebi, RBI, CCI and other relevant agencies. The release further said the approval has been granted after examination of the proposal by departments concerned, RBI and Sebi and is subject to the fulfilment of all rules and regulations as applicable in this regard. Total foreign direct investment (FDI) in the pharmaceutical sector has been Rs 43,713 crore during last five years (from 2018-19 to 2022-23). The sector has

Cabinet passes resolution to congratulate PM on success of G20 Summit

The Union Cabinet on Wednesday passed a resolution congratulating and thanking Prime Minister Narendra Modi on behalf of the entire country for making the G20 Summit a huge success, Information and Broadcasting Minister Anurag Thakur said. Thakur also said the prime minister has emerged as a "man of global alliances", referring to the launch of Global Biofuels Alliance after earlier successes related to International Solar Alliance and Mission LiFE (Lifestyle for Environment). Briefing media after a cabinet meeting chaired by Prime Minister Modi, Thakur said the resolution relate to G20 Summit was moved by Defence Minister Rajnath Singh and was passed unanimously. The Cabinet noted the successful hosting of the G20 Summit was a matter of great pride for the entire country with several initiatives proposed by Prime Minister Modi such as the launch of Global Biofuels Alliance and the inclusion of African Union in the bloc being adopted with a consensus, the minister said. "The G20 ..