Cabinet Committee on Economic Affairs

Govt to give one time funds to complete languishing highways

The NH projects where construction has been 50 percent completed till November 2014 will be eligible for this one time financial assistance.

Oct 14, 2015, 14:41 PM IST

Developers allowed to divest 100% equity in road projects

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

Aug 26, 2015, 22:47 PM IST

CCEA approves proposal for strengthening drug regulatory system

To facilitate domestic manufacture of quality medical products, the Cabinet Committee on Economic Affairs (CCEA) Wednesday approved a proposal for strengthening and upgrading the drug regulatory system both at the Central and state level.

Aug 13, 2015, 00:03 AM IST

Govt clears 10 FDI proposals worth Rs 1,675 crore

Government has cleared 10 foreign direct investment (FDI) proposals entailing capital inflows of Rs 1,675.15 crore into the country.

Jul 15, 2015, 19:29 PM IST

Note on new urea policy sent to CCEA: Fertiliser Ministry

Government is committed to bring reforms in the sector without raising urea prices.

May 08, 2015, 16:23 PM IST

Govt eases gas field development rules for Reliance, ONGC

Easing rules, the government Wednesday approved a policy to allow Reliance Industries and ONGC develop a dozen contentious natural gas discoveries worth about Rs 1 lakh crore at current prices.

Apr 29, 2015, 14:13 PM IST

Government approves Rs 5,529-cr highway projects

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, gave approval for development of the eight-laning of Mukarba Chowk to Panipat section of National Highway 1 in Delhi and Haryana.

Apr 22, 2015, 23:11 PM IST

Govt to auction oil fields of ONGC to private companies

Government plans to auction 69 small and marginal oil fields of state-owned ONGC and Oil India Ltd to private firms on a new revenue sharing model.

Apr 14, 2015, 15:46 PM IST

Govt notifies export subsidy of Rs 4,000/tonne for raw sugar

The government today notified fixed subsidy of Rs 4,000 a tonne for export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year (October-September).

Mar 05, 2015, 15:40 PM IST

PDS kerosene, LPG subsidy scheme extended till March 2015

The Cabinet Committee on Economic Affairs (CCEA) Wednesday approved extension of the PDS Kerosene and Domestic LPG Subsidy Scheme and Freight Subsidy (for far-flung areas) Scheme for a further period of one year.

Mar 04, 2015, 22:24 PM IST

FIPB refers Rs 4,197 cr Glenmark, Aurobindo proposals to CCEA

The Finance Ministry Thursday referred the foreign investment proposals worth Rs 4,187 crore in pharma firms - Glenmark and Aurobindo - to the Cabinet Committee on Economic Affairs.

Feb 19, 2015, 21:15 PM IST

HDFC Bank shares gain over 3%

Shares of HDFC Bank rose by over 3 percent Thursday after the Cabinet Committee on Economic Affairs cleared a proposal of the company to raise Rs 10,000 crore from foreign investors.

Jan 29, 2015, 19:08 PM IST

CCEA clears HDFC Bank's proposal to raise Rs 10,000 cr

The Cabinet Committee on Economic Affairs (CCEA) Wednesday cleared a proposal of HDFC Bank to raise Rs 10,000 crore from foreign investors.

Jan 28, 2015, 21:20 PM IST

CCEA nod to maintain higher buffer stock of foodgrains

To avoid shortage of foodgrains once all states implement the food law, government Friday approved raising buffer stock and strategic reserve limits of Food Corporation of India for both wheat and rice.

Jan 16, 2015, 17:59 PM IST

Decision on premium for deep sea gas discoveries by early 2015

The government will by early next year decide on the premium that will be paid for new gas discoveries in deep-sea over and above the just approved rate of USD 5.61, Oil Secretary Saurabh Chandra said Wednesday.

Oct 22, 2014, 21:21 PM IST

Gas pricing will ensure profit, not windfall profit: Jaitley

Days after approving lower than demanded gas price increase, Finance Minister Arun Jaitley has said the USD 5.61 per mmBtu rate will ensure explorers make profit but not windfall gain.

Oct 20, 2014, 22:04 PM IST

CCEA may approve Coal India disinvestment today

The Cabinet Committee on Economic Affairs (CCEA) is likely to approve disinvestment of Coal India Ltd Wednesday which may fetch the exchequer Rs 22,000 crore.

Sep 10, 2014, 14:38 PM IST

Committee likely to submit report on new gas pricing formula today

A four-member committee of secretaries, set up by the Central government last month to examine the new gas pricing mechanism, is likely to submit its report on Wednesday.

Sep 10, 2014, 04:00 AM IST

Cabinet may take up Road Ministry's proposal to amend MCA

At present, road developers can exit projects only two years after beginning of commercial operations. For projects awarded before 2009, concessionaires at no point of time can exit projects fully.

Aug 31, 2014, 11:49 AM IST

Govt approves Rs 1 lakh crore Digital India programme

The government on Wednesday approved an umbrella programme Digital India comprising various projects worth about Rs 1 lakh crore to transform the country into a digitally empowered knowledge economy.

Aug 20, 2014, 22:19 PM IST