Cabinet approves Shyama Prasad Mukherji Rurban Mission
The Union Cabinet on Wednesday approved the Shyama Prasad Mukherji Rurban Mission (SPMRM) with an outlay of Rs 5142.08 crores.
Sep 16, 2015, 14:37 PM IST
India unveils two gold schemes for deposits, sovereign bonds
In a bid to tap the vast amount of idle gold with people and put it to productive use, two schemes were on Wednesday unveiled by the Indian government -- one on physical deposit of the metal against its rupee value on paper and the other for issuing sovereign bonds.
Sep 09, 2015, 14:23 PM IST
Now, get tax-free interest on gold deposits
The Cabinet on Wednesday approved the gold monetisation scheme, which proposes to offer tax-free interest to individuals on depositing the yellow metal with banks.
Sep 09, 2015, 13:18 PM IST
Govt, RBI reach consensus on monetary policy committee: Jayant Sinha
"As far as MPC is concerned, we have reached a consensus with RBI. On that, a (Cabinet) note has been prepared. We will have to see when it gets to the Cabinet," he said here.
Aug 27, 2015, 21:41 PM IST
Arbitration law amendment cleared for speedy disposal of commercial disputes
The amendments to the Arbitration and Conciliation Act, 1996 came up for discussion before the Cabinet for the third time.
Aug 26, 2015, 21:43 PM IST
Govt gets proposals worth Rs 1.10 lakh crore under MSIPS
The government has received investment proposals worth about Rs 1.10 lakh crore in the last 12 months under the electronics manufacturing scheme MSIPS.
Aug 14, 2015, 18:39 PM IST
Govt announces Rs 300 crore relief package to farmers
The government Wednesday announced a relief package of Rs 300 crore to provide diesel and seed subsidy, among others, in order to save standing kharif crops in the eventuality of drought and deficit rainfall.
Aug 12, 2015, 23:24 PM IST
Cabinet may consider Coal India stake sale proposal on Wednesday
Sources said the CIL stake sale proposal may be placed before the Cabinet, headed by Prime Minister Narendra Modi.
Aug 11, 2015, 22:07 PM IST
Govt clears GST amendments, states to be compensated for 5 years
The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.
Jul 29, 2015, 20:55 PM IST
Govt extends scheme to boost electronics manufacturing by 5 years
To boost manufacturing of electronics items, the government on Tuesday extended the 'Modified Special Incentive Package Scheme' (MSIPS) by five years and also expanded the scope of the programme to cover 15 new product categories.
Jul 21, 2015, 22:16 PM IST
Foreign investments get composite caps; retailers to benefit
The limit of portfolio investment in banking is capped at 49 percent while in defence it is 24 percent.
Jul 16, 2015, 16:57 PM IST
Expect Cabinet approval on spectrum sharing by month-end: Secy
Speaking at a FICCI event here, Telecom Secretary Rakesh Garg said the spectrum sharing and trading guidelines have almost been finalised at the department level and Cabinet note has been circulated.
Jul 03, 2015, 20:40 PM IST
Govt to spend Rs 50,000 crore under new irrigation scheme
With an eye on improving farm productivity, the government will spend Rs 50,000 crore over the next five years under the Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
Jul 02, 2015, 13:51 PM IST
Govt to spend Rs 50,000 cr over 5 years on Pradhan Mantri Krishi Sinchai Yojana: FM
The Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) will have an outlay of Rs 50,000 crore over a period of five years (2015-16 to 2019-20), Finance Minister Arun Jaitley said on Thursday.
Jul 02, 2015, 11:34 AM IST
Cabinet clears scheme for providing irrigation to all villages
In order to reduce farm sector's dependence on monsoon, the Centre on Wednesday approved a central scheme for providing irrigation facility to every village by converging the ongoing schemes being implemented by various ministries.
Jul 01, 2015, 15:12 PM IST
Govt hikes pulses MSP sharply to boost output, check prices
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday increased the minimum support price (MSP) of paddy by Rs 50 to Rs 1,410 per quintal for this year.
Jun 17, 2015, 15:23 PM IST
Cabinet approves production from 3 naphtha-based urea plants
On the basis of NPS-III, the total cost of production of urea or concession price is calculated while the selling price is fixed at Rs 5,360 per tonne.
Jun 10, 2015, 14:08 PM IST
Cabinet may approve BIS, Consumer Protection Acts amendments
The Cabinet is likely to approve the amendments to the Consumers Protection Act and the Bureau of Indian Standards (BIS) Act, a top government official said Friday.
May 22, 2015, 23:54 PM IST
Govt relaxes FDI norms for NRIs, PIOs, OCI
The government on Thursday decided to liberalise foreign direct investment norms for NRIs and overseas citizens of India (OCI) as it aims to increase capital flows into the country.
May 21, 2015, 19:40 PM IST
Cabinet approves stake sale in IOC, NTPC; may fetch Rs 13,600 crore
The government will sell its 10 percent stake in blue-chip Indian Oil Corporation (IOC) and 5 percent in power producer NTPC to mop up about Rs 13,600 crore in this fiscal's first disinvestment approval.
May 13, 2015, 12:18 PM IST
