Page 13 - Union Cabinet

Union Cabinet paves the way for privatisation of govt-owned insurers

The finance ministry will move amendments to the insurance Act in the ongoing Parliament session

Depositors to get up to Rs 5 lakh within 90 days if bank under moratorium

The announcement covers 98.3% of all deposit accounts and 50.9 per cent of the deposit value, Finance Minister Nirmala Sitharaman said

Union Cabinet approves Rs 6,322 crore PLI scheme for speciality steel

Move likely to attract investment of Rs 40,000 crore, capacity addition of 25 mn tonnes; create over 500,000 jobs

Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale

Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment

Union Cabinet approves first Central University in Ladakh: Thakur

The Centre approved the establishment of a central university and an integrated multi-purpose infrastructure development corporation for Ladakh

No fresh agenda, lots of unfinished work for PM Modi's new ministers to do

Business Standard examined 11 key ministries for the policies that are already on top of their agendas and most of them are of less than three years vintage

Dearness allowance hiked to 28% for govt staff, 10 million to benefit

Move expected to cost the exchequer Rs 34,400 cr, spur consumer spending

Cabinet extends RoSCTL scheme for textile exporters till March 2024

Apparel/garments and made-ups covered under RoSCTL scheme, will not get benefits under RoDTEP scheme

Cabinet okays scheme to promote India-owned ships with subsidy support

As per the scheme, a subsidy of Rs 1,624 crore over five years to domestic shipping companies will be given in global tenders floated by Ministries and central PSEs

PM Modi chairs first in-person Union Cabinet meet in over a year

With the Monsoon session of Parliament round the corner, the first in-person meeting of the Union Cabinet was held at Prime Minister Narendra Modi's official residence on Wednesday.

Best of BS Opinion: Real winners of reshuffle, message in a bottle & more

Here are the best of Business Standard's opinion pieces for Wednesday

From Anupriya Patel to Bharati Pawar, meet newly inducted women ministers

In the 7 July Cabinet reshuffle, seven women ministers were inducted

Road ministry to seek Cabinet nod for townships alongside highways: Gadkari

The minister emphasised on import substitution, cost effective, pollution free and indigenous methods and development of alternative fuel.

In first meet, new Cabinet approves Rs 23,123-crore Covid-19 fund

The Union cabinet Thursday approved a Rs 23,123-crore package for improving health infrastructure to fight COVID-19 as part of which around 2.4 lakh medical beds and 20,000 ICU ones would be created with a special focus on paediatric care. Addressing a press conference here after the first meeting of the Union cabinet following its reshuffle on Wednesday, Health Minister Mansukh Mandaviya said the package will be implemented over the next nine months till March 2022. The meeting was chaired by Prime Minister Narendra Modi. Mandaviya said this is the second phase of the Emergency Response and Health System Preparedness Package as the Central government had given Rs 15,000 crore earlier for setting up Covid-dedicated hospitals and health centres across the country. Under the new package, the Centre would provide Rs 15,000 crore and states Rs 8,123 crore, and the plan would be implemented jointly by them across all the 736 districts to improve medical infrastructure at primary and ...

Man for all reasons: Ashwini Vaishnaw, minister of Railways, Comms & IT

From trusted bureaucrat, to Wharton, MNC executive to businessman, and now politician, the man in charge of two weighty ministries is a unique all-rounder with specialist knowledge

Top headlines: TCS Q1 net rises 28.5%; Rs 23k-cr Covid package announced

Centre makes mandis eligible for loans, Growth worries, Chinese tech rout drag Wall Street lower, and other top headlines of the day

Cabinet expansion cannot cover up govt's wrong policies: Mayawati

In a major overhaul, Prime Minister Narendra Modi inducted several new members in his cabinet and dropped 12 ministers

Cabinet Reshuffle LIVE: Anurag Thakur takes charge as new I&B minisiter

Modi Cabinet Reshuffle LIVE: Union Home Minister Amit Shah is now the new head of the newly formed Ministry of Cooperation. Stay tuned for LIVE updates

Modi Cabinet 2.0, with 77 ministers, is all about politics and governance

Mandavia gets Health portfolio; Scindia gets aviation; Puri gets additional charge of petroleum

Ramesh Pokhriyal Nishank: Confusion over board exams may've led to his exit

It was during Nishank's tenure that the government adopted the New Education Policy