Page 16 - Union Cabinet

Govt extends soft-loans for ethanol to non-sugarcane-based distilleries

Move will cost govt Rs 4,573 cr, is a step forward in broader plan to achieve 20 per cent blending with petrol by 2030

Akash missile sale cleared, govt to approach China-wary nations

Focus will be on high-value defence platforms to achieve target of $5-billion annual exports

Cabinet okays MoU between India, Bhutan on peaceful uses of outer space

The Union Cabinet approved the Memorandum of Understanding between India and Bhutan on cooperation in the peaceful uses of outer space

Cabinet approves industrial corridor nodes at Krishnapatnam, Tumakuru

Centre approved industrial corridor nodes at Andhra Pradesh's Krishnapatnam and Karnataka's Tumakuru under Chennai-Bengaluru Industrial Corridor (CBIC)

Govt okays export of Akash missiles, forms panel for expediting such deals

After its induction in the services, interest was shown in the missile by many countries during international exhibitions, defence expos and Aero India

Union cabinet approves interest subvention for ethanol distilleries

The union cabinet approved an interest subvention of Rs 4,573 crore for new distilleries producing ethanol

Cabinet paves way for 100% FDI in DTH services; licences for 20 years

The licence fee has also been lowered from 10 per cent of gross revenue to 8 per cent. The fee will have to be paid quarterly instead of annual payment as at present

Union Cabinet approves Rs 59,048 crore scholarship for SC students

Cabinet committee approved a total investment of Rs 59,048 cr of which the Centre would spend Rs 35,534 cr, amounting to 60 per cent of the total scheme, and the balance would be spent by the states

Protection for Delhi's unauthorised colonies from punitive action extended

The extension is for another three years

Cabinet nod for revised DTH service guidelines; licenses for 20 years

The Union Cabinet approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years

Cabinet approves Rs 3,500 cr sugar export subsidy for 2020-21: Javadekar

The decision will benefit 5 crore farmers, said Javadekar, who is also union environment minister

Next round of spectrum auction gets cabinet nod: I&B minister Javadekar

The cabinet has also approved relief for sugarcane farmers

Cabinet may consider proposal to offer Rs 3,600 cr sugar export subsidy

This proposal will be considered as part of the govt efforts to help clear outstanding dues to sugarcane farmers, according to sources

Cabinet clears proposed MoU between Sebi, Luxembourg financial regulator

CSSF is the competent authority for the prudential supervision of the entire Luxembourg financial centre, except for the insurance sector

Govt to infuse Rs 2,000 cr in NIIF debt fund in FY21 for infra development

Union Cabinet approves Rs 6,000-cr fund over two years; this year's allocation to come if there is demand

Top headlines: Govt bans local lockdowns, HDFC Bank m-cap hits Rs 8-trn

HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day

Union Cabinet approves Rs 6,000 cr infusion in NIIF debt platform

The move is part of the 'Aatmanirbhar Bharat 3.0' package announced earlier this month

Govt approves LVB merger with DBS, say will fix blame for lender's failure

The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawals

Atmanirbhar 3.0: Cabinet to consider equity infusion of Rs 6k cr into NIIF

According to sources, the fund infusion would be made into the infra debt fund and infra finance company floated by the quasi-sovereign wealth fund

Cabinet approves revamped VGF scheme with outlay of Rs 8,100 crore

The earlier VGF scheme was limited to projects concerning economic infrastructure