Page 9 - Union Cabinet

Cabinet likely to take up Tejas Mark 2 case soon to grant permission

The new Tejas Mark 2 fighter is expected to be rolled out in a two-year time frame, and its first flight will take another year, say ADA officials.

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Govt nods enhancing ECLGS limit to Rs 5 trn for hospitality, allied sectors

Union Cabinet has approved the enhancement in the limit of Emergency Credit Line Guarantee Scheme by Rs 50,000 crore Rs 5 Lakh crore, with the additional amount being earmarked entities in hospitality

Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced

New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday

Union Cabinet enhances ECLGS corpus by Rs 50,000 crore to Rs 5 trn

The Union Cabinet on Wednesday approved raising the outlay of the Emergency Credit Line Guarantee Scheme (ECGLS) by Rs 50,000 crore to Rs 5 lakh crore and the additional amount will be earmarked for enterprises in the hospitality and related sectors. In the 2022-23 Union Budget, there was a proposal for raising the limit of ECLGS from Rs 4.5 lakh to Rs 5 lakh crore to help hospitality sector hit by the coronavirus pandemic. The hike in the amount has been made on account of the severe disruptions caused by the pandemic in the hospitality and related sectors, Information and Broadcasting Minister Anurag Singh Thakur said while briefing the media on various decision taken by the Cabinet. He said that loans worth around Rs 3.67 lakh crore have been sanctioned under ECLGS till August 5, 2022.

Pradhan Mantri Awas Yojana-Urban gets nod for continuation up to Dec 2024

Union Cabinet approved the proposal of the Ministry of Housing and Urban Affairs (MoHUA) for the continuation of Pradhan Mantri Awas Yojana-Urban up to December 31, 2024

Union Cabinet approves extension of PMAY-Urban till Dec 31, 2024

The Union Cabinet on Wednesday approved continuation of Pradhan Mantri Awas Yojana (Urban) till December, 2024, a statement stated

Over 80,000 women candidates register for Indian Navy's Agniveer scheme

As the registration for the Senior Secondary Recruit (SSR) and Matric Recruit(MR) concluded on Wednesday, the Indian Navy received over 80,000 applications from women candidates, informed the officials.The recruitment of the above-mentioned profiles will be done under the Agnipath scheme."Indian Navy's SSR (Senior Secondary Recruit) & MR (Matric Recruit) registration process towards the #AgnipathRecruitmentScheme has been completed. 9.55 lakh Agniveer applicants including 82,000 women aspirants have registered," tweeted the official handle of Indian Navy.Focusing on gender-neutrality in all its branches, the Indian Navy on June 20 announced its decision to recruit women sailors, through the newly-unveiled Agnipath recruitment scheme.While all the three services - Army, Air Force and Navy - have had women officers, this will be the first time that positions of Personnel Below Officers' Rank (PBOR) will be open to women."We are still formulating the exact number of women sailors .

Competition (Amendment) Bill: How it is looking to change CCI's functioning

Bill proposes to let individual members of the 6-member board to decide on matters for faster disposal of cases

Union Cabinet approves BSNL revival plan worth Rs 1.64 trillion

BSNL has been saddled with steep losses (over Rs 50,000 crore in the past five years) and obsolete technology, resulting in a decline in revenues and customers

Rs 1.64-trn revival package for BSNL comes too late in the day: Analysts

The government should have merged BSNL and MTNL, and then looked at such a move, says an analyst

Centre revives bill to regulate registration of digital news media: Report

The govt will propose the Registration of Press and Periodicals Bill, 2019 with the changes before the Union Cabinet soon, says a media report

Railway asset monetisation through Rs 18,000 cr InvIT unlikely in FY23

Both the finance ministry and Union cabinet have recently come down heavily on railways and asked it to expedite its monetisation efforts

Cabinet pulls up infra ministries to expedite port connectivity projects

Cabinet Secretary Rajiv Gauba also asked the ministries to finalise a comprehensive action plan in coordination with DPIIT and integrate it with PM Gati-Shakti framework by Aug 15

Top headlines: RBI tries to shore up rupee; DGCA notice to SpiceJet

Union ministers Mukhtar Abbas Naqvi and R C P Singh submitted their resignations to Prime Minister Narendra Modi on Wednesday, a day before the completion of their Rajya Sabha term, sources said.

Govt approves Rs 2,516 cr for computerisation of 63,000 PACS: Thakur

This will improve the PACS' functioning and bring transparency, says Union minister Anurag Thakur

Intl Yoga Day: 75 union ministers to perform Yoga at 75 historical places

On the eighth International Day of Yoga which will be celebrated on June 21, Prime Minister Narendra Modi will perform Yoga at Mysore Palace in Karnataka

Cabinet allows procurement by cooperatives through GeM portal

The move will help over 8.54 lakh registered cooperatives and their 27 crore members as they would get products at competitive rates from the GeM portal.

Cabinet approves National Biofuel Policy after slew of amendments

Also, more feedstocks have been allowed for the production of biofuels which can be doped with auto fuels

Cabinet amends biofuels policy, advances ethanol blending target to 2025-26

The Union Cabinet on Wednesday approved advancing the target of blending 20 per cent ethanol in petrol by 5 years to 2025-26 as well as allowing more feedstocks for the production of biofuels