Cabinet Approves On March 7, 2019
8 Mar 2019 | Cabinet Approves On March 7, 2019
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- Posted: Mar 13, 2019 1:29 am
Cabinet Approves On March 7, 2019
On 7th March 2019, the Union Cabinet chaired by Prime Minister Narendra Modi took a stock of decisions on various proposals. The details of the cabinet approvals are as follows:
Cabinet approves scheme to rebate embedded taxes
- Union cabinet approved a scheme to rebate all state and central embedded taxes to support the textile sector and make it more competitive.
- It will enable the government to various measures for making exports of apparel and made-ups zero rated. It will also ensure equitable and inclusive growth of textile and apparel sector.
Cabinet approves surrendering of AAI encroached land to MP government
Cabinet approved the proposal of Airport Authority of India (AAI) for surrendering encroached AAI’s land measuring 106.76 acres at Bhopal Airport to Madhya Pradesh government. The state government has in turn handed over 96.56 acres of land which is adjacent to existing land to Bhopal Airport and the remaining will be made soon.
Creation of post of Technical Members in SAT, Mumbai approved by the Cabinet
Cabinet has approved the proposal for creation of the Post of Technical member in Securities Appellate Tribunal (SAT), Mumbai which will facilitate creation of an additional bench in SAT for speedy disposal of appeals.
Transformative Mobility and Battery Storage Mission approved by Cabinet
Union Cabinet approved National mission on Transformative Mobility and Battery Storage which will finalise and implement strategies for transformative mobility and Phased Manufacturing Programmes (PMP) for electric vehicles, batteries and their components.
Proposal for reservation in Teachers Cadre Ordinance 2019 approved by Cabinet
Union Cabinet approved the proposal for release of ‘The Central Educational Institutions (Reservation in Teachers’ Cadre) Ordinance 2019 considering the college/University as a unit instead of subject/department. It will attract eligible talented candidates and improve teaching standards.
Cabinet nods ECHS facilities to veterans, pre-mature retirees
Cabinet approves the grant of Ex-servicemen Contributory Health Scheme (ECHS) facilities to World War II veterans, Emergency Commissioned Officers (ECO), Short Service Commissioned Officers (SSCOs) and pre-mature retirees. They will get the benefits of cashless medical treatment under ECHS facilities.
Cabinet approved ‘FMBAP’ for Flood Management Works in entire country
Cabinet approved the ‘Flood Management and Border Areas Programme (FMBAP) for Flood Management Works in entire country, river management activities and works related to Border areas for the period of 2017-18 to 2019-20 with an outlay of Rs. 3342.00cr.
Cabinet approves continuation of National AIDS Control Programme IV
Cabinet approved continuation of National AIDS Control Programme IV (NACP-IV) beyond 12th Five year plan for a period of 3 years from April 2017 to March 2020 with a total outlay of Rs.6434.76 cr.
Cabinet approves the 3rd railway line between Narayangarh and Bhadrak on SER
Cabinet approves the construction of a 3rd Railway line between Narayangarh in West Bengal and Bhadrak in Odisha (155kms) on South Eastern Railway (SER) with a total cost of Rs.1866.31 cr. The construction will be completed during year 2023-24.
Implementation of 1320MW Khurja Super Thermal Power Project in UP got cabinets approval
Cabinet approved the Investment in 2X660MW Khurja Super Thermal Power Plant (STPP) in Bulandahahar, Uttar Pradesh at an estimated cost of Rs.11089.42 cr.
Investment approval for 1320MW Buxar Thermal Power Project in Bihar got Cabinet approval
Cabinet approved the Investment approval for 2X660MW Buxar Thermal Power Project in Buxar, Bihar with an estimated cost of Rs.10439.09 cr. The project will be implemented by SJVN Thermal Private Limited.
Teesta Stage-VI HE Project in Sikkim received Cabinet nod
Cabinet approved the Investment sanction for acquisition of M/s Lanco Teesta Hydro Power Limited (LTHPL) and execution of balance work of the Teesta Stage-VI HE Project by NHPC limited in Sikkim. The estimated cost is Rs.5748.04 crore for the project.
Kiru Hydroelectric Project in Jammu and Kashmir got Cabinet approval
Cabinet approved the Investment in construction of Kiru Hydroelectric Project (624MW) by M/s Chenab Valley Power Projects Private Limited (M/s CVPPL) in Jammu and Kashmir with an estimated cost of Rs.4287.59cr.
Cabinet approves GoM recommendations on Stressed Power Plants
Cabinet approved the recommendations made by Group of Ministers (GoM) relating to stressed power projects including grant of coal linkage for short-term Power Purchase Agreements (PPA).
Cabinet approves Rs.2790cr financial assistance to sugar mills
Cabinet has given its approval for funds amounting to Rs.270cr towards interest subvention for a loan amount of Rs.12900 crore by the bank to the sugar mills. It aimed at enhancement and augmentation of ethanol production capacity.
Rs.4500 crore to revive ‘un-served, under-served’ airports approved by Cabinet
In order to boost regional air connectivity infrastructure, the Cabinet approves Rs.4500cr to revive and develop ‘un-served and under-served’ airports across the country.