Union Cabinet

Cabinet may approve approximately Rs 31,000-crore compensation amount, reports CNBC-Awaaz

Cabinet approves continuation of interest subvention scheme for farmers

The release stated that continuation of the support is critical to sustaining the flow of institutional credit to agriculture, which is vital for enhancing productivity and ensuring financial inclusion for small and marginal farmers.

Cabinet clears new Income Tax bill; to be introduced in Parliament next week

The first leg of the ongoing budget session ends on February 13. The session will reconvene on March 10 and continue through April 4.

Cabinet approves enhancement in allocation for PM Fasal Bima Yojana to Rs 69,515 crore

Also, the Cabinet has approved creation of Fund for Innovation and Technology with corpus of Rs 824.77 crore

Cabinet approves Rithala-Kundli corridor of Delhi Metro

The entire stretch will comprise 21 stations, all of them elevated

Cabinet approves two major railway projects with estimated cost of Rs 6,798 crore

The two projects cover eight districts in three states i.e., Andhra Pradesh, Telangana and Bihar and will increase the existing network of Indian Railways by about 313 kms, says govt

MC Exclusive I Union Cabinet may consider Rs 14,425-crore additional funding for Polavaram irrigation project on October 9

The newly elected Andhra Pradesh government was asked to submit a report on inflation-adjusted costs to the Union Finance Ministry in June 2024, for Central assistance to resume development of the proposed state capital of Amaravati and the Polavaram irrigation project.

Classical language status conferred to Marathi, Pali, Prakrit, Assamese, and Bengali

The journey towards this recent announcement began with a proposal from the Maharashtra Government in 2013, requesting Classical Language status for Marathi. Following the recommendation of the Linguistic Experts Committee (LEC), additional proposals from Bihar, Assam, and West Bengal were also considered for Pali, Prakrit, Assamese, and Bengali.

Cabinet approves productivity linked bonus worth Rs 2,028 cr for railway employees

The PLB amount, equivalent to 78 days’ wages, “will be paid to various categories of railway staff, and acts as an incentive to motivate them

Cabinet okays inclusion of budgetary support for enabling infra in hydropower projects

The modifications will now include costs to build "Enabling infrastructure" such as roads/ bridges, transmission lines, ropeways, railway sidings and communication infrastructure

Cabinet approves 4th phase of PM Gram Sadak Yojana at a cost of Rs 70,125 cr

As part of the scheme, the government will provide financial assistance for the construction of 62,500 kms road

Cabinet approves PM E-Drive scheme with Rs 10,900 crore outlay

The scheme will offer subsidies/demand incentives worth Rs 3,679 crore to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs.

UPS ensures dignity, financial security: PM Modi, govt officials applaud Cabinet decision

Prime Minister Narendra Modi expressed pride in the scheme, highlighting its alignment with the government’s commitment to the well-being of its employees.

Union Cabinet approves unified scheme ‘Vigyan Dhara’ to boost science and technology ecosystem

The primary goal of the ‘Vigyan Dhara’ initiative is to enhance the country’s Science, Technology, and Innovation (STI) ecosystem.

Cabinet approves 8 new railway projects worth Rs 24,600 crore, says Union minister Ashwini Vaishnaw

Out of these 8 projects, three will be developed in Odisha's southern and western parts, the minister said.

Union Cabinet raises MSP for 14 kharif crops, approves Rs 76,220-cr mega port in Maharashtra

Get the latest updates from Union Cabinet briefing: Increased MSP for Kharif crops to Rs 2 lakh crore and gave nod for a major port at Vadhavan, Maharashtra, which is set to become a top 10 global port. Details on these significant developments and their implications

Govt pushing ACC battery storage scheme, budget hiked 6x in last few years: Official

The National Programme on Advanced Chemistry Cell (ACC) battery storage was approved by the Union Cabinet on May 12, 2021 with budgetary outlay of Rs 18,100 crore.

Cabinet approves framework agreement for India-Middle East Europe Economic Corridor

The IGFA aims to enhance bilateral relations and to further strengthen the relations between the two countries in the Ports, Maritime, and Logistics sectors.

Cabinet approves development of two new Delhi Metro corridors at a cost of Rs 8,400 cr

The two corridors are Inderlok-Indraprastha (12.377 km) and Lajpat Nagar-Saket G Block (8.385 km).

Govt approves Rs 10,037 crore scheme to promote industrialisation in NE region

The Union Cabinet, chaired by Prime Minister Narendra Modi, in a meeting, approved the Uttar Poorva Transformative Industrialization (UNNATI) Scheme, 2024, here, an official release said.

Cabinet nod to bill to reserve seats for STs in Goa Assembly

Briefing reporters on the decisions taken by the Cabinet, Union Minister Piyush Goyal said the ST community have no seats reserved in the Goa assembly.

Bonanza for govt employees as Cabinet OKs 4% hike in dearness allowance

The increase, which is applicable from January 1, 2024, will push up dearness allowance and dearness relief to 50 percent.

Cabinet likely to clear Rs 76,220-crore proposal to develop container port at Vadhavan in Maharashtra on March 7

The Union Cabinet is also expected to approve proposals of projects for Guwahati Ring Road and Kharagpur-Siliguri highway.

Govt floats draft RFPs for setting up coal gasification units

The Ministry has sought feedback until March 20, 2024.

Cabinet OKs changes to space FDI policy, allows 100% foreign investment under automatic route for some activities

The amended FDI policy for the space sector seeks to attract investments in Indian companies in the sector and enhance ease of doing business