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Cabinet approveslisting of Export Credit Guarantee Corporation Ltd.through the Initial Public Offer on the stock Exchange

The Cabinet Committee on Economic Affairs chaired by the Hon’ble Prime Minister, Shri Narendra Modi has given approval for listing of M/s. Export Credit Guarantee CorporationLtd. (ECGC), an unlisted CPSE through the Initial Public Offer (IPO) on the Stock Exchange under the SEBI’s (Issue of Capital and Disclosure Requirements) Regulations, 2018. ECGC Limited is a wholly-owned CPSE of Government of ...

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Cabinet approves Revamped Distribution Sector Scheme: A Reforms based and Results linked Scheme”

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme.  The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance to DISCOMs for strengthening of supply infrastructure. The assistance will be  based on meeting ...

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Cabinet approves extension of applicability of New Investment Policy (NIP)-2012 read with its amendment to the Ramagundam Fertilizers and Chemicals Limited

The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi, has given its approval for the proposal of the Department of Fertilizers for extension of applicability of New Investment Policy (NIP)-2012 read with its amendment dated 7thOct 2014 for the Ramagundam Fertilizers and Chemicals Limited (RFCL). RFCL is a Joint Venture Company consisting of National Fertilizers Limited ...

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Cabinet approved Minimum Support Price of Copra for 2021 season

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for the Minimum Support Price (MSP) of copra for 2021 season. The MSP for Fair Average Quality (FAQ) of milling copra has been increased,by Rs.375/-, to Rs. 10335/- per quintal for 2021 season from Rs. 9960/- per quintal in 2020. The MSP for ...

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Cabinet approves MoU between India and Finland for cooperation in the field of Geology and Mineral Resources

The MoU facilitates cooperation in the field of geology, training, mineral prognostication and suitability analysis, 3/4D modeling, Seismic and other Geophysical surveys finalised with the intent of reinforcing and strengthening scientific links between the two Organisations. This MoU aims to provide with a framework and a platform to promote and foster cooperation in the fields of geology, and mineral resources ...

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Bioethanol Production from Rice Straw

 Bioethanol is considered as one of the most likely next generation fuel for automobiles because it is neutral in carbon content and can be produced from the renewable resources like the lignocellulosic biomass that is obtained from rice which is a major by-product of agriculture and is produced in a large amount in India. There are many technological barriers like ...

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Cabinet approves establishment of additional 6.5MMT Strategic Petroleum Reserves at Chandikhol in Odisha and at Padur, Karnataka  The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedestablishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations, i.e. Chandikhol in Odisha and Padur in Karnataka, including construction of dedicated SPMs (Single Point Mooring) ...

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