Union Cabinet approves key changes to GST Constitutional Amendment Bill

The Union Cabinet has approved amendments to the GST (goods & services tax) constitutional amendment Bill in order to incorporate suggestions made by states. This decision follows a crucial meeting of the Empowered Committee of State Finance Ministers on GST ..

Month: Current Affairs - July, 2016

Union Cabinet approves Bilateral Investment Treaty between India and Cambodia

The Union Cabinet has approved Bilateral Investment Treaty (BIT) between India and Cambodia to boost trade and business. Decision in this regard was taken during the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key Facts ..

Month: Current Affairs - July, 2016

Union Cabinet approves setting up of new AIIMS in Bhatinda

The Union Cabinet has approved the establishment of a new AIIMS at Bhatind, Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). The medical institution will have a hospital with capacity of 750 beds which will include Emergency Beds, Private ..

Month: Current Affairs - July, 2016

CCEA approves Ghatampur Thermal Power Project in Uttar Pradesh

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for installation of Ghatampur Thermal Power Project (GTPS) in Ghatampur, Uttar Pradesh. The GTPC project has capacity of 1980 MW (3 X 660 MW) and would be installed through ..

Month: Current Affairs - July, 2016

Union Cabinet approves incorporation of Sagarmala Development Company

The Union Cabinet has approved the incorporation of Sagarmala Development Company (SDC) to give a push to port-led economic development under ambitious Sagarmala project. SDC will be incorporated under the Companies Act, 2013, with an initial authorized share capital of ..

Month: Current Affairs - July, 2016

CCEA approves construction of new dry dock within Cochin Shipyard Limited

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for construction of a new dry dock within the existing premises of Cochin Shipyard Limited (CSL). The new dry dock will be set up at an estimated cost of ..

Month: Current Affairs - July, 2016

Union Cabinet approves MoU between India and Switzerland for cooperation in skill development

The Union Cabinet has given its ex-post-facto approval for a Memorandum of Understanding (MoU) signed between India and Switzerland for cooperation in skill development. Decision in this regard was taken in the Union Cabinet Meeting chaired by Prime Minister Narendra ..

Month: Current Affairs - July, 2016

Union Cabinet approves Air Services Agreement between India and Mozambique

The Union Cabinet has approved signing of the Air Services Agreement between India and Mozambique. Presently there is no Air Services Agreement between both countries. In order to promote the air connectivity between them, the two sides had initiated the ..

Month: Current Affairs - July, 2016

Union Cabinet approves the Revised Cost Estimate of Punatsangchhu-II Hydroelectric Project in Bhutan

The Union Cabinet has given its approval for Revised Cost Estimate (RCE) of 7290.62 crore rupees for the ongoing 1020 MW Punatsangchhu-II Hydroelectric Project (HEP) in Bhutan. The Hydroelectric project seeks to provide surplus power to India and thus augment ..

Month: Current Affairs - July, 2016

CCEA approves disinvestment of 15% in NBCC

The Cabinet Committee on Economic Affairs (CCEA) has approved the disinvestment of 15% paid up equity of National Buildings Construction Corporation Limited (NBCC). Decision in this regard was taken by CCEA meeting chaired by Prime Minister Narendra Modi in New ..

Month: Current Affairs - July, 2016