Page-2 of Union Cabinet Decisions
Union Cabinet Approves Private Sector Participation in Space Activities
The move to leapfrog India’s space activities into the next stage by transforming the Indian Space Sector for the future challenges was made during a meeting of the Union Cabinet on 24th June 2020. Under the Chairmanship of the Prime ..
Month: Current Affairs - June, 2020
Cabinet Approves Ordinance to bring UCBs and MSCBs under RBI supervision
The decision to bring Urban Cooperative Banks (UCBs) and Multi-State Cooperative Banks (MSCBs) under the supervision of India’s Central Bank- the Reserve Bank of India (RBI) was taken on 24th June 2020 during a meeting of the Union Cabinet. The ..
Month: Current Affairs - June, 2020
Union Cabinet approves re-establishment of Pharmacopoeia Commission
On June 4, 2020, the Union Cabinet chaired by PM Modi approved the Pharmacopoeia commission. The cabinet has approved to re-establish the commission for Indian Medicine and Homeopathy under Ministry of AYUSH. Highlights The commission has been set up by ..
Month: Current Affairs - June, 2020
Union Cabinet approved MoUs signed between India and Bhutan
On June 3, 2020, the Union Cabinet chaired by PM Modi approved the Memorandum of Understanding signed between India and Bhutan. The agreement between the countries was signed to improve cooperation in the field of environment. Highlights The agreement will ..
Month: Current Affairs - June, 2020
Cabinet: Ordinance to cut salary of PM and MPs by 30% approved
On April 6, 2020, the Union Cabinet approved to cut the salary of Prime Minister and other MPs by 30%. Apart from them, the salaries of president, governor and vice president are also to be cut Highlights The amount cut ..
Month: Current Affairs - April, 2020
Union Cabinet approves extra supply of subsidized Food Grains to Ration Shops
On March 25, 2020, the Union Cabinet approved extra supply of food grains via rations shops. The monthly quota of subsidized food grains is to be increased from 2 kg to 7 kg. The step has been taken to help ..
Month: Current Affairs - March, 2020
Union Cabinet approves AYUSH Health and Wellness Centres
On March 21, 2020, the Union Cabinet approved Ayush Health and Wellness Centre under Ayushman Bharat Mission Highlights Under the approval, an expenditure of Rs 3,395 crores have been allocated. The centres are to be constructed within a time span ..
Month: Current Affairs - March, 2020
Modified Electronics Manufacturing Scheme 2.0 approved by the Union Cabinet
On March 21, 2020, the union cabinet chaired by PM Modi approved the Modified Electronics Manufacturing Clusters Scheme 2.0 (EMC 2.0). The scheme aims at improving the growth of Electronics System Design and Manufacturing sector. Highlights The scheme aims at ..
Month: Current Affairs - March, 2020
What is Modified New Pricing Scheme-III?
The Union Cabinet chaired by PM Modi recently gave its nod to remove ambiguities in Modified New Pricing Scheme-III. This was done to determine the costs of urea units. Modified New Pricing Scheme The Modified NPS scheme-III was launched in ..
Month: Current Affairs - March, 2020
Cabinet Approval: To amend Companies Act, 2013
On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 ..