Cabinet Committee on Economic Affairs: News
Modi reshuffles Cabinet Committees; Irani, Sonowal among new faces
After reshuffling the Union Cabinet last week, Prime Minister Narendra Modi on Tuesday rejigged Cabinet Committees, introducing several new faces.
Modi creates two cabinet committees to focus on jobs, economic-growth
Prime Minister Narendra Modi has finally addressed the elephant in the room. On Wednesday, he formed two Cabinet committees to look into job creation and slow economic growth- two issues which his government is facing in its second term.
In Aircel-Maxis case, Chidambaram named as accused in chargesheet
The Enforcement Directorate on Thursday named former Union Minister P Chidambaram as accused no. 1 in the Aircel-Maxis case. The senior Congress leader's son Karti and his accountant Bhaskar Raman were also mentioned in the chargesheet.
Cabinet okays plan to electrify 13,000 route kilometers of rail-tracks
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved a proposal for electrification of the last leg of more than 13,000 route kilometers of railway tracks today, a statement from Railways Ministry said.
India's busiest airports will outgrow their capacities this year
According to the documents accessed by the Hindustan Times through the RTI act, at least 25 of India's busiest airports are operating beyond capacity, while the rest will reach their optimal capacity in 2018-19.
J&K: PM Modi arrives on a day-long visit
PM Narendra Modi arrived at Leh this morning on his day-long visit to the state after the Centre announced ceasefire during the holy month of Ramzan.
PM Narendra Modi in Bihar: Three rail projects flagged off
Prime Minister Narendra Modi on Tuesday flagged off a train between Katihar and Old Delhi, dedicated to the nation a loco factory in Madhepura, and also laid the foundation of a track-doubling project in Bihar.
Modi-govt to create 1cr new jobs on 12% pension incentive
The government hopes to create 1cr new jobs by bearing the entire 12% of the basic salary that employers are mandated to make towards the pension for the first three years for new employees.
Govt. allows commercial coal mining by private-sector, ending Coal-India monopoly
The government has opened up commercial coal mining for the private sector, allowing Indian and foreign companies to bid for mines for commercial use - a major reform in the coal sector since its nationalization in 1973.
Foreign airlines can invest up to 49% in Air India
Earlier, a parliamentary panel advised the government to defer Air India's (AI) privatization. They urged them to give 5yrs for AI's revival.
Air India gets Rs. 927 crore breather, banks shy away
The center has pumped in another Rs. 927 crore in Air India this month, keeping its promise of fund infusion made almost a decade ago.
FIPB comes to an end to facilitate ease of business
The Union cabinet has okayed the abolition of 25-year-old Foreign Investment Promotion Board (FIPB), whose purpose was to vet Foreign Direct Investment (FDI) proposals in India, as most of the FDI money now comes via automatic routes.
"Buy in India" to bolster Modi's "Make in India" initiative
Narendra Modi had his fair share of wins with the "Make in India" policy and is now going to usher "Buy in India" to safeguard the interest of Indian enterprises.
Reliance Infra wins Rs. 2950 crore in arbitration against DMRC
The Delhi Airport Metro Express Private Limited, an arm of Reliance Infrastructure has been awarded Rs. 2950 crore in an arbitration settlement against DMRC.
Oil, gas production sharing pacts get CCEA approval
The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi, approved a policy for extending the term of over two dozen pre-NELP (New Exploration Licensing Policy) oil and gas Production Sharing Contracts (PSC).