Cabinet Committee on Economic Affairs: News
13 Jul 2021
Narendra ModiModi 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.
21 Sep 2020
Narendra ModiGovernment announces MSP hike amid protests over farm bills
Amid intense protests over the controversial farm bills, the Union Cabinet has approved an increase in Minimum Support Price (MSP) for Rabi crops for the 2021-22 season, Agriculture Minister Narendra Singh Tomar said in the Lok Sabha, today.
06 Jun 2019
IndiaModi 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.
25 Oct 2018
Supreme Court Of IndiaIn 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.
12 Sep 2018
Narendra ModiCabinet 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.
12 Jun 2018
Central Bureau Of Investigation (CBI)Aircel-Maxis: Chidambaram summoned by ED for second round of questioning
Former Finance Minister P Chidambaram today reached the ED headquarters in Delhi for the second round of questioning in the Aircel-Maxis case.
05 Jun 2018
Central Bureau Of Investigation (CBI)Aircel-Maxis: No arrest for Chidambaram till July-10, but summons tomorrow
Five days after former finance minister P Chidambaram sought relief in the Aircel-Maxis case, a Delhi court today granted him protection from arrest till July 10.
22 May 2018
IndiaIndia'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.
19 May 2018
Narendra ModiJ&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.
10 Apr 2018
Narendra ModiPM 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.
29 Mar 2018
Narendra ModiModi-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.
28 Feb 2018
DelhiAir India to hire 500 more cabin-crew staff by May
Disinvestment-bound Air India plans to hire 500 cabin crew members as the national carrier prepares to induct more aircraft and meet new regulatory requirements.
24 Feb 2018
Jayant SinhaAir-India Sale: Government might sell it completely, shedding 100% stake
The Centre is mulling options for selling Air India completely, which include offloading 100% of its stake the debt-ridden national carrier.
21 Feb 2018
IndiaGovt. 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.
10 Jan 2018
Narendra ModiForeign 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.
04 Oct 2017
Supreme Court Of IndiaCBI: Karti tampered with evidence during visits abroad
The CBI has alleged in the SC that Karti Chidambaram, former FM P Chidambaram's son, has tampered with evidence related to an alleged corruption case by closing foreign bank accounts when he went abroad this year.
25 Sep 2017
Supreme Court Of IndiaED attaches Karti Chidambaram's assets worth Rs. 1.16 crore
The Enforcement Directorate (ED) has attached bank assets worth Rs. 1.16 crore belonging to Karti Chidambaram over the alleged money laundering in the Aircel-Maxis case.
15 Aug 2017
IndiaAir 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.
25 May 2017
IndiaFIPB 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.
14 May 2017
India"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.
12 May 2017
IndiaReliance 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.
17 Apr 2017
Supreme Court Of IndiaED sends notice to Karti Chidambaram for Forex violation
The Enforcement Directorate has issued a show-cause notice to M/s Advantage Strategic Consulting Private Limited and Karti Chidambaram for alleged forex violations of Rs. 45 crore during the sale of shares of a company to overseas investors.
03 Apr 2017
Supreme Court Of IndiaED submits report on Chidambaram's role in Aircel-Maxis case
The Enforcement Directorate has submitted its report on P Chidambaram's alleged violation of the Foreign Investment Promotion Board's rules in the Aircel-Maxis case.
24 Mar 2017
Narendra ModiOil, 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).
29 Oct 2016
NITI AayogCabinet approves sale of PSUs
Recommended by the Indian government's think tank NITI Aayog, the Centre has authorized the strategic sales of stakes in PSUs.
19 Oct 2016
NITI AayogCentre may clear stakes in 20 PSUs
On Wednesday, the cabinet will expectantly move forward with their plan to cut majority stakes in 20 Public Sector Undertakings.
29 Sep 2016
NITI AayogCentre approves 1st strategic PSU sale in 12 years
The centre approved a strategic sale of Bharat Pumps and Compressors Limited, 12 years after it sold Jessop & Co through the same route.
27 Sep 2016
NITI AayogCentre to shut down 15 sick PSUs
Nearly 15 loss-making government companies are set to see closure, after the government gave the go-ahead for shutting them down.