Cabinet Committee on Economic Affairs

Timelines
Modi creates two cabinet committees to focus on jobs, economic-growth

06 Jun 2019

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.

Cabinet okays plan to electrify 13,000 route kilometers of rail-tracks

12 Sep 2018

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

22 May 2018

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

19 May 2018

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

10 Apr 2018

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

29 Mar 2018

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.

Air India to hire 500 more cabin-crew staff by May

28 Feb 2018

Air 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.

Govt. allows commercial coal mining by private-sector, ending Coal-India monopoly

21 Feb 2018

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

10 Jan 2018

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

15 Aug 2017

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

25 May 2017

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

14 May 2017

"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

12 May 2017

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

24 Mar 2017

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).

Cabinet approves sale of PSUs

29 Oct 2016

Cabinet 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.

Centre may clear stakes in 20 PSUs

19 Oct 2016

Centre 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.

Centre approves 1st strategic PSU sale in 12 years

29 Sep 2016

Centre 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.

Centre to shut down 15 sick PSUs

27 Sep 2016

Centre 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.