Union Cabinet Approves Rs 76,000 Crore For Manufacturing Semiconductor Chips
The Union Cabinet, on December 15, approved Rs 76,000 crore for designing & manufacturing of semiconductor chips in India. Launched to enhance display manufacturing ecosystem, it will bring about a $5 trillion economy by 2025. The project will reportedly have effect on various sectors including electronics field. "In the next six years we will reach USD 300 billion in electronic and manufacturing," said Union Minister Anurag Thakur.
Tags: Union cabinet, Anurag Thakur, Electronics, Designing, Central Government
Courtesy: ANI
Union Cabinet Approves Bill To Repeal Three Farm Laws
The Union Cabinet approved the bill to repeal the three Farm Laws on November 24. In the upcoming Winter Parliament Session, the BJP government will clear the bill, withdrawing the laws. The decision came six day after PM Narendra Modi announced to repeal the laws on November 19. The Winter Session of Parliament Session is Scheduled to begin from November 29.
Tags: Three Farm Laws, Union cabinet, Modi Government , Repeal, winter session
Courtesy: United News of India
Cabinet Approves Model Tenancy Act To Overhaul Rental Housing
The Union Cabinet has approved the Model Tenancy Act, 2021 that aims to modify the legal framework of rental housing across India. Consisting 47 sections and two schedules, the act focuses upon securing the "interests and rights of both the landlord and tenant" by making tenancy agreement compulsory. The government, through this act, eyes to move towards fulfillment of PM Narendra Modi's vision of 'Housing for All' by 2022.
Tags: Tenants, Landlord, Union cabinet, Prime Minister
Courtesy: The Print
Cabinet Sanctions 5Kg Free Foodgrains To Poor For 2 Months Under PMGKAY
The Union on May 5 approved a retrospective order to distribute 5kgs free foodgrains to 79.88 crore PDS beneficiaries during May-June. Effective from May 1, the allocations will be made under the Pradhan Mantri Garib Kalyan Anna Yojana-III. Announced in 2020 the scheme aims to combat COVID impact on poor. The allocation to states will be decided by Food Ministry on the existing ratio under the National Food Security Act.
Tags: COVID-19 outbreak, Pradhan Mantri Garib Kalyan Yojana, Union cabinet, Food security
Courtesy: The Economic Times
Cabinet Accedes Puducherry L-G's Proposal To Impose President's Rule
Yielding to Puducherry's current Lieutenant General Tamilisai Soundarajan's recommendation, the Union Cabinet has agreed to impose President's rule in the union territory. Tamilisai's proposal arrived following the back-to-back political developments in the UT, including the Congress-led government's collapse during a trust vote and CM V Narayanasamy's consequent resignation. Meanwhile, Union Minister Prakash Javadekar has informed that the… read-more
Tags: Puducherry, Union cabinet, President's rule, Tamilisai Soundarajan, V Narayanasamy, Prakash Javadekar
Courtesy: News 18
Govt Approves To Procure 83 LCA Tejas Fighter-Jet Worth Rs 45,696 Cr
The PM headed Cabinet Committee on Security approved the procurement of 73 LCA Tejas Mk-1A fighter aircraft and 10 trainer aircraft at the cost of Rs 45,696 crore on January 13. Equipped with critical operational capabilities, the fighter-jet is an indigenously designed, developed, and manufactured fighter aircraft. Touted as game-changer, the 4th-generation Light Combat Aircraft would be equipped with Active Electronically-Scanned Array… read-more
Tags: LCA Tejas Mk-1A, Fighter Aircraft, Union cabinet, Trainer aircraft, Air Force, Defence Minister Rajnath Singh
Courtesy: NDTV
Rs 22,810 Crore Released By Cabinet Under Atmanirbhar Rojgar Yojana
The Union government has released Rs 22,810 crore tranche under the Atmanirbhar Bharat Rojgar Yojana to create new job opportunities. Labour Minister Santosh Gangwar has said that the government, under this scheme, plans to bear the employee and employer contributions to the retirement fund on new hirings by businesses and organizations. Reportedly, the government will require the aforementioned amount till 2023 and will help nearly 58.5 lakh… read-more
Tags: Atmanirbhar Bharat Rojgar Yojana, Union cabinet, Employment, Retirement fund
Courtesy: Hindustan Times
Centre To Launch Public Wi-Fi Service PM-WANI Across Country
To improve data connectivity across the country by offering public Wi-Fi service, the cabinet has assented for PM-Wi-fi Access Network Interface aka PM-WANI on December 9. IT Minister Ravi Shankar Prasad said, "There will be no licence, fee or registration for it." It has also permitted businesses to avail services from private Internet Service Providers. Moreover, the cabinet has planned to open one crore public data centres across the… read-more
Tags: wifi, Union cabinet, Data Centers
Courtesy: Livemint