Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Memorandum of Understanding (MoU) between India and the United Nations Entity of Gender Equality and the Empowerment of Women (UN-Women). The proposal seeks to provide technical support to the Ministry of Panchayati Raj in strengthening capacities of governance institutions including Panchayati Raj Institutions(PRIs) to better leverage opportunities created for gender equality through legislation, policies and programmes. Ministry of Panchayati Raj (MoPR) and UN-Women have worked in collaboration with each other to promote participation of women in Panchayati Raj Institutions (PRIs), to focus on building capacities…
Author: Aruna Sharma
(PTI) The people in the national capital will now be imparted training to enhance their employment opportunity under the smart city projects.New Delhi Municipal Council Smart City Ltd (NDMCSCL), a special purpose vehicle formed for executing the smart city plan of the NDMC, today signed an agreement with the National Skill Development Corporation (NSDC) in this regard. As per the MoU, NSDC will assist in setting up ‘Pradhan Mantri Kaushal Kendras’ for imparting skill training and skill upgradation in different crafts as per stipulated quality certification norms.Initially, four centres will be to be set up at Mandir Marg, Purana Qila…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for settlement of Legacy Food Cash Credit Accounts (upto crop season 2014-15) of Punjab Government for food procurement operations. This proposal of Department of Expenditure was approved by Prime Minister under Rule 12 of (Transaction of Business) Rules, 1961 on 02.01.2017. Early settlement of legacy issues will help the banks in disbursement of food credit in the larger interest of numerous farmers of the State and uninterrupted continuity in food procurement operations to ensure food security for the nation. Settlement of outstanding Cash…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for India’s accession to the Customs Convention on International Transport of Goods under cover of TIR Carnets (TIR Convention) and for completion of necessary procedures for ratification, for its entry into force. The Convention will help Indian traders to have access to fast, easy, reliable and hassle free international system for movement of goods by road or multi- modal means across the territories of other contracting parties. By joining the convention, the need for inspection of goods at intermediate borders as well as physical escorts…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) between India and Portugal on cooperation in the field of IT&E. The MoU was signed on January 6, 2017 in New Delhi. The MoU will help in developing a long term and sustainable cooperation on the basis of equality and mutual interest in the areas of IT&E in line with each country’s laws and regulations.
(PTI) Demonetisation impact on GDP may be seen in the current quarter in some segments, while the remonetisation excersise should be completed in 2-3 months, RBI Deputy Governor Viral V Acharya said on Monday.Asked if spillover of notes ban could extend to January-March quarter, Acharya said the impact could be felt in some segments. “Ultimately, the cash shortage is like the liquidity shock and unless it had led to a substantial wealth destruction one would expect its effects to be quite temporary. I’m not saying that the temporary impact is not hard on some parts of the economy, you would…
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the Revised Cost Estimate-I of 400 MW Koteshwar Hydro Electric Project (HEP) in Uttarakhand at an estimated completion cost of Rs.2,717.35 crore. The project is being implemented by Tehri Hydro Development Corporation (THDC) India Limited. In addition to additional generating capacity of 400 MW of peaking power it will regulate releases from Tehri Reservoir for irrigation and drinking water supply. The reservoir of Koteshwar HEP will also act as lower reservoir for under construction Tehri PSP (1000 MW). Background: The Project has already been…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of a Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal. The MoU was signed on 6th January, 2017 in New Delhi. The MoU will help in strengthening bilateral cooperation between the two countries. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The MoU envisages constitution of a Joint Working Group which can co-opt…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of the Definitive Agreement on Oil Storage and Management between Indian Strategic Petroleum Reserve Ltd (ISPRL) and Abu Dhabi National Oil Company (ADNOC) of UAE. According to the Agreement, the ADNOC will fill up 0.81 MMT or 5,860,000 million barrels of crude oil at ISPRL storage facility at Mangalore, Karnataka. Out of the crude stored, some part will be used for commercial purpose of ADNOC, while a major part will be purely for strategic purposes. The signing of the Agreement will…
(PTI) The State Bank of India (SBI) has decided to increase – by several times – the minimum balance required to maintain a savings account.The monthly average balance (MAB) requirement has been increased to as high as Rs 5,000 for branches in six metros. The minimum balance is expected to be raised from April 1. The move will hit 31 crore depositors, including pensioners and students.The benchmark for MAB and the penalties for not maintaining it are likely to be followed by other public sector banks. In the meanwhile, the government has asked SBI to reconsider it’s decision to raise…