Cabinet approves funds to Jammu & Kashmir under DAY - NRLM without linking it with poverty ratio
• The Union Cabinet approved the extension of timeline for implementation of the Special Package under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) for Jammu & Kashmir for another period of one year during 2018-19.
• The Cabinet also approved allocation of funds to the State under DAY-NRLM on a need basis for implementation of the Special Package without linking it with poverty ratio.
• There is no additional financial implication as the approval is to extend the time line to cover two thirds of the vulnerable households in the State within in the originally approved financial outlay of Rs 755.32 crore.
• An amount of Rs 143.604 crore will be required for the period of one year during 2018-19.
• This will help in covering all the vulnerable rural households in the State within a definite time frame.
• It will also ensure coverage of all the blocks in Jammu & Kashmir under DAY-NRLM and ensure social inclusion, social development, promotion of livelihoods leading to poverty alleviation in the State.
CCEA approves equity infusion of RCF in Talcher Fertilizers Ltd.
• The Cabinet Committee on Economic Affairs approved the proposal of the Department of Fertilizers for equity investment of Rs 1033.54 crore for setting up a Coal Gasification based fertilizer project in Talcher Fertilizer Ltd (TFL) by Rashtriya Chemicals & Fertilizers Limited (RCF).
• The revival of the Talcher project will ensure huge investment in the fertilizer sector from the Government through PSUs.
• This will create job opportunities and also boost the economy of the State and the eastern region.
• The revival of the fertilizer unit will also ensure increase in indigenous production of urea leading to greater self-reliance in urea.
• TFL, a Joint Venture company of GAIL, RCF, CIL and FCIL was incorporated in November 2015 to revive the Talcher Fertilizer Plant.
• TFL was formed to set up a coal gasification based fertilizer project at Talcher, District Angul, Odisha.
CCEA approves enhancement of Honorarium to Anganwadi Workers and Anganwadi Helpers
• The Cabinet Committee on Economic Affairs approved enhancement of honorarium to Anganwadi Workers/Anganwadi Helpers (AWWs/AWHs) and performance linked incentive to AWHs under the Integrated Child Development Services (ICDS) Scheme with a total cost of Rs 10649.41 crore for the period from October 2018 to March 2020.
• Nearly 27 lakh AWWs/AWHs will be benefitted by the approval.
• Anganwadi Services (Umbrella ICDS) is a universal scheme and beneficiaries are spread all over the country at village level.
• The enhanced rate of honorarium and performance linked incentive would be effective from October 1, 2018.
CCEA approves construction of new line between Budni to Indore (Mangaliyagaon)
• The Cabinet Committee on Economic Affairs approved to construct new line between Budni to Indore (Mangaliyagaon) with approximate length of 205.5 Km.
• The total estimated cost of this project is Rs 3261.82 crore.
• The main purpose of this project is the development of backward area and reduction in travel time from Indore to Jabalpur as well as from Indore to Mumbai and towards southern side, as this will reduce distance by 68 Kms.
• It will provide better transport facilities for public and industries in this area.
• It will also help in generating employment opportunities in the project area.
• The project will generate direct employment during construction for about 49.32 Lakhs man-days.
• 10 New crossing stations and 7 new halt stations are proposed to be constructed enroute.
• The new line will serve Sehore, Dewas and Indore districts and will provide direct link from Budni to Indore bypassing the congested route of Bhopal-Itarsi including Ghat section from Budni to Berkheda.
CCEA approves revised cost estimate of Dam rehabilitation and Improvement Project
• The Cabinet Committee on Economic Affairs approved the revised cost estimate of Dam Rehabilitation and Improvement Project (DRIP) at the revised cost of Rs 3466 crore with the financial assistance of the World Bank.
• It aims to improve safety and operational performance of 198 Dams, along with institutional strengthening with system wide management approach.
• Out of Rs 3466 crore, Rs 2628 crore will be funded by the World Bank and Rs 747 crore will be funded by DRIP States / Implementing Agencies (IAs) and balance Rs 91 crore will be funded by Central Water Commission (CWC).
• The CCEA also gave its ex-post facto approval for two-year time extension from July 1, 2018 to June 30, 2020
• The project will improve the safety and operational performance of selected existing dams and mitigate risks to ensure safety of downstream population and property.
• The primary beneficiaries are both urban and rural communities dependent on reservoir and downstream communities, who are prone to risk associated with dam failure or operational failure.
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