Top Cabinet Approvals: 29 March 2018

Mar 29, 2018 16:24 IST
Top Cabinet Approvals: 29 March 2018

Cabinet approves MoU between India and Zambia in field of Judicial Cooperation

• The Union Cabinet approved the signing of the Memorandum of Understanding (MoU) between India and Zambia in the field of Judicial Cooperation.
• During recent years, social, cultural and commercial relations between India and Zambia have developed in the positive direction.
• This MoU will enhance good relations between the two countries and add new dimensions in the field of judicial reforms.

Cabinet approves MoU between India, UK and Northern Ireland

• The Union Cabinet approved signing of the Memorandum of Understanding (MoU) between India, United Kingdom and Northern Ireland regarding cooperation and Exchange of Information for the purposes of combating international criminality and tackling serious organised crime.
• India and UK already have an agreement concerning the investigation and prosecution of crime and the tracing, restraint and confiscation of the proceeds and instruments of crime and terrorist funds, which was signed in 1995.
• Both the countries desire to further strengthen cooperation in fighting international criminality and serious organized crime.

Cabinet approves MoU between India and South Asia Cooperative Environment Programme

• The Union Cabinet approved signing of Memorandum of Understanding (MoU) between India and South Asian Cooperative Environment Programme (SACEP) to combat the oil and chemical pollution in the South Asian Seas Region.
• The MoU intends to promote closer cooperation between India and other nations of South Asian seas region namely Bangladesh, Maldives, Pakistan and Sri Lanka for protection and preservation of marine environment.
• Indian Coast Guard (ICG) will be the Competent National Authority and national operational contact point for implementation of 'Regional Oil Spill Contingency Plan' under the MoU.

Cabinet approves re-structuring of National Skill Development Fund and National Skill Development Corporation


• The Union Cabinet approved the restructuring of National Skill Development Fund (NSDF) and National Skill Development Corporation (NSDC) to strengthen governance, implementation and monitoring framework.
• The restructuring will also ensure better corporate governance, transparency and accountability in operations of NSDC besides strengthening the oversight role of NSDF.  
• NSDC and NSDF were set up by the Ministry of Finance and were registered in July 2008 and January 2009 respectively for implementing coordinated action for skill development.

Cabinet approves MoU between India and Canada on IPRs

• The Union Cabinet approved the Memorandum of Understanding (MoU) between India and Canada, which was signed on February 23, 2018.
• The MoU aims to establish bilateral cooperation activities in the field of Intellectual Property (IP).
• The MoU is intended to promote innovation, creativity and economic growth in both countries.

Cabinet approves schemes of North Eastern Council including continuation of existing schemes

The Union Cabinet approved the following schemes for continuation till March, 2020 in North East Region:
• The Scheme of NEC - Special Development Project will be changed to be a Central Sector Scheme with 100 percent grant, instead of the earlier block grant on 90:10 basis.
• The North Eastern Road Sector Development Scheme - Programme Component will be implemented by NEC with 100 percent funding from centre.
• The Non Lapsable Central Pool of Resources-Central will also be transferred to NEC for implementation.
• Extension  of 100 percent centrally funded North Eastern Road Sector Development Scheme (NERSDS).

 

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CCEA approves continuation of Credit Guarantee Fund for Education Loans Scheme

• The Cabinet Committee on Economic Affairs approved the continuation of Credit Guarantee Fund for Education Loans Scheme and continuation and modification of Central Sector Interest Subsidy Scheme with a financial outlay of Rs 6600 crore for period from 2017-18 to 2019-20.
• This will provide education loans to 10 lakh students during this period.
• In order to allow more students to access the benefit, the ceiling on the loan amount has been refixed at Rs 7.5 lakhs and the moratorium period would be course period plus 1 year.  

CCEA approves export of all edible oils in bulk (except mustard oil)

• The Cabinet Committee on Economic Affairs approved the proposal of Ministry of Commerce & Industry for removal of prohibition on export of all varieties of edible oils except mustard oil.
• Mustard oil will continue to be exported only in consumer packs up to 5 Kgs and with a minimum export price of USD 900 per tonne.
• The CCEA also approved empowering the Committee to review the export/import policy on all varieties of edible oils and consider measures such as quantitative restrictions, prior registration, imposition of Minimum Export Price and changes in import duties.

CCEA approves enhancing the coverage of Pradhan Mantri Rojgar Protsahan Yojana

• The Cabinet Committee on Economic Affairs approved enhancing the scope of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY).
• The informal sector workers would get social safety net and there would be more job creation.
• Till now, the scheme has added about 31 Lakhs beneficiaries to the formal employment involving an expenditure of more than Rs 500 crore.

CCEA approves continuation, strengthening and establishment of Krishi Vigyan Kendras till 2019-20

• The Cabinet Committee on Economic Affairs approved the proposal of the Department of Agricultural Research and Education for continuation of 669 Krishi Vigyan Kendras(KVKs), 11 Agricultural Technology Application Research Institutes (ATARIs) up to 2019-20.
• The financial outlay for the KVK Scheme for 2017-20 will be of Rs 282400.72 lakh.
• KVKs would act as knowledge and resource centre in the field of agriculture and would build models of technology uptake and farmers' empowerment.

Cabinet approves continuation of Nutrient Based Subsidy and City Compost Scheme till 2019-20

• The Cabinet Committee on Economic Affairs approved the proposal of the Department of Fertilizers for continuation of Nutrient Based Subsidy (NBS)and City Compost Scheme beyond 12th  Five Year plan till 2019-20.   
• The total expenditure for continuation of both the schemes will be Rs 61,972 crore.
• The expenditure for the scheme will be on actual basis since national roll out of DBT involves 100 percent payment of subsidy to fertilizer companies.
• The continuation of the Nutrient Based Subsidy Scheme and City Compost Scheme will ensure that adequate quantity of P&K is made available to the farmers at statutory controlled price.

 

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