Tag: Cabinet Committee on Economic Affairs

Cabinet approves Rs 1,600 cr for India’s largest hydro-power project

The project is estimated to cost Rs 28,080.35 crore to build, and once completed, will generate 2880MW power.

July 18, 2019

Cabinet approves schemes to boost Skill India Mission

The Cabinet Committee on Economic Affairs on Wednesday approved two new World Bank-supported schemes of Rs 6,655 crore – Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). An official release said SANKALP is Rs 4,455 crore centrally sponsored scheme including Rs 3,300 crore loan support from …

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October 12, 2017

Cabinet clears six-laning of Chakeri-Allahabad highway

The Cabinet Committee on Economic Affairs (CCEA) on 28 June approved six-laning of Chakeri-Allahabad section of National Highway-2 (NH-2) in Uttar Pradesh. The approval came at a (CCEA) meeting, chaired by Prime Minister Narendra Modi.  The estimated cost of six-laning has been estimated at Rs.3,691 crore, which includes the cost of land acquisition, resettlement and …

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June 29, 2017

CCEA clears coal linkage policy for power sector

The Cabinet Committee on Economic Affairs (CCEA) on 16 May approved the new coal linkage policy-Shakti-for the power sector. The CCEA said that Shakti-Scheme for Harnessing and Allocating of Koyala (coal) Transparently in India-has been envisaged to make optimal allocation of coal across power units. According to CCEA, under the new policy, coal will be …

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May 18, 2017

Cabinet nod for pricing, marketing freedom in CBM gas

A Cabinet committee on Wednesday approved pricing and marketing freedom to producers of coal bed methane (CBM) gas and also allowed them to sell the fuel to affiliates. "The Cabinet Committee on Economic Affairs today (Wednesday) gave its approval for marketing and pricing freedom to the CBM contractors to sell the CBM at arm's length …

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March 15, 2017