Tag: CCEA
12 Results
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Government raises ethanol price by over Rs 5; move aims to reduce sugar surplus and fuel imports
Cabinet Committee on Economic Affairs has decided to increase the ex-mill price of ethanol derived fully from sugarcane juice at Rs 59.13 per litre for those mills that will divert their total sugarcane juice for ethanol production without producing any sugar
September 13, 2018 -
CCEA approves 100% electrification of railway tracks
After the completion of electrification on 20,000 km of tracks, about 78 per cent of the railway network would have been electrified, he said.
September 12, 2018 -
Commercial coal mining may cut import bill by Rs 30,000 cr
The decision to allow commercial coal mining will not just boost production but also help save Rs 30,000 crore of imports, through the substitution of imported non-coking coal with domestic production, says Crisil. The Cabinet Committee on Economic Affairs (CCEA) recently approved the methodology for auction of mines for sale of coal, under which the …
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March 6, 2018 -
MPLAD scheme to be extended
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday decided to continue the scheme of Members of Parliament Local Area Development Fund (MPLAD) till the end of the 14th Finance Commission, which concludes on 31 March 2020. The scheme would entail an annual allocation of Rs 3,950 crore and a total outlay of Rs 11,850 …
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January 11, 2018 -
Air India may renegotiate contracts with key vendors
The loss-making Air India is likely to relook into some existing key contracts with its suppliers, including aircraft lessors and engine makers, as it seeks to trim costs ahead of stake sale by the government. Air India chief Rajiv Bansal, who has been working on ways to improve the airline’s on time performance (OTP) and …
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October 22, 2017 -
Govt sets up mechanism to speed up strategic stake sale in CPSEs
In order to expedite the process of strategic disinvestment in central public sector enterprises (CPSEs), the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved setting up of an alternative mechanism. The alternative mechanism body will be chaired by Union Finance Minister Arun Jaitley with Minister for Road Transport and Highways …
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August 16, 2017 -
Cabinet nod for restructuring agro-food processing scheme
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the re-structuring of the Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (Sampada), said a cabinet communique. "The CCEA, chaired by Prime Minister Narendra Modi, has given approval for restructuring Sampada of the Ministry of Food Processing Industries under the new Central Sector Scheme …
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May 3, 2017 -
Govt to promote domestic gas, oil sector through purchase preference
In a bid to promote the ‘Make in India’ drive, the Union Government has announced increasing the target of domestic procurement by public sector companies working in the oil and gas sector. The decision was taken at a meeting of the Cabinet Committee of Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, which on …
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April 13, 2017 -
CCEA raises pulses buffer stock limit to 20 lakh tonne
In order to control fluctuation in pulses price, the Cabinet Committee on Economic Affairs (CCEA) has decided to raise the buffer stock limit. “The CCEA has decided to raise buffer stock of pulses to 20 lakh tonne from eight lakh tonne,” according to reports. “Buffer stock of pulses will be built through domestic procurement and …
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September 12, 2016 -
CCEA approves new railway routes on various busy sections
To cope with local demand and smoothen rail traffic, the Cabinet Committee on Economic Affairs on Wednesday gave approval to construction of a third line on several busiest railway routes, including Itarsi-Nagpur, Jhansi-Bina and Mathur-Jhansi sections. The CCEA meeting was chaired by Prime Minister Narendra Modi. The 280 km-long third line between Itarsi and Nagpur, …
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August 24, 2016 -
Clearing pending cases national challenge for judiciary: CJI
Chief Justice of India TS Thakur on Friday said that clearing the huge backlog of pending cases across the country was a national challenge for the judiciary. “It was an inexorable process as studies shows that instance of cases were directly related to literacy and prosperity. People now were quite literate and conscious of their …
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August 19, 2016 -
Rio 2016: Indian athletes to watch out for on day 5
Rio 2016: Indian athletes to watch out for on day 5
August 9, 2016