Union Cabinet has approved capital infusion of 632 crore rupees in some Regional Rural Banks to improve their capital to risk waited assets ratio. The Cabinet approved 50 percent share of the Central government and also decided to extend the scheme of capitalization of weak Regional Rural Banks by another two years.
An official release said that all State governments have not contributed their share of capital to these banks. Deputy Governor, RBI Dr. Chakraborty recommended infusion of 1 thousand 1 hundred crore rupees in 40 Regional Rural Banks. 50 percent amount was to be provided by the Centre, 15 percent by the concerned state, and 35 percent by the respective bank.
The Cabinet also approved setting up of an autonomous organization North-East centre for Technology Application and Reach at an estimated cost of 292 crore rupees. The Centre to be set up at Shillong will be completed in 12th Plan period.
The objective of the centre is to promote deployment of carefully selected technologies emanating from the public funded research institutions under the government.
Showing posts with label cabinet. Show all posts
Showing posts with label cabinet. Show all posts
24 march
CAbinet aprroved Following things:
Marriage law( amendment ) Bill seeking to give women a share in her husband property in case of divorce but quantum of share will be decided by court on case-by-case baiss.
2. aims at giving right to the adopted children on par with their biological offspring.
Bill was introduced in Rajys Shaba two year ago and was send to the standing committee.
3.centeal govenment annouce seven point increase int he Dearness allowance(DA) to its employees. New DA rate of 65 perecent of bsic pay against 58 percent earlier will be retrospectiveily from january 1, 2012. It will be benefit 50 percent employees.
Apprvoed recommendation for payment of ex-gratia to additional 9000 cases of Cancer and total Renal Failure amongst the Bhopal Gas Victims. An Amount of 134 crore Rupees has been approved for this purpose.
approved transfer of land at inner Ring Road, Kathipara Junction, Chennai to Chennai Metro Rail Ltd for the Chennai Metro Rail Project for an amount of 11.34 crore Rupees. The works for the Phase-I are expected to be completed within schedule timeframe i.e. by 2014-15.
The Cabinet Committee on Economic Affairs (CCEA) has approved the establishment of the Credit Risk Guarantee Fund Trust (CRGFT) for Low Income Housing. The CRGFT will have an initial corpus of 1200 crore Rupees of which 1000 crore Rupees is being contributed from the Centre and the remaining 200 core will come from the State Governments who draw on it, in accordance with their slum populations.
The CCEA has also approved modifications of the existing scheme for Reorganization and Restructuring of Teacher Education to fulfill the statutory obligations of the Government with regard to teacher preparation and teacher training under the Right of Children to Free and Compulsory Education (RTE) Act, 2009. Modification of the scheme is also critical in the context of the need for training requirements of teachers at the secondary level under the Rashtriya Madhyamik Shiksha Abhiyan.
The CCEA also approved the proposal of the Ministry of Food Processing Industries for further upscaling the scheme of cold chain, value addition and preservation infrastructure for food processing with an investment outlay of 231 crore Rupees to assist additional 30 cold chain projects in the country.
In another decision the CCEA today approved a proposal of Ministry of Urban Development for re-development of Kidwai Nagar (East) in Delhi for construction of residential accommodation for Government employees.
The Cabinet Committee on infrastructure today approved the implementation of development through four laning and operation of Zirakpur - Patiala section (50.7 km) of NH 64 in Punjab through public private partnership on design, build, finance, operate and transfer basis.
approved transfer of land at inner Ring Road, Kathipara Junction, Chennai to Chennai Metro Rail Ltd for the Chennai Metro Rail Project for an amount of 11.34 crore Rupees. The works for the Phase-I are expected to be completed within schedule timeframe i.e. by 2014-15.
The Cabinet Committee on Economic Affairs (CCEA) has approved the establishment of the Credit Risk Guarantee Fund Trust (CRGFT) for Low Income Housing. The CRGFT will have an initial corpus of 1200 crore Rupees of which 1000 crore Rupees is being contributed from the Centre and the remaining 200 core will come from the State Governments who draw on it, in accordance with their slum populations.
The CCEA has also approved modifications of the existing scheme for Reorganization and Restructuring of Teacher Education to fulfill the statutory obligations of the Government with regard to teacher preparation and teacher training under the Right of Children to Free and Compulsory Education (RTE) Act, 2009. Modification of the scheme is also critical in the context of the need for training requirements of teachers at the secondary level under the Rashtriya Madhyamik Shiksha Abhiyan.
The CCEA also approved the proposal of the Ministry of Food Processing Industries for further upscaling the scheme of cold chain, value addition and preservation infrastructure for food processing with an investment outlay of 231 crore Rupees to assist additional 30 cold chain projects in the country.
In another decision the CCEA today approved a proposal of Ministry of Urban Development for re-development of Kidwai Nagar (East) in Delhi for construction of residential accommodation for Government employees.
The Cabinet Committee on infrastructure today approved the implementation of development through four laning and operation of Zirakpur - Patiala section (50.7 km) of NH 64 in Punjab through public private partnership on design, build, finance, operate and transfer basis.
Labels: cabinet, CCEa RTE, central govenmnet
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