Important Cabinet Approvals on October 3, 2018

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between India with several nations as well as approved various programs and projects in India. These include:

Country Purpose
Russia Bilateral Cooperation in the Road Transport and Road Industry
Russia Promote cooperation between the Small & Medium Enterprises (SMEs) of the two countries. MoU was signed between National Small Industries Corporation Ltd. (NSIC), India and JSC-Russian Small & Medium Business Corporation (RSMB Corporation), Russia
Singapore Ex-post facto approval to the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA) to enhance bilateral trade
  • Cabinet has approved redevelopment of Railway Stations. Indian Railway Stations Development Corporation Limited (IRSDC) will be the Nodal Agency and main Project Development Agency of this program.
  • With a partial modification of the earlier decision taken on 16.05.2018, the cabinet has approved the establishment of National Institute of Mental Health Rehabilitation(NIMHR) in Sehore District (Bhopal-Sehore highway) instead of Bhopal in Madhya Pradesh. 
  • Approved to provide financial package of Rs. 469.41 crore for the Revival and Mill Development Plan (RMDP) of Nepa Limited, a public sector newsprint company located in Nepanagar, Madhya Pradesh.  
  • Approved the increase in the Minimum Support Prices (MSPs) for all Rabi crops for 2018-19 to be marketed in 2019-20 season to increase farmers income. 

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