Important Cabinet Approvals September 12 2018

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the following important MoUs and programmes/initiatives. These are as follows:

India Brunei Darussalam Cooperation in the operation of Telemetry Tracking and Telecommand station for satellite and launch vehicles
Cooperation in the field of Space Research, Science and Applications 
India South Africa Cooperation in the exploration and uses of outer space for peaceful purposes 
India Egypt Cooperation in the field of agriculture & allied sectors.
India Malta Strengthening cooperation in the field of Tourism
  • Approved new Umbrella Scheme Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) to ensure remunerative prices to the farmers for their produce as announced in the Union Budget for 2018. 
  • Approved electrification of remaining unelectrified broad gauge (BG) routes of Indian Railways Upon completion of electrification of the proposed routes. It comprises of 108 sections covering 13,675 route kilometers (16,540 track kilometers) at a cost of Rs.12,134.50 crore. This electrification is likely to be completed by 2021-22.
  • Ex-post facto approval for the Memorandum of Understanding (MoU) on Collaborative Research on Distributed Ledger and Block chain Technology in the context of Development of digital economy by Export-Import Bank of India (Exim Bank) with the participating member banks, under the BRICS Interbank Cooperation Mechanism.
  • Introduction of Bill in Parliament for amendment of NID Act, 2014 to include the four new National Institutes of Design (NID) viz. Amaravati/Vijayawada, Andhra Pradesh; Bhopal, Madhya Pradesh; Jorhat, Assam and Kurukshetra, Haryana within the ambit of the National Institute of Design Act, 2014 and to declare them as Institutions of National Importance (INIs) at par with the National Institute of Design, Ahmedabad.
  • Revise / fix the price of ethanol derived from B heavy molasses / partial sugarcane juice and fix a higher price for 100% sugarcane juice based ethanol for the forthcoming sugar season 2018-19 during ethanol supply year from 1st December 2018 to 30th November 2019 
  • Continuation of the Capacity Development Scheme for the period 2017-18 to 2019-20 with an outlay of Rs 2,250 crore.
  • Policy framework to promote and incentivize Enhanced Recovery (ER)/ Improved Recovery (IR)/ Unconventional Hydrocarbon (UHC) production Methods/techniques to improve recovery factor of existing hydrocarbons reserves for augmenting domestic production of oil and gas. 

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