1. PM Narendra Modi-led Cabinet clears 8 proposals: From new nuclear power reactors to agricultural research centre, here’s all you need to know

PM Narendra Modi-led Cabinet clears 8 proposals: From new nuclear power reactors to agricultural research centre, here’s all you need to know

Prime Minister Narendra Modi-led Cabinet Committee of Economic Affairs (CCEA) which met today cleared a number of major proposals.

By: | New Delhi | Updated: May 17, 2017 8:01 PM
The meeting was chaired by PM Narendra Modi. (AP)

Prime Minister Narendra Modi-led Cabinet Committee of Economic Affairs (CCEA) which met today cleared a number of major proposals. Among the projects cleared by the Cabinet include the proposal to build 10 indigenous Pressurised Heavy Water Reactors, which will help to improve the power generation of the country, a PTI report said. here are some of the other proposals cleared by the cabinet:

1) Proposal to build ten indigenous Pressurised Heavy Water Reactors, which will help to improve the power generation of the country

The Centre, in order to improve the nuclear power generation in the country, today gave its clearance for the proposal to build ten indigenous Pressurised Heavy Water Reactors. Speaking about the decision, Union Power Minister Piyush Goyal said that each reactor will have the capacity to produce 700 MW of electricity. “A total of 7000 MW capacity will be added. It will help produce clean energy,” he was quoted as saying by the PTI.

2) Proposal for new coal linkage policy

The cabinet cleared a new coal linkage police in order to ensure proper supply of the fuel to power plants through reverse auction, a PTI report said. As per the news agency, the policy will help producers ensure fuel supply in a proper manner. The initiatives of the Centre as also conditions in the international market have helped reduce the price of the dry fuel and increased domestic production.

3) Setting up of Indian Agricultural Research Institute in Assam

The Centre has decided to set up Indian Agricultural Research Institute (IARI) in Assam, a PTI report said. the institute will be built at over Rs 155 crore. According to the news agency, the decision has been taken to not only promote agri-education, but also to realise second green revolution in the northeastern part of the country.The first IARI was set up in the national capital in 1967.

4) Cabinet approves changes in law to fast-track removal of ministers, MPs and bureaucrats over-staying in government-allotted accommodations

The cabinet today cleared changes in a law to fast-track removal of MPs, ministers and bureaucrats who tend to overstay or are over-staying in government-allotted accommodations, an IANS report said.

Speaking to reporters, Union Power Minister Piyush Goyal said that such people, including “ministers, MPs and government officers”, take the benefit of law to extend their stay even after they no longer hold official positions. As per IANS report, the amendments aim to fast track their removal and those who overstay will also have to pay penalties.

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5) Cabinet gives clearance to maternity benefit programme

The cabinet today approved maternity benefit programme providing Rs 6,000 each to lactating mothers, but it has also restricted the scheme to firstborns only, a PTI report said.

“A pregnant or lactating woman having her first child will get up to Rs 6,000. Out of this, Rs 5,000 will be given by the women and child development ministry in three instalments,” Power Minister Piyush Goyal was quoted as saying at a cabinet briefing by PTI.

6) Three railway projects of 700 kms cleared

The cabinet cleared three railway projects of nearly 700 kms. These projects are Guntur-Guntakal rail line project, Manmad-Jalgaon rail project and Phephana-Indara and Mau-Shahganj rail line projects. While Guntur-Guntakal rail line project would cost Rs 4,201 crore, Manmad-Jalgaon rail project and Phephana-Indara and Mau-Shahganj rail line projects would cost Rs 1,198 crore and Rs 1,190.98 crore respectively, the minister was quoted as saying by IANS.

7) Pharma mission to develop bio pharmaceuticals cleared

The cabinet cleared a programme for developing of bio pharmaceuticals through industry-academia collaboration with an investment of Rs 1,500 crore by it for a period of five years. As per PTI, it will focus on the development of products like biotherapeutics, vaccines, medical devices and diagnostics, an official statement said.

8) Restructuring plan for Hindustan Organic Chemicals Limited cleared

The cabinet gave its nod for restructuring plan for loss-making Central Public Sector Enterprise Hindustan Organic Chemicals Ltd. (HOCL), a PTI report said. The company has been making been making losses since 2011-12, it said.

  1. s
    shapouri@hotmail
    May 19, 2017 at 9:01 pm
    India has to speed up its power policy and the building of the reactors is a step in the right direction.
    Reply

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