As per the approval, the centre's share in the projects total cost will be Rs 5,281crore while the share of the Karnataka government will be R8,983 crore. "The balance amount of Rs 12,141 crore will be raised through senior debt," an official statement said.
BMRCL, a special purpose vehicle executing the project, is jointly owned by the Centre and Karnataka.
The Cabinet also gave its nod to a proposal making amendments to the Central List of Other Backward Classes (OBCs) in respect of 13 states (Andhra Pradesh, Bihar, Goa, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Maharashtra, Punjab, Tamil Nadu, Uttarakhand, Uttar Pradesh and West Bengal) and three union territories (Chandigarh, Delhi and Puducherry) by way of inclusion/correction/deletion of castes/communities, according to the advice received from the National Commission for Backward Classes (NCBC). The amendments will notify 115 changes recommended by NCBC.
The proposed changes will enable persons belonging to these castes/communities to avail the benefits of reservation in government services and posts as well as in central educational institutions, according to the existing policy.
To help Telecommunications Consultants India (TCIL) meet its short-term requirement of technical manpower, the Union Cabinet on Thursday allowed the company to fill up vacant posts by deputing Group A officers of the department of telecommunication (DoT) and other ministries having telecom or information technology background.
As per the decision, TCIL will be able to attract talent for a period of three years from October 1, 2013.
The Cabinet also approved the recommendations of a group of ministers (GoM) on uniformity of tenure, retirement age, re-appointment, pension, salary and allowances , among others, for the chairpersons/members of Tribunals and other quasi-judicial bodies set up through central legislations. "The recommendations of the GoM, as accepted by the Cabinet, will have prospective effect through an overarching legislation," a statement said.