Here are the key decisions taken in the cabinet meet today:
Prime Minister Narendra Modi on Wednesday called a crucial cabinet meeting to give a final nod to a number of pending decisions. A number of key decisions, including the passage of IIT (Public- Private Partnership) Bill, Dearness Allowance, and National Health Policy were cleared by the union cabinet. Here are the key decisions taken in the cabinet meet today:
1) IIT (Public- Private Partnership) Bill
The Indian Institute of Information Technology Public Private Partnership (IIIT-PPP) Bill, 2017 was passed by the Cabinet today to “grant statutory status to 15 IIITs set up under the PPP mode and declare them as Institutions of National Importance, to enable them to grant degrees to the students in the academic courses conducted by them”.
2) Special assistance for Andhra Pradesh in funding of Externally Aided Projects
3) Six laning of Handia-Varanasi section of NH-2 in Uttar Pradesh
In what can be seen as Prime Minister Narendra Modi’s apparent gift to Kashi, the Cabinet today cleared a Rs 2,147.33-crore project for widening of Handia-Varanasi stretch in Uttar Pradesh, the first highway project approved by the Centre in the state after BJP’s resounding victory in assembly polls. This project has been awarded under the government’s flagship road building programme – National Highways Development Project (NHDP) Phase-V. “The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for development of the six laning of Handia-Varanasi section of NH-2 in Uttar Pradesh,” the Ministry of Road.
5) Sale 24% of equity holding in Lubrizol India Private Limited
The CCEA has approved the sale of 24% of equity holding in Lubrizol India Private Limited by Indian Oil to Lubrizol Corporation USA.
6) Additional 2% Dearness Allowance
Narendra Modi-led Union Government has hiked dearness allowance for its about 50 lakh employees and 58 lakh pensioners by 2 per cent on Wednesday evening. The Dearness allowance and dearness relief are provided with an aim to neutralise the impact of inflation the earnings of central government employees. As per a PTI report, average CPI-IW to be taken into account for raising DA is seat at 4.95 per cent from January 1 to December 31, 2017. However, the government has already hiked the dearness allowance by 2 per cent in October last year from July 1, 2016, it will now raise it further by 2 per cent.
7) National Health Policy
Though an official confirmation is awaited, the National Health Policy has learnt to have been approved by Union cabinet, ANI reported.
8) Borders hats with Bangladesh
The Union Cabinet today approved revised MoU between India and Bangladesh for establishing border haats. “The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to the Revised Memorandum of Understanding (MoU) and Mode of Operation (MoO) between India and Bangladesh for establishing Border Haats on India-Bangladesh border,” an official statement said. According to the statement, border haats aim at promoting the well-being of the people dwelling in remote areas across the borders of two countries by promoting traditional system of marketing the local produce through local markets.