Narendra Modi Cabinet clears 5 pacts; All you want to know

By: | Published: March 6, 2017 10:02 PM

In a major exercise, PM Narendra Modi led Cabinet today evening cleared a number of pacts.

narendra modiThe flurry of activity was seen as soon as PM Narendra Modi finished his assembly election campaign in Varanasi where he spent 3 days and addressed a number of rallies. (PTI)

In a major exercise, PM Narendra Modi led Cabinet today evening cleared a number of pacts that includes Rs 4,500 crore project to revive 50 unserved and under-served airports, air strips, an MoU between India and Portugal on cooperation in the field of IT & E, MoU on Renewable Energy as well as Definitive Agreement on Oil Storage and Management between ISPRL, and ADNOC of UAE amongst others. The flurry of activity was seen as soon as PM Modi finished his assembly election campaign in Varanasi where he spent 3 days and addressed a number of rallies.

Highlights:
1. Cabinet approves Rs 4,500 crore project to revive 50 unserved and under-served airports, air strips.

2. Cabinet approves MoU between India and Portugal on cooperation in the field of IT & E and MoU on Renewable Energy.

3. Cabinet approves signing of Definitive Agreement on Oil Storage and Management between ISPRL, and ADNOC of UAE.

4. The government today approved the cadre reivew of Central Engineering Service (Roads) of the Road Transport and Highways Ministry.

5. The government today approved a pact between the National Productivity Council (NPC) and UAE’s Al Etihad Energy Services to provide various services in the field of energy management and conservation.

Check out the detailed reports below:

Cabinet okays pact on clean energy with Portugal
The Centre today approved a memorandum of understanding (MoU) on renewable energy signed with Portugal.

“The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for signing of a MoU on Renewable Energy between India and Portugal. The MoU was signed on January 6, 2017 in New Delhi,” an official statement said today.

The MoU will help strengthen bilateral cooperation between the countries, it said.

Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity.

The MoU envisages constitution of a Joint Working Group which can co-opt other members from Scientific Institutions, Research Centres, Universities, or any other entity, as and when considered essential.

Govt okays Rs 4,500 cr project to revive 50 airports, airstrips

The Cabinet today approved a proposal to revive 50 unserved and under-served airports as well as airstrips at an estimated cost of Rs 4,500 crore.

With the plan, the government is looking to enhance air connectivity to small cities and towns while the revival of such airports and airstrips would be “demand driven”.

The proposal was approved by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi.

“The total cost of the project is estimated to be Rs 4,500 crore. 15 airports/airstrips each would be revived during 2017-18 and 2018-19 each while 20 airports/airstrips would be revived during 2019-20,” an official release said.

As many as 50 unserved and under-served airports and airstrips of state governments, Airports Authority of India (AAI) and civil enclaves would be covered.

“Small cities/towns shall be connected on commencement of operation of flights to under-served/unserved airports.

“It will further boost the economic development in these areas as well as surrounding areas in terms of job creation and related infrastructure development,” the release said.

While noting that revival plan would be demand driven, the government said it would depend on firm commitment from airline operators as well as the state governments in terms of providing various concessions.

The unserved and under-served airports are to be developed “without insisting on financial viability”, the release said.

In the Union Budget, Finance Minister Arun Jaitley had announced plans for making adequate provisions for revival of unserved and under-served airports.

To make flying more affordable, the government has already unveiled the ambitious regional connectivity scheme UDAN (‘Ude Desh Ka Aam Naagrik’) under which fares are to be capped at Rs 2,500 for one-hour flights.

Cabinet approves pact with Al Etihad Energy Services

The government today approved a pact between the National Productivity Council (NPC) and UAE’s Al Etihad Energy Services to provide various services in the field of energy management and conservation.

The ex-post facto approval to the Memorandum of Understanding (MoU) was given by the Union Cabinet chaired by Prime Minister Narendra Modi here.

Under the MoU, the council will provide services, including energy assessment; training and certification of energy auditors; and demand side management, an official statement said.

“The MoU will enable NPC avail high value opportunities such as energy building and develop institutional mechanism in area of energy efficiency in Dubai and other Gulf Cooperation Council, (GCC) member countries,” it said.

It will provide recognition and exposure to further build NPC’s capacities and competencies in rapidly changing international business scenario, it added.

The pact will also help promote NPC in GCC member countries and will generate business for the council in the area of energy.

Further it said Al Etihad ES will also provide services to all the relevant projects on a case by case basis.

The services include customer support with UAE government and private owned organisations; all local support for field auditing professionals in the UAE; and all local support for training and certification of energy auditors in UAE.

Cabinet nod to cadre review of Central Eng Service (Road)

The government today approved the cadre reivew of Central Engineering Service (Roads) of the Road Transport and Highways Ministry.

“Union Cabinet chaired by Prime Minister Narendra Modi has approved the Cadre Review of Central Engineering Service(CES)(Roads) of the Ministry of Road Transport and Highways,” an official statement said today.

The proposal will be implemented immediately. There is an additional expenditure of Rs 1.8 crore per annum approximately involved in the above Cadre Review proposal, the government said.

As per the proposal there has been increase of 43 posts of CES and decrease of 28 posts at STS level.

The CES(Roads) Cadre was constituted in the year 1959. The first allocation of Group ‘A’ Technical post was fixed at 189 in 1976.

The last Cadre review of the service was carried out in the year 1987.

“Vacant posts of Mechanical Cadre will be utilised for filling up the same by Civil Engineers thereby merging the Mechanical Cadre with the Civil Cadre in a phased manner so that this shall not have any adverse impact on the present incumbents,” the government said.

Govt approves oil storage pact with ADNOC

The Cabinet today approved a pact on oil storage and management between Indian Strategic Petroleum Reserve (ISPRL) and Abu Dhabi National Oil Company (ADNOC) of UAE.

According to the agreement, ADNOC will fill up 0.81 MMT or 5,860,000 million barrels of crude oil at ISPRL storage facility at Mangalore, Karnataka.

The ex-post facto approval for signing of the definitive agreement was approved by the Cabinet chaired by Prime Minister Narendra Modi, an official statement said.

“Out of the crude stored, some part will be used for commercial purpose of ADNOC, while a major part will be purely for strategic purposes. The signing of the agreement will augment India’s energy security,” it said.

The investment by ADNOC is a major investment from the UAE under the High-Level Task Force on Investment (HLTFI) and the first investment by the Gulf nation in India in the energy sector.

 

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