Union Cabinet Meeting Today Highlights: Key decisions announced by Modi government

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Updated: June 24, 2020 4:48:03 pm

Cabinet Briefing News Updates: The Modi government has approved the extension of tenure of the Commission constituted to examine the issue of sub-categorization within OBC by 6 months.

Union Cabinet grants extension to OBC Commission by 6 months. (File pic)

PM Modi Cabinet meeting Briefing Today: The Union Cabinet on Wednesday promulgated an ordinance to bring government banks including including 1482 urban cooperative banks and 58 multi-state cooperative banks under supervisory powers of Reserve Bank of India (RBI). Addressing the media,Union minister Prakash Javadekar said that the RBI’s powers as they apply to scheduled banks will apply for cooperative banks as well. He also said that the Union Cabinet has approved 2% interest subvention to Shishu loan category borrowers under PM Mudra Yojna. The Union Cabinet, he said, also approved the extension of tenure of the Commission constituted under Article 340 of the constitution to examine the issue of sub-categorization within Other Backward Classes, by six months – upto January 31 next year. Union Minister of Fisheries, Animal Husbandry and Dairy, Giriraj Singh, said that Animal Husbandry Infrastructure Development Fund will be set up and the government will provide 3% interest subvention to eligible beneficiaries.

 

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Union Cabinet Meeting Briefing Today Latest News, PM Modi Cabinet

Highlights

    16:48 (IST)24 Jun 2020
    Kushinagar Airport declared as International Airport

    Prakash Javadekar said that the Cabinet has approved the proposal to declare Kushinagar Airport in Uttar Pradesh as an International Airport. Kushinagar is an important Buddhist pilgrimage site, where Gautama Buddha attained Mahaparinirvana. It is regarded as a very sacred Buddhist pilgrimage centre where Buddhists pilgrims from all over the world come for pilgrimage.

    15:42 (IST)24 Jun 2020
    IN-SPACe to promote private industries in space activities

    Jitendra Singh sais that the newly created Indian National Space Promotion and Authorization Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure. It will also hand-hold, promote and guide the private industries in space activities.

    15:39 (IST)24 Jun 2020
    Reforms in Space sector for private sector participation

    Union Minister Jitendra Singh said that the Cabinet has approved far reaching reforms in the Space sector aimed at boosting private sector participation in the entire range of space activities. "This will unlock India’s potential in space sector," he said.

    15:36 (IST)24 Jun 2020
    Animal Husbandry Infrastructure Development Fund to be set up

    Union Minister of Fisheries, Animal Husbandry and Dairy, Giriraj Singh, said that the Cabinet has approved establishment of Animal Husbandry Infrastructure Development Fund. The government will provide 3% interest subvention to eligible beneficiaries.

    15:36 (IST)24 Jun 2020
    Additional investment by ONGC Videsh approved

    The Union Cabinet on Wednesday also approved additional investment by ONGC Videsh Ltd. for development of blocks A-1 and A-3 Blocks of Myanmar.

    15:27 (IST)24 Jun 2020
    Commission to examine sub-categorisation within OBCs gets six-month extension

    Prakash Javadekar said that Union Cabinet has approved the extension of tenure of the Commission constituted under Article 340 of the constitution to examine the issue of sub-categorization within Other Backward Classes, by 6 months - upto January 31 next year.

    15:22 (IST)24 Jun 2020
    PM Mudra Yojna: 2% interest subvention to Shishu loan category borrowers

    Prakash Javadekar said that Union Cabinet has approved 2 per cent interest subvention to Shishu loan category borrowers under PM Mudra Yojna.

    15:16 (IST)24 Jun 2020
    Union Cabinet decision: Ordinance to bring banks under RBI's supervisory powers

    Prakash Javadekar said that an ordinance has been promulgated to bring government banks, including 1482 urban cooperative banks & 58 multi-state cooperative banks, under supervisory powers of Reserve Bank of India (RBI). He said that the RBI's powers as they apply to scheduled banks will apply for cooperative banks as well.

    15:13 (IST)24 Jun 2020
    Union Cabinet: Prakash Javadekar addresses media

    Union Minister Prakash Javadekar said that the government has built up good space assets and these are now in a way being opened for use by everyone.

    14:58 (IST)24 Jun 2020
    Union Cabinet Meeting Briefing shortly

    Union minister Prakash Javadekar will address the media shortly. He share information about the decisions taken during the Cabinet meeting which took place earlier today. Javadekar holds the I&B portfolio in the Modi government.

    14:51 (IST)24 Jun 2020
    PM Modi Cabinet meeting Live

    The Modi government's first phase of the three-phased unlocking plan throughout the country is ending on June 30. According to reports, the government is likely to release a fresh set of dos and don'ts for the second phase of unlock. During today's meeting, several important decisions are expected to be announced.

    14:48 (IST)24 Jun 2020
    Rajnath Singh not present at the Cabinet Meeting

    Defence Minister Rajnath Singh didn't attend the meeting of the Union Cabinet. Singh is currently in Russia. His visit to Russia comes in the midst of an escalating border standoff between India and China. Singh is the senior-most minister in the Union Cabine which is headed by PM Narendra Modi.

    14:45 (IST)24 Jun 2020
    Union Cabinet Meeting Agenda

    According to media reports, at today's Cabinet meeting, PM Modi is likely to discuss with his ministers the current situation arisen from the spread of the Coronavirus.

    14:43 (IST)24 Jun 2020
    Modi Cabinet Meeting Today

    Today's Union Cabinet meeting is the first such meet after the Centre announced unlock 1.0. The government provided considerable relaxationsto the people with regard to the resumption of economic activities in the country.

    14:41 (IST)24 Jun 2020
    Union Cabinet Meeting

    The previous meeting of the Union Cabinet was held on June 3. It was presided over by Prime Minister Narendra Modi at his residence. The Cabinet had approved the modalities for implementing Rs 50,000 crore equity infusion to support MSMEs. The decision was announced by FM Nirmala Sitharaman last month as part of the Atmanirbhar Bharat package.

    14:38 (IST)24 Jun 2020
    Cabinet Meeting Breifing: Prakash Javadekar to address media at 3 pm

    Union minister Prakash Javadekar will address the media at 3 pm to inform about the decisions taken during the Union Cabinet meeting. He holds the portfolios of the Ministry of Environment, Forest and Climate Change; Ministry of Information and Broadcasting; and Ministry of Heavy Industries and Public Enterprises. 

    14:35 (IST)24 Jun 2020
    Union Cabinet Meeting Live: PM Modi chairs key meet

    Prime Minister Narendra Modi on Wednesday chaired a key Union Cabinet meet. The meeting was attended by Cabinet ministers at his official residence 7, Lok Kalyan Marg.

    Union Cabinet Meeting Live, Cabinet meeting Briefing updates Prime Minister Narendra Modi. (File pic)The Prime Minister had chaired the last meeting of the Union Council of Ministers on June 3 at 7, Lok Kalyan Marg.
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