Cabinet Committee On Economic Affairs | Corporate Law Reporter

Review of the policy on Foreign Direct Investment (FDI)-Caps and routes in various sectors

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Press Note No. 6 (2013 Series) Subject : Review of the policy on Foreign Direct Investment (FDI)-Caps and routes in various sectors 1.0 The Government has reviewed the Foreign Direct Investment (FDI) caps and/or routes in various sectors, as contained in paragraph… Read More

Tags: Cabinet Committee on Economic Affairs, CCS, FDI, foreign direct investment, Foreign Investment Promotion Board, Government, Government of India, India

CCEA Approves proposal for Food Processing industries

Continuing scheme of Technology Upgradation/ Establishment/ Modernization of Food Processing Industries during the 12th Plan (2013-17) for meeting the committed liabilities of 12th Plan The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Food Processing Industries for continuing the Scheme of Technology Upgradation/ Establishment/ Modernization of Food Processing Industries during… Read More

Tags: Business, Cabinet Committee on Economic Affairs, Food processing, Lisp, Ministry of Food Processing Industries, NMFP, Programming, Scheme

CCEA approves Huge Infra investments for BSF

The Cabinet Committee on Economic Affairs has approved the proposal for infrastructure development at various establishments of the Border Security Force (BSF) under the 12th Five Year Plan at a total estimated cost of Rs.3664.61 crore. This includes construction of 111 Barracks, 10300 residential quarters, about 210 office buildings and two composite hospitals. The approval… Read More

Tags: Barracks, Border Security Force, BSF, Cabinet Committee on Economic Affairs, India, Infrastructure, Kashmir, Srinagar

CCEA approves fixation of price for domestic natural gas

Fixation of price of domestic natural gas according to Rangarajan Committee recommendations on Production Sharing Contract (PSC) mechanism in petroleum industry The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for fixation of price of domestic natural gas according to the recommendations of the committee constituted under the Chairmanship of Dr. C. Rangarajan… Read More

Tags: C. Rangarajan, Cabinet Committee on Economic Affairs, CCEA, Henry Hub, India, Natural gas, Natural gas prices, New Exploration Licensing Policy

CCEA approves proposal for national network of labs for managing epidemics and natural calamities

The Cabinet Committee on Economic Affairs (CCEA) today approved the proposal of the Department of Health Research under the Ministry of Health and Family Welfare for the setting up of 10 regional labs, 30 State level labs and 120 medical college level labs under the scheme for establishing a network of laboratories for managing epidemics… Read More

Tags: Biosafety level, Cabinet Committee on Economic Affairs, Health Ministry, India, Jammu and Kashmir, National Climatic Data Center, NCDC, New Delhi, Sikkim

CCEA approves Multi-Disciplinary Research Units (MDRUs) in 80 government medical colleges

Establishment/Strengthening of multi-disciplinary research units in government medical colleges during the 12th Plan period The Cabinet Committee on Economic Affairs (CCEA) today approved the proposal of the Department of Health Research in the Ministry of Health and Family Welfare for the setting up of Multi-Disciplinary Research Units (MDRUs) in 80 government medical colleges at an… Read More

Tags: Cabinet Committee on Economic Affairs, Cost, Council for the Curriculum Examinations & Assessment, India, Medical college, Research, Rupee, State Government

CLR Snippets | Yes Bank Limited to increase foreign equity participation upto 60 percent

Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors The Cabinet Committee on Economic Affairs today gave its approval to the proposal of Yes Bank Limited… Read More

Tags: Cabinet Committee on Economic Affairs, FIPB, foreign direct investment, Foreign Investment Promotion Board, Global depository receipt, QIP, Qualified institutional placement, Yes Bank

CCEA approves continuation of National Mission on Food Processing

The Cabinet Committee on Economic Affairs today approved the continuation of the National Mission on Food Processing (NMFP) for the remainder of 12th Five Year Plan (2013-17) based on detailed proposals submitted by the Ministry of Food Processing Industries (MOFPI). The NMFP outlay for 2012-17 has been kept at Rs. 1,600 crore consisting of Rs.… Read More

Tags: Cabinet Committee on Economic Affairs, Five-year plans of the People's Republic of China, Food processing, Government of India, Ministry of Food Processing Industries, Rupee, State Government, United States

Continuation of the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in XII / XIII Plan

The Cabinet Committee on Economic Affairs today approved the proposal for the continuing the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in the XII Plan with minor changes to complete the ongoing / in pipeline projects so as to meet the objective and scope of the XI Plan R-APDRP. There is no change in… Read More

Tags: Asia, Cabinet Committee on Economic Affairs, Financial institution, Government of India, India, R-APDRP, Restructured Accelerated Power Development, Rupee

CCEA Approves Upgradation of Vizag Port

The Cabinet Committee on Economic Affairs has approved the project for upgradation of existing facility and creation of a new facility at Visakhapatnam Port Trust for iron ore handling in two phases on Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost of Rs. 845.41 crore. The project will be taken up… Read More

Tags: Cabinet Committee on Economic Affairs, DBFOT, Iron ore, PPP, Private Public Partnership, Publicâ€“private partnership, Purchasing power parity, Visakhapatnam Port

Proposal for extension of completion date of NATRiP project

The Cabinet Committee on Economic Affairs (CCEA) today approved the extension of the date of completion of the project by two years beyond 31st December, 2012 to 31st December, 2014. The National Automotive Testing and R&D Infrastructure Project (NATRiP) was approved by the CCEA on 25th July, 2005 with a total investment of Rs.1718 crore,… Read More

Tags: Ahmednagar, Automotive Research Association of India, Cabinet Committee on Economic Affairs, CCEA, India, Manesar, Pune, Silchar

FDI Proposals Approved by the Government

Further to para 8 of the Press Release dated March 25, 2013, wherein it was stated that decision of the 6 (Six) proposals will be communicated separately, the Central Government has approved two (2)Proposals of Foreign Direct Investment (FDI) amounting to Rs. 89.33 crore approximately. In addition, one proposal viz., M/s Yes Bank Limited, Mumbai amounting to Rs. 2650.00 crore, has been… Read More

Tags: Bangalore, Cabinet Committee on Economic Affairs, foreign direct investment, Foreign Investment Promotion Board, India, Joint venture, Mumbai, Yes Bank

Sugar Decontrol Approved by the Cabinet Committee

Sugar Decontrol Approved by CCEA The CCEA in its meeting on April 4, 2013 has approved the following proposals: The Regulated Release Mechanism of sugar by will be dispensed with immediately. The decision will provide timely payment of cane price to farmers. However, PDS consumers will continue to get sugar at the existing rates. Obligation… Read More

Tags: Business, Cabinet Committee on Economic Affairs, CCEA, PDS, Price, Public Distribution System, Rupee, Subsidy, Sugar, Sugar Decontrol