New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the launch of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aimed at providing crucial financial support to businesses impacted by the ongoing West Asia crisis.Under the new phase of the scheme, the government will extend enhanced credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC).The scheme offers 100 per cent guarantee coverage for micro…
Latest Union Cabinet News & Updates
New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved an outlay of Rs 5,659.22 crore for the Mission for Cotton Productivity (2026–27 to 2030–31) aimed at addressing bottlenecks, declining growth, and quality concerns in India’s cotton sector.The mission aligns with the government’s 5F vision (Farm to Fibre to Factory to Fashion to Foreign). It focuses on enhancing cotton productivity through the development of high-yielding variety (HYV) see…
New Delhi, May 3 (IANS) The Centre is likely to approve a fresh package of financial incentives this month to boost coal gasification projects with an estimated outlay of over Rs 35,000 crore, according to reliable sources.The Cabinet proposal drawn up by the Ministry of Coal will scale up the earlier Rs 8,500 crore incentive programme approved in January 2024, which laid the foundation for coal gasification in India.The proposed scheme, to be taken up by the Union Cabinet, is aimed at accelerat…
New Delhi, April 26 (IANS) With an outlay of Rs 2,584.60 crore aimed at adding 1,500 MW of new capacity, the Small Hydro Power Development Scheme (2026-31) prioritises reliable, decentralised power generation, especially in challenging terrains where other renewable sources face limitations, an official fact-sheet said on Sunday.The small hydro power (SHP) scheme marks a decisive policy intervention by the government to harness the unique strengths of small hydropower in the country’s clean en…
Jaipur, April 23 (IANS) Acting on the directives of Chief Minister Bhajan Lal Sharma, the State government has approved a 2 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for state employees and pensioners. With this revision, the Dearness Allowance under the 7th Pay Commission has been increased from 58 per cent to 60 per cent, effective from January 1, 2026.The decision is expected to benefit approximately 7.02 lakh employees and 5.44 lakh pensioners across the st…
New Delhi, April 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Saturday approved a 2 per cent increase in Dearness Allowance (DA) for central government employees effective from January 1, 2026, providing an increase in their take‑home pay.The Cabinet okayed to release an additional instalment of DA to central government employees and Dearness Relief (DR) to pensioners, representing an increase of 2 per cent over the existing rate of 58 per cent of the basic pay/pens…
New Delhi, April 18 (IANS) Amid the West Asia crisis and geo-political tensions, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Saturday approved the proposal for creation of a domestic insurance pool with a sovereign guarantee of Rs 12,980 crore, to facilitate continuous maritime insurance coverages for Indian flagged or controlled vessels or vessels destined to or starting from India.The pool, called ‘Bharat Maritime Insurance Pool’ (BMI pool), ensures that Indian trade con…
New Delhi, April 13 (IANS) The government has accelerated the push for electric vehicles and strengthened domestic capabilities in critical minerals for clean energy technologies to reduce dependence on oil imports amid volatility in global prices and potential disruptions in supply chains due to the West Asia crisis, according to an official statement issued on Monday. Since the onset of the crisis, the Ministry of Heavy Industries has undertaken coordinated measures to sustain the growth of…
New Delhi, April 11 (IANS) MP Shashi Tharoor, on Saturday reiterated the party’s strong commitment to Women’s Reservation, stating that the Congress stands firmly with efforts to enhance women’s opportunities in political representation.In a post on X, Tharoor said, “I want to repeat that we are firmly committed to Women’s Reservation. In fact on my way in and out, I was approached by a delegation of @MahilaCongress colleagues expressing hope that their opportunities would soon be enha…
Bhopal, April 10 (IANS) Union Agriculture Minister Shivraj Singh Chouhan on Friday said the Centre will continue to shield farmers from rising global fertiliser prices and is rolling out a ‘Farmer ID’ system to ensure transparent distribution and prevent diversion.Addressing a press conference at his residence here, Chouhan said that despite an increase in international raw material costs, the government has decided to keep fertilizer prices unchanged for farmers.“A bag of urea will contin…