Sanand (Gujarat), March 29 (IANS) Sanand’s rapid transformation from an automobile manufacturing centre into a key node in India’s semiconductor ambitions is set to advance further with Prime Minister Narendra Modi scheduled to inaugurate an outsourced semiconductor assembly and test (OSAT) facility by Kaynes Semicon on March 31.The facility, being established at a cost of Rs 3,300 crore, was approved by the Union Cabinet on September 23, 2024, under the National Semiconductor Mission.Locate…
Latest Union Cabinet News & Updates
New Delhi, March 28 (IANS) An Informal Group of Ministers (IGoM), comprising several senior members of the Union Cabinet, convened a meeting on Saturday to assess potential risks to India’s energy security, supply of essential commodities, and the resilience of critical infrastructure in light of the escalating conflict in West Asia.The meeting reflected the government’s growing concern over the ripple effects of regional instability on India’s domestic supply chains and economic stability…
New Delhi, March 26 (IANS) All retail outlets are operating normally with sufficient petrol and diesel stocks to meet national demand, according to the government, while a rapid rollout of PNG connections is currently underway across the country.All refineries are operating at a high capacity with adequate crude inventories. While panic buying did occur in some areas due to rumours, the government has confirmed that all retail outlets are operating normally.Moreover, the government is maintainin…
New Delhi, March 25 (IANS) In a key step towards meeting its climate goals, the government on Wednesday approved Nationally Determined Contribution (NDC) for the period 2031 to 2035, as the country commits to reduce emissions intensity of its GDP by 47 per cent by 2035 from 2005 level.The decision taken by the Union Cabinet, under the chairmanship of Prime Minister Narendra Modi, enhances the country’s ambition under the United Nations Framework Convention on Climate Change (UNFCCC) and its Pa…
New Delhi, March 25 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the Immigration, Visa, Foreigners Registration and Tracking (IVFRT) Scheme beyond March 31, 2026 for a period of five years — from April 1, 2026 to March 31, 2031 — with a budget outlay of Rs 1,800 crore.The IVFRT platform seeks to interlink and optimise functions related to immigration, visa issuance and registration of foreigners in India. The core objective of the…
New Delhi, March 23 (IANS) Finance Minister Nirmala Sitharaman is set to table two key bills — the Finance Bill, 2026 and the Corporate Laws (Amendment) Bill, 2026 — in the Parliament on Monday.The Finance Bill, 2026 aims to give effect to the financial proposals of the Central Government for the 2026–2027 fiscal year. Finance Minister will move for the bill’s consideration and seek its passage.This will mark a key step in implementing the government’s budgetary plans and economic poli…
New Delhi, March 20 (IANS) The plug‑and‑play industrial development under the Bharat Audyogik Vikas Yojna (BHAVYA) could raise the share of manufacturing in India’s GDP to 25 per cent by 2032, experts said on Friday.ASSOCHAM President Nirmal K. Minda praised the BHAVYA model calling it a historic breakthrough in India’s manufacturing sector adding that a seamless, end-to-end ease-of-doing-business model, from approvals to operations, will meet the aspirations of New India and contribute to…
New Delhi, March 20 (IANS) The Ministry of Heavy Industries has issued a Request for Proposal (RFP) to select beneficiaries to set up integrated sintered NdFeB Rare Earth Permanent Magnet (REPM) manufacturing facilities under the Rs 7,280-crore scheme, it was announced on Friday.The manufacturing facilities will have a total capacity of 6,000 Metric Tonnes Per Annum (MTPA) under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet, according to the statement.The scheme, ap…
New Delhi, March 18 (IANS) Calling it a “big boost to India’s manufacturing push”, Prime Minister Narendra Modi on Wednesday said the Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a major initiative to develop 100 plug-and-play industrial parks across the country. The scheme is aimed at strengthening industrial infrastructure, attracting fresh investments, and creating large-scale employment opportunities while improving ease of doing business through faster approval…
New Delhi, March 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA) with an allocation of Rs 33,660 crore for developing 100 plug-and-play industrial parks across the country — aimed at accelerating economic growth and creating more jobs.The scheme aims to develop world-class industrial infrastructure, unlocking the country’s manufacturing potential and driving India’s growth story, according to an official st…