Friday, June 24, 2022
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Cabinet Committee on Economic Affairs

CPSEs to execute sale of units having Cabinet nod for privatisation: DIPAM

The boards of the state-owned companies will be required to submit proposals for the sale of their units or subsidiaries to DIPAM

Cabinet approves equity infusion of Rs 1,500 crore in IREDA

The Cabinet Committee on Economic Affairs (CCEA) has approved equity infusion of Rs 1,500 crore in Indian Renewable Energy Development Agency (IREDA)

Privatization: Govt successfully sells Central Electronics Ltd in second attempt

Cabinet Committee on Economic Affairs has approved the highest price bid of Nandal Finance and Leasing Pvt Ltd for the sale of 100% equity shareholding in Central Electronics Ltd (CEL)

Union Cabinet clears LIC disinvestment, read to know the quantum of stake sale

The Cabinet Committee on Economic Affairs (CCEA) has cleared the proposal of LIC disinvestment. The government aims to mop up Rs 1.75 lakh crore in the current fiscal from minority stake sale ie disinvestment and privatisation

Cabinet approves strategic disinvestment & transfer of management control in IDBI Bank

The CCEA, chaired by Prime Minister Narendra Modi, has given its in-principle approval for the strategic disinvestment, along with transfer of management control, of IDBI Bank Ltd

Cabinet approves revised cost for Transmission & distribution scheme in Arunachal Pradesh & Sikkim

The scheme for strengthening of transmission & distribution in Arunachal Pradesh and Sikkim is being implemented by Power Grid and is targeted to be commissioned in a phased manner by December 2021

Cabinet approves Rs 100 crore grant-in-aid for BVFCL for technological overhaul

The Cabinet Committee on Economic Affairs, chaired by Prime Minister, has approved Rs 100 crore grant-in-aid to Brahmaputra Valley Fertilizers Corporation Limited (BVFCL) to help sustain operations of its urea manufacturing units

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