Category Archives: News

Pricing freedom for gas to be produced from Discoveries

By | March 10, 2016

Decision on Marketing including Pricing freedom for the gas to be produced from Discoveries in High Pressure-High Temperature, Deepwater and Ultra Deepwater Areas The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approveda proposal to grant marketing including pricing freedom for the gas produced from High Pressure High Temperature,… Read More »

India and Bahrain Cooperation for Prevention of Human Trafficking

By | March 10, 2016

Memorandum of Understanding between India and Bahrain on Cooperation for Prevention of Human Trafficking especially trafficking in Women and Children The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for a Memorandum of Understanding (MoU) between India and Bahrain on cooperation for prevention of human trafficking especially trafficking in… Read More »

MOU of India with UAE for Combating Cyber-Crime

By | March 10, 2016

Memorandum of Understanding signed between India and United Arab Emirates on Technical Cooperation in Cyber Space and Combating Cyber-Crime The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post approval for the Memorandum of Understanding (MoU) between India and United Arab Emirates (UAE) on Technical Cooperation in Cyber Space and… Read More »

Amendment to the Mines and Minerals (Development and Regulation) Act, 1957

By | March 10, 2016

Amendment to the Mines and Minerals (Development and Regulation) Act, 1957 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the amendment to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act, 1957). The amendment will allow transfer of captive mining leases not granted through auction.Transfer… Read More »

Govt to remove minimum capacity utilization criteria

By | March 10, 2016

Removal of the minimum capacity utilization criteria for SSP Manufacturing Units to be eligible for subsidy under Nutrient Based Subsidy (NBS) Scheme. In order to push major policy reforms in the fertilizer sector, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi today approved the proposal for removing the minimum capacity utilization criteria… Read More »

Hydrocarbon Exploration and Licensing Policy

By | March 10, 2016

Hydrocarbon Exploration and Licensing Policy (HELP) The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Hydrocarbon Exploration and Licensing Policy (HELP). Four main facets of this policy are: i) uniform license for exploration and production of all forms of hydrocarbon, ii) an open acreage policy, iii) easy to administer revenue sharing… Read More »

Free LPG connections to Women from BPL Households

By | March 10, 2016

Cabinet approves Pradhan Mantri Ujjwala Yojana – Scheme for Providing Free LPG connections to Women from BPL Households The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved Pradhan Mantri Ujjwala Yojana – Scheme for Providing Free LPG connections to Women from BPL Households. Under the scheme, Rs 8000… Read More »

Govt Steps to give boost to Petroleum and Hydrocarbon Sector

By | March 10, 2016

Major Policy initiatives to give a boost to Petroleum and Hydrocarbon Sector   In a major policy drive to give a boost to petroleum and hydrocarbon sector, the Government has unveiled a series of initiatives. The Union Cabinet and the Cabinet Committee on Economic Affairs in its meeting today has taken the following decisions –… Read More »

ISRO Developing Station in Vietnam

By | March 10, 2016

ISRO Developing Station in Vietnam As part of Space Cooperation between India and Association of South East Asian Nations (ASEAN), Indian Space Research Organisation (ISRO), at the behest of Government of India, is working towards the establishment of a Satellite Tracking & Data Reception Station and Data Processing Facility in Vietnam for ASEAN Member countries.… Read More »