Cabinet Committee On Economic Affairs

  • Cabinet Committee on Economic Affairs clears rail lines in Jharkhand, Rajasthan 13-02-2014 12:09 AM

    The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the construction of two broad guage line between Pirpainti-Jasidih in Jharkhand and Ajmer and Sawai Madhopur via Tonk in Rajasthan. The line between Pirpainti-Jasidih situated in Mohanpur in Jharkhand will be constructed at a cost of Rs 915.96 crore. While...
  • Cabinet meets to decide on de-allocation of coal blocks 13-01-2014 01:57 PM

    New Delhi: The Cabinet Committee on Economic Affairs (CCEA) met on Monday to discuss the criteria for de-allocation of coal block licences in the coalgate scam. The meeting comes in wake of the Central Bureau of Investigation producing a fresh status report in the coal scam before Supreme Court on...
  • Government okays CCTV, panic buttons in public vehicles 02-01-2014 11:09 PM

    The government on Thursday approved the first project under the Nirbhaya fund, approving the installation of panic buttons, CCTV cameras and Global Positioning System (GPS) devices in public transport vehicles in 32 cities in India. The approval was given by the Cabinet Committee on Economic Affairs (CCEA) at its meeting...
  • Govt clears Rs 1,912 crore of road projects in Bihar, Gujarat 26-12-2013 11:45 PM

    The government on Thursday approved the widening of highways in Bihar and Gujarat at an estimated cost of Rs 1,912 crore. The Cabinet Committee on Economic Affairs (CCEA) cleared projects that include the four-laning of a highway stretch in the Buddhist tourist circuit in Bihar for Rs 1,408.85 crore and...
  • Cabinet nods to Jet-Etihad stake sale deal 03-10-2013 09:33 PM

    Paving the way for the biggest ever foreign investment in India's aviation sector, the Union Cabinet on Thursday cleared Jet Airways' proposed sale of 24 per cent equity to Abu Dhabi-based Etihad, days after the Rs 2,058 crore deal got regulatory clearances. "Yes, it has been cleared," said Civil Aviation...
  • ONGC to start drilling for shale gas in Gujarat next month 25-09-2013 05:58 PM

    New Delhi: A day after government allowed state-owned firms to extract shale oil and gas, Oil and Natural Gas Corp (ONGC) Wednesday said it plans to start drilling for the unconventional hydrocarbon resource in Gujarat next month. The Cabinet Committee on Economic Affairs (CCEA) on Tuesday allowed ONGC and Oil...
  • Cabinet nod for shale gas exploration on nomination basis 24-09-2013 09:09 PM

    New Delhi:The Cabinet Committee on Economic Affairs on Tuesday approved exploration and exploitation of shale gas and oil by national oil companies (NOCs) on acreages given on a nomination basis. "This policy will allow NOCs to carry out exploration and exploitation of unconventional hydro-carbon resources particularly shale gas and oil...
  • Moily says no rethink on gas price hike decision 11-07-2013 05:46 PM

    New Delhi: Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerappa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014. "There is no thinking on...
  • Oil Ministry approves Cairn, Vedanta deal 26-07-2011 05:31 PM

    New Delhi: More than three weeks after the Cabinet Committee on Economic Affairs gave conditional nod to the $ 9-billion Cairn-Vedanta deal, the Oil Ministry on Tuesday sent a formal letter to the companies informing of the decision. "The letter was collected by Cairn India representatives this afternoon," an oil...
  • Govt asks AI to make long-term plan for revamp 29-06-2011 06:03 PM

    New Delhi: Government is understood to have asked Air India to prepare a 8 to 10-year-plan of resource generation to revamp itself by implementing the turnaround and financial restructuring programme to the hilt. With a Group of Ministers (GoM) last week setting the ball rolling for effecting the turnaround, Air...