Top Cabinet Approvals: 26 September 2018

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The Union Cabinet approved several proposal on 26th September they are :
1 . Increasing of government ownership in GSTN
2. Financial assistance worth Rs 825 Crore for twin projects to curb water logging in Punjab
3 . MoUs between India, Uzbekistan on cooperation in combating illicit trafficking in narcotics, drugs and psychotropic substances
4 . MoU between NITI Aayog, Russia’s Economic Development Ministry in the field of social, economic, industrial development programs….

Cabinet approved increasing of government ownership in GSTN :

The Union Cabinet has approved increasing of Government ownership in Goods and Services Tax Network (GSTN) and change in the existing structure with a transitional plan.The plan includes the acquisition of entire 51 per cent equity held by the non-government Institutions in GSTN equally by the centre and the state governments and to allow GSTN Board to initiate the process for acquisition of equity held by the private companies.

Cabinet approved financial assistance worth Rs 825 Crore for twin projects to curb water logging in Punjab :

The Union Cabinet has  approved providing central assistance worth Rs 620.42 crore and Rs 205.758 crore for implementation of relining of Rajasthan Feeder Canal and Sirhind Feeder Canal respectively over five years from 2018-19 to 2022-23.

Cabinet approved MoUs between India, Uzbekistan on cooperation in combating illicit trafficking in narcotics, drugs and psychotropic substances  :

The Union Cabinet chaired by Prime Minister Narendra Modi on September 26, 2018 approved the Memorandum of Understanding (MoU) signed between India and Uzbekistan on mutual cooperation in combating illicit trafficking in narcotics, drugs, psychotropic substances and precursors.

Cabinet approved MoU between NITI Aayog, Russia’s Economic Development Ministry in the field of social, economic, industrial development programs :

The Union Cabinet chaired by Prime Minister Narendra Modi has  given its approval for signing of a Memorandum of Understanding (MoU) between National Institute for Transforming India (NITI) Aayog, and Ministry of Economic Development of the Russian Federation (MEDRF) in the field of social, economic, industrial and regional development programs.

Cabinet approved MoU between ICAI and ICPAK :

The Union Cabinet chaired by Prime Minister Narendra Modi has  given its approval for signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants of Kenya (ICPAK). The agreement will help establish mutual co-operation and collaboration in the areas of knowledge sharing through joint research, quality support, capability and capacity building, trainee accountant exchange programmes and conducting Continuous Professional Development (CPD) courses, workshops and conferences.

Cabinet apprised of the MoU between India, South Korea for enhancing cooperation in applied science and industrial technology :

The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between India and South Korea on cooperation in Applied Science and Industrial Technology.