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Cabinet decisions: Revised estimates for NIT approved and others

Cabinet decisions: Revised estimates for NIT approved and others The Union Cabinet yesterday approved to Revised Cost Estimates for es...

Cabinet decisions: Revised estimates for NIT approved and others

PIB

The Union Cabinet yesterday approved to Revised Cost Estimates for establishment of permanent campuses of new National Institutes of Technology, NITs, at a total cost of 4371.90 crore rupees for the period 2021- 2022. NITs were established in the year 2009 and started functioning from academic year 2010-2011 in their temporary campus with very limited space and infrastructure. These NITs will be fully functional from their permanent campuses by 31st March, 2022.

The Cabinet also approved the extension of tenure of the Commission constituted to examine the classification of other backward class sub-castes in the Central List. In New Delhi yesterday, Union Minister Prakash Javadekar said that under Article 340 of the Constitution, it has been decided to extend the tenure of the Commission by six months to 31 July.

Prime Minister Narendra Modi reviewed the progress of several projects on 22 January. Through the Pragati platform based on information communication technology, the Prime Minister discussed the delayed projects costing over twenty-four thousand crore rupees in nine states. These include ongoing projects in Odisha, Telangana, Maharashtra, Karnataka, Bihar, Kerala and Uttar Pradesh.

Important cabinet decisions

Fostering Entrepreneurship, Creating Job Opportunities 
  • Fund for Establishment of Permanent Campuses of New NITs
  • Revised Estimate Cost of ₹4371.90 crore till 2021-22
  • These NITs will be fully functional by 31st March 2022
  • Overall student capacity in these campuses will be 6320

Uniform Tax Laws to Benefit Traders 
  • Amendment in GST, VAT & Excise Duty of Dadra & Nagar Haveli and Daman & Diu
  • Will have common taxation authority relating to GST, VAT & State Excise for better service delivery
  • Daman to be headquarters of UT of Dadra & Nagar Haveli and Daman & Diu
  • Will reduce duplication of work & further improve administrative efficiency

Protecting Welfare of Employees, Special Package for HFL Employees
  • Hindustan Fluorocarbons Limited registered as sick company with accumulated losses of ₹62.81 crore & net worth of ₹ - 43.20 crore
  • Govt to provide interest free loan of  ₹77.20 crore to implement VRS/VSS & payment of outstanding salary & dues
  • Disposal of HFL land & other assets will enable repayment of interest free loan & redeployment of employees

Empowering OBCs & Other Marginalised Sections 
  • Extension of Tenure of Commission on Sub-categorization of OBC 
  • Commission’s tenure extended by six months i.e up to 31.7.2020
  • To study various Entries in the “Central List of OBCs” and make recommendations for corrections if any
  • Persons included in Central List of SEBCs* to benefit from reservation in Govt Jobs & Govt Educational Institutions

*Socially and Economically Backward Communities










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NewsWorldToday.IN: Cabinet decisions: Revised estimates for NIT approved and others
Cabinet decisions: Revised estimates for NIT approved and others
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