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MoU between the India and Bangladesh on the establishment of a framework of cooperation in the area of trade remedial measures

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its ex post facto approval to the Memorandum of Understanding (MoU) between the Director General of Trade Remedies, Republic of India and the Bangladesh Trade & Tariff Commission, People’s Republic of Bangladesh on the establishment of a framework of cooperation in the area of trade remedial measures signed on 27th March, 2021 at Dhaka. Objectives The primary objective of the MOU is to promote cooperation between the two countries in the area of Trade Remedies, covering the broad activities related to exchange of information, undertaking capacity building activities and activities in accordance with various provisions of World Trade Organization in the area of anti-dumping, countervailing and safeguard measures in bilateral trade between India and Bangladesh. The MOU seeks to foster better cooperation between the relevant authorities of both the countries so as to discourage unfair trade practices and promote rule based bilateral trading between the two countries.
Integrated Power Development Scheme

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to launch “Integrated Power Development Scheme” (IPDS) with the objectives of: 1. Strengthening of sub-transmission and distribution network in the urban areas; 2. Metering of distribution transformers /feeders / consumers in the urban areas. 3. IT enablement of distribution sector and strengthening of distribution network as per CCEA approval dated 21.06.2013 for completion of targets laid down under Restructured Accelerated Power Development and Reforms Programme (RAPDRP) for 12th and 13th Plans by carrying forward the approved outlay for RAPDRP to IPDS. The scheme will help in reduction in AT&C losses, establishment of IT enabled energy accounting / auditing system, improvement in billed energy based on metered consumption and improvement in collection efficiency. The estimated cost of the present scheme with the components of strengthening of sub-transmission and distribution networks, including metering of consumers in the urban areas is Rs. 32,612 crore which includes the requirement of budgetary support from Government of India of Rs. 25,354 crore over the entire implementation period. The component of IT enablement of distribution sector and strengthening of distribution network approved by CCEA in June, 2013 in the form of RAPDRP for 12th and 13th Plans will get subsumed in this scheme and CCEA-approved scheme outlay of Rs.44,011 crore including a budgetary support of Rs. 22,727 crore will be carried over to the new scheme of IPDS. The process of sanction of projects shall commence immediately. After sanction of projects, contracts for execution of projects are to be awarded by States Discoms / Power Departments. The projects shall be completed within 24 months from date of award.
Transfer of 21.93 acre of land belonging to the Central Tobacco Research Institute

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today gave its approval for transfer of 21.93 acre of land belonging to the Central Tobacco Research Institute (CTRI), Rajahmundry to the Acharya N.G. Ranga Agricultural University, Hyderabad on a long lease basis for a period of 50 years for establishment of an Agriculture College at Rajahmundry. Background:- The Acharya N.G. Ranga Agricultural University had established a new agriculture college at Rajahmundry in East Godavari district during the academic year 2008-09 to train agricultural graduates for acquiring advanced agricultural knowledge associated with Godavari Delta. At present, the agricultural college is temporarily running from rented accommodation of local Arts and Science College (SKVT College). After transfer of the land, the college would be able to develop its own permanent campus. Establishment of a new agriculture college at Rajahmundry would certainly go a long way in development of agricultural research and education in Godavari delta and also help the Indian Council of Agricultural Research (ICAR) to fulfill one of its mandates including education research and extension.
India’s First Semi High Speed Train, “Vande Bharat Express  -; to be flagged off by PM tomorrow

New Delhi-Varanasi train journey to be covered in just 8 hours Train will Run on all days Except Mondays and Thursdays Speed, Scale and Service-Hallmarks of Vande Bharat Express A Make-in-India Success Story The ‘Make in India’ effort of Indian Railways has culminated into India’s first Semi High Speed Train, “Vande Bharat Express”. Prime Minister Narendra Modi will flag off the maiden run of the train on New Delhi-Kanpur-Allahabad-Varanasi route train tomorrow morning from the New Delhi Railway Station. He will inspect the facilities in the train and address a gathering on this occasion. Union Minister of Railways and Coal, Shri Piyush Goyal will lead the team of officials and media persons aboard the train on its inaugural run tomorrow. It will stop at Kanpur and Allahabad where it will be received by dignitaries and the people. Vande Bharat Express can run up to a maximum speed of 160 kmph and has travel classes like Shatabdi Train but with better facilities. It aims to provide a totally new travel experience to passengers. The Train will cover the distance between New Delhi and Varanasi in 8 hours and will run on all days except Mondays and Thursdays. All coaches are equipped with automatic doors, GPS based audio-visual passenger information system, on-board hotspot Wi-Fi for entertainment purposes, and very comfortable seating. All toilets are bio-vacuum type. The lighting is dual mode, viz. diffused for general illumination and personal for every seat. Every coach has a pantry with facility to serve hot meals, hot and cold beverages. The insulation is meant to keep heat and noise to very low levels for additional passenger comfort. Vande Bharat Express has 16 air-conditioned coaches of which 2 are executive class coaches. The total seating capacity is 1,128 passengers. It is much more than the conventional Shatabdi rake of equal number of coaches, thanks to shifting of all electric equipment below the coaches and seats in the driving coach also. Adding up the green footprints, the train has regenerative braking system in the Vande Bharat Express coaches which can save up to 30% of electrical energy. Speed, Safety and Service are the hallmarks of this train.Integral Coach Factory (ICF), Chennai, a Railways Production unit, has been the force behind a completely in-house design and manufacture, computer modelling and working with a large number of suppliers for system integration in just 18 months. In keeping with the vision of Prime Minister’s vision of “Make in India”, the major systems of the train have been designed and built in India. Impact of this train, matching global standards of performance, safety and passenger comfort and yet costing less than half of global prices, has the potential to be a game changer in the global rail business.
PM’s remarks after visiting Tirumala temple at Tirupati

PM’s remarks after visiting Tirumala temple at Tirupati The Prime Minister, Shri Narendra Modi today visited Tirumala temple at Tirupati in Andhra Pradesh. After visiting the temple, Prime Minister said: “May there be peace, unity and harmony in the country. May we succeed in eliminating poverty. May Lord Balaji bless the country for happiness and prosperity in the common man’s life.”
Cabinet approves creation of Post of Technical Member in SAT, Mumbai

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for creation of the Post of Technical Member in Securities Appellate Tribunal (SAT), Mumbai at the level of Secretary to the Government of India in the pay scale of Rs. 2,25,000/- (fixed) or Level 17 of the Pay Matrix as per the 7th Pay Commission. Benefits: Creation of the post will facilitate the creation of an additional bench in SAT, Mumbai thereby allowing speedy disposal of the increased number of appeals in SAT with respect to Securities and Exchanges Board of India, (SEBI), Insurance Regulatory and Development Authority of India (IRDA) and the Pension Fund Regulatory and Development Authority (PFRDA), which will be much beneficial to investors, pensioners and the general public. The securities market and insurance sector are growing rapidly. With increase in the volume of trading in securities market, and clients in the insurance sector, it is likely that the grievances will also increase. Therefore, it is necessary that a speedy redressal system is established. It would ensure speedy disposal of appeal cases related to insurance, securities market and pension benefitting the general public.
PM congratulates Mirabai Chanu on winning gold at World Weightlifting Championship

The Prime Minister, Shri Narendra Modi has congratulated Ms. Mirabai Chanu on winning gold at the World Weightlifting Championship. “India is proud of Mirabai Chanu, who has won a gold at the World Weightlifting Championship. Congratulations and best wishes for her future endeavours.”, the Prime Minister said.
PM addresses All-Party Meeting on Budget Session of Parliament

Govt’s stand on farm laws is the same as it was on 22nd January, and the proposal given by the Agriculture Minister still stands: PM PM reaffirms the importance of smooth functioning of Parliament Prime Minister Shri Narendra Modi addressed the All-Party Meeting on Budget Session of Parliament on 30th January, 2021. Prime Minister paid tributes to Mahatma Gandhi on his Punya Tithi and said that we must strive towards fulfilling his dreams. He also condemned the desecration of Mahatma Gandhi’s statue in USA this morning, saying that such an atmosphere of hate is not welcome for our planet. Prime Minister assured that the government is approaching the issue of farm laws with an open mind. He said that the government’s stand is the same as it was on 22nd January, and the proposal given by the Agriculture Minister still stands. He reiterated that the Agriculture Minister is just a phone call away for taking forward the talks. On references made by the leaders on the unfortunate incident on 26th January, Prime Minister said that the law will take its own course. Prime Minister said that the government is open to detailed discussion on issues raised by the leaders in the meeting. He reaffirmed the importance of smooth functioning of Parliament and comprehensive debates on the Floor of the House. He added that frequent disruptions mean smaller parties suffer as they can’t express themselves adequately. He said that it is for the bigger parties to ensure that Parliament functions smoothly, there are no disruptions and thus, the smaller parties are able to voice their views in Parliament. Prime Minister highlighted the role India can play to further global good in many sectors. He referred to the skills and prowess of our people, which can be a force multiplier for global prosperity.
PM recalls the principles of Lord Buddha on Buddha Purnima

The Prime Minister, Shri Narendra Modi has recalled the principles of Lord Buddha and reiterated his commitment to fulfil them on the occasion of Buddha Purnima. In a tweet, the Prime Minister said; “On Buddha Purnima we recall the principles of Lord Buddha and reiterate our commitment to fulfil them. The thoughts of Lord Buddha can make our planet more peaceful, harmonious and sustainable.”
Cabinet approves Scheme for FAME India Phase II

The Union cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for implementation of scheme titled ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ for promotion of Electric Mobility in the country. The scheme with total outlay of Rs 10000 Crores over the period of three years will be implemented with effect from 1st April 2019. This scheme is the expanded version of the present scheme titled ‘FAME India1 which was launched on 1st April 2015, with total outlay of Rs. 895 crores. Financial Implications: Total fund requirement for this scheme is Rs. 10,000 crores over three years from 2019-20 to 2021-22. Impact: The main objective of the scheme is to encourage Faster adoption of Electric and hybrid vehicle by way of offering upfront Incentive on purchase of Electric vehicles and also by way of establishing a necessary charging Infrastructure for electric vehicles. The scheme will help in addressing the issue of environmental pollution and fuel security. Details: Emphasis is on electrification of the public transportation that includes shared transport. · Demand Incentives on operational expenditure mode! for electric buses will be delivered through State/city transport corporation (STUs). · In 3W and 4W segment incentives will be applicable mainly to vehicles used for public transport or registered for commercial purposes. · In the e-2Ws segment, the focus will be on the private vehicles. · Through the scheme, it is planned to support 10 Lakhs e-2W, 5 Lakhs e-3W, 55000 4Ws and 7000 Buses. To encourage advance technologies, the benefits of incentives, will be extended to only those vehicles which are fitted with advance battery like a Lithium Ion battery and other new technology batteries. The scheme proposes for establishment of charging infrastructure, whereby about 2700 charging stations will be established in metros, other million plus cities, smart cities and cities of Hilly states across the country so that there will be availability of at least one charging station in a grid of 3 km x 3 km. · Establishment of Charging stations are also proposed on major highways connecting major city clusters. · On such highways, charging stations will be established on both sides of the road at an interval of about 25 km each.
PM to address 7th International Yoga Day programme tomorrow

The Prime Minister, Shri Narendra Modi will address the 7th International Yoga Day programme tomorrow, 21st June at 6.30 AM. In a tweet, the Prime Minister said, “Tomorrow, 21st June, we will mark the 7th Yoga Day. The theme this year is ‘Yoga For Wellness’, which focusses on practising Yoga for physical and mental well-being. At around 6:30 AM tomorrow, will be addressing the Yoga Day programme.”
Cabinet approves MoU between India and Nepal on Drug Demand Reduction and Prevention of Illicit Trafficking in Narcotic Drugs and Psychotropic Substances and precursor chemicals and related matters

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has given its approval for signing of a Memorandum of Understanding (MoU) between India and Nepal on Drug Demand Reduction and Prevention of Illicit Trafficking in Narcotic Drugs and Psychotropic Substances and precursor chemicals and related matters. The MoU lists out the areas of cooperation on drug matters between the two countries. It also indicates the mechanism of information exchange and the competent authorities in the two countries who are responsible for the implementation of the MoU and exchange of any information. Cooperation on drug matters is expected to curb the illicit traffic of narcotic drugs, psychotropic substances and precursor chemicals in the two countries. The MoU provides that the Parties shall endeavour to: – (i) develop mutual cooperation with a view to effectively resolving the issue of illicit traffic in narcotic drugs, psychotropic substances and their precursors, cooperate in drug demand reduction through prevention, awareness, education and community based programmes, treatment and rehabilitation; and (ii) exchange information of operational, technical and general nature in drug matters, exchange literature on their existing laws, rules, procedures, best practices and methods of curbing illicit trafficking in narcotic drugs, psychotropic substances and their precursors and any further amendments to the existing legislation. Background: India has always supported global efforts to counter drug trafficking and is party to several multilateral and bilateral initiatives in this regard as also United Nations (UN) led initiatives. In accordance with the spirit of UN Conventions on Narcotic Drugs, effort is made to enter into Bilateral Agreements/MoUs with neighbouring countries and the countries which have a direct bearing on the drug situation prevailing in our country. Such Bilateral Agreements/ MoUs have already been executed with various countries. The proposed MoU with Nepal is another such MoU which shall be entered for the purpose of bilateral cooperation on drug matters.
I’m optimistic that 130 crore Indians will continue to work hard to ensure India reaches new heights as it celebrates its Amrut Mahotsav: PM

The Prime Minister, Shri Narendra Modi has said that he is optimistic that 130 crore Indians will continue to work hard to ensure India reaches new heights as it celebrates its Amrut Mahotsav. In a series of tweets, the Prime Minister said; “As India enters August, which marks the beginning of the Amrut Mahotsav, we have seen multiple happenings which are heartening to every Indian. There has been record vaccination and the high GST numbers also signal robust economic activity. Not only has PV Sindhu won a well deserved medal, but also we saw historic efforts by the men’s and women’s hockey teams at the Olympics. I’m optimistic that 130 crore Indians will continue to work hard to ensure India reaches new heights as it celebrates its Amrut Mahotsav.”
Companies (Amendment) Bill, 2014

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for moving of the following Official Amendments in the Companies (Amendment) Bill, 2014:- (i). Doing away with the requirement for filing a declaration by a company before commencement of business or exercising its borrowing powers and (ii). rationalizing the procedure for laying draft notifications granting exemptions to various classes of companies or modifying provisions of the Act in Parliament, in order to ensure speedier issue of final notifications. These Official Amendments will address issues related to ease of doing business and put in place a speedier process for approval of draft notifications for providing exemptions etc. from specific provisions of the Act to a class of companies.
Compensatory Afforestation Fund Bill, 2015

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for introduction of the Compensatory Afforestation Fund Bill, 2015 in Parliament during the current session. The proposed legislation seeks to provide an appropriate institutional mechanism, both at the Centre and in each State and Union Territory, to ensure expeditious utilization in efficient and transparent manner of amounts realised in lieu of forest land diverted for non-forest purpose. This would mitigate impact of diversion of such forest land. The proposed legislation also seeks to provide safety, security and, transparency in utilization of these amounts, which currently are being kept in Nationalised Banks and are being managed by an ad-hoc body. These amounts would be brought within broader focus of both Parliament and State Legislatures and in greater public view, by transferring them to non-lapsable interest bearing funds, to be created under public accounts of the Union of India and each State. The proposed legislation will also ensure expeditious utilization of accumulated unspent amounts available with the ad hoc Compensatory Afforestation Fund Management and Planning Authority (CAMPA), which presently is of the order of Rs. 38,000 crore, and fresh accrual of compensatory levies and interest on accumulated unspent balance, which will be of the order of approximately Rs. 6,000 crore per annum, in an efficient and transparent manner. Utilization of these amounts, will facilitate timely execution of appropriate measures to mitigate impact of diversion of forest land, for which these amounts have been realised. Apart from mitigating the impact of diversion of forest land, utilisation of these amounts will also result in creation of productive assets and generation of huge employment opportunities in rural areas, especially in backward tribal areas. Expenditure of the National CAMPA is proposed to be met from the funds to be retained in the National Compensatory Afforestation Fund (CAF) from the accumulated funds transferred to it by the ad-hoc CAMPA, and the funds to be transferred, on yearly basis, to the National CAF from a part of the funds credited by user agencies directly into State CAFs. The proposal, therefore, does not involve any additional expenditure on the Centre. The Bill provides for among other things:- (i). Establishment of the National CAF and the State CAFs to credit amounts collected by State Governments and Union Territory Administrations to compensate loss of forest land diverted for non-forest purpose. (ii). Constitution of a National Authority to manage and utilise amounts credited to the National CAF. (iii). Constitution of a State Authority in each State and Union Territory to manage and utilise the amounts credited to the State CAFs. (iv). Establishment of a Monitoring Group to assist the National Authority in monitoring and evaluation of activities undertaken from amounts released from the National CAF and State CAFs.
PM pays tributes to Yogacharya B. K. S. Iyengar on his birth anniversary

Prime Minister Shri Narendra Modi has paid tributes to Yogacharya B. K. S. Iyengar on his birth anniversary. “My tributes to Shri B. K. S. Iyengar on his birth anniversary. His contribution in taking Yoga across the world is monumental”, the Prime Minister said.