Current Affairs Agreements

Category : Agreements

The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-

The Cabinet has approved-  Extension of Concessional Financing Scheme (CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad- Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16. Since the objectives of the Scheme continue to be relevant, it is proposed to extend the Scheme for another five years from 2018 to 2023. Re-structuring of the Agricultural Scientists' Recruitment Board (ASRB)- The ASRB will now be a 4 Member body instead of 3 Members. It will have a Chairperson and 3 Members. ASRB would be for a period of three years or till attainment of 65 years of age, whichever is earlier. Raising of Extra Budgetary Resources (EBR) for Swachh Bharat Mission (Gramin) [SBM(G)] amounting up to Rs. 15,000 crore during the financial year 2018-19; and Expansion of scope of work of the erstwhile International Centre for Drinking Water Quality, to rename as National Centre for Drinking Water, Sanitation and Quality (NCDWS & Q) and to authorize it to work as a receptacle for receiving EBR for SBM(G). Policy Framework for exploration and exploitation of Unconventional Hydrocarbons. Grant of Interest-Free Loan equivalent to interest during construction component to fertilizer revival projects at Sindri, Gorakhpur and Barauni by Hindustan Urvarak and Rasayan Limited.