Cabinet Current Affairs

Cabinet approves release of pulses to States with discounted rates

Cabinet Committee on Economic Affairs (CCEA) has approved release of pulses to States/UTs at discounted rate to be utilized for various Welfare Schemes from stock of pulses procured under Price Support Schemes (PSS). The meeting was chaired by Prime Minister Narendra Modi.

Key Facts

Under this approved Scheme, States/UT Governments will be offered to lift 34.88 lakh MT of pulses at discounted rate over prevailing wholesale market price of sourcing state on First come first serve basis. This will be one-time dispensation for 1 year period or complete disposal of 34.88 lakh MT of pulses stock whichever is earlier. Government will spend Rs. 5,237 crore for implementation of this Scheme. The decision will enable the States/UTs to use pulses in various Welfare Schemes like Public Distribution Scheme (PDS), Mid-Day Meal Scheme, Integrated Child Development Programmes (ICDP) etc etc. besides making available warehouses, which may be required in coming Kharif season for storage of commodities procured under PPS.

Background

Pulses production was witnessed all time high during the last 2 years in the country. Due to bumper production, Central Government also has made record procurement of pulses (45.43 lakh MT) during Kharif 2017 and Rabi 2018 marketing season under Price Support Scheme. This was coupled with increase in Minimum Support Price (MSP) will require additional procurement under Price Support Scheme.

Month: Categories: India Current Affairs 2018

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Cabinet approves Introduction of The Indian Institutes of Information Technology (Amendment) Bill, 2017

The Union Cabinet has given its approval for introduction of The Indian Institutes of Information Technology (Amendment) Bill, 2017 in Parliament.

The amendment Bill has provision for the inclusion of Indian Institute of Information Technology Design and Manufacturing (IIITDM), Kurnool along with the other IITs in the Principal Act. With this, IIITDM Kurnool will become fifth Member as a Centrally Funded IIIT.

Key Facts
  • IITDM Kurnool inclusions will make it an institute of National Importance with the power to award degrees to students. Its academic session had commenced in two branches of study in 2015-16.
  • The expenditure for the operationalization of IITDM Kurnool is incurred from the Plan funds of the Union Ministry of Human Resource Development.
Background

The Indian Institutes of Information Technology Act, 2014 confers the status of Institutions of National Importance on the IIITs. It deals with matters connected with administering these IIITs. The Andhra Pradesh as embodied in the Andhra Pradesh Reorganization Act, 2014 had embodied creation of a new NIT at Kurnool in Andhra Pradesh. Subsequently, Government had approved its creation. Due to addition of a new IIIT, amendment has to be made in the IIIT Act, 2014.

Month: Categories: India Current Affairs 2018

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