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Highlights from Cabinet meet: e-bidding for pure fuel, Kolkata Metro to be prolonged

The Union Cabinet, which met on Wednesday, congratulated Prime Minister Narendra Modi for finishing 20 years as a democratically elected chief. Mr. Modi, beforehand served as Chief Minister of Gujarat for 3 consecutive phrases.

In a media briefing later within the day, Union Minister Prakash Javadekar elaborated on the important thing selections taken.


Here are the important thing selections taken:

The Cabinet took a choice on reforming pure fuel financing.

The Cabinet mentioned the COVID-19 state of affairs and the challenges within the winter forward. An consciousness marketing campaign will begin tomorrow to advertise masks, social distancing and hand washing, Mr. Javadekar says.

An extended-pending Metro mission in Kolkata has been cleared.

A memorandum of cooperation with Japan on cyber safety has been permitted.

A memorandum of understanding with Canada on barcoding of faunal genomes has been permitted.

Stockholm conference has been ratified by banning seven extra chemical substances which can be well being and environmental hazards.


Govt. permits Reliance, others to promote fuel to associates; advertising freedom to profit Cairn, Focus

In a significant enhance to companies reminiscent of Reliance Industries, the federal government on Wednesday allowed affiliate corporations to purchase fuel produced from non-regulated fields as a part of giving full advertising freedom.

The authorities between 2016 and 2019 gave pricing freedom for all fields besides these given to State-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) on a nomination foundation.

But, there have been restrictions on advertising together with a ban on associates of producers shopping for the gasoline and in some instances, a state nominee being mandated to offtake the fuel. This restricted competitors stored costs artificially low.

The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, permitted pure fuel advertising reforms, Oil Minister Dharmendra Pradhan advised reporters.


Cabinet approves cybersecurity pact with Japan

The Union Cabinet on October 7 permitted signing of an settlement with Japan that’s geared toward enhancing cooperation in rising applied sciences, safety of vital infrastructure, our on-line world and to mitigate threats to communication networks, the federal government stated.

It stated India and Japan are dedicated to an “open, interoperable, free, fair, secure and reliable” our on-line world atmosphere and can work in the direction of selling the Internet as an engine of innovation and financial progress.


e-bidding system for pure fuel

Petroleum Minister Dharmendra Pradhan says the Cabinet has permitted a standardized e-bidding system for pure fuel. Producers may have the selection of a panel of platforms.

A clear market worth will emerge from this. Producing firm can not take part within the bidding course of. Affiliated corporations can take part, he says.


Kolkata Metro to be prolonged

East-West Metro hall in Kolkata was permitted 12 years in the past and work was supposed to start out. But sadly, the state authorities didn’t assist in land acquisition and the mission was caught, says Railway Minister Piyush Goyal.

The work was re-started in 2015. Today, the mission with a brand new alignment and a value of over Rs.8,575 crore has been permitted.

The 16.6km hall might be accomplished by December 2021.

On Bengaluru suburban rail mission, Mr. Goyal says cannot talk about or give any info because the Model Code of Conduct is in power in Karnataka.

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