Cabinet Approval 25th July 2019 All MoU and Agreements with Details

Cabinet Approval 25th July 2019 All MoU and Agreements with Details

Cabinet Approval 25th July 2019 All MoU and Agreements with Details

 Union Cabinet Approval 25th July 2019 All MoU and Agreements with Details given below:-

Govt approves merger of NIMH with ICMR-NIOH

The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved to dissolve National Institute of Miners' Health (NIMH) and merge it with ICMR-National Institute of Occupational Health (NIOCH).

  Also Read: Govt approves creation of sugar buffer stock of 40 LMT for 1 yr

The Cabinet has approved to dissolve National Institute of Miners' Health (NIMH), an autonomous institute under Ministry of Mines (MoM) and merge/ amalgamate with ICMR-National Institute of Occupational Health (NIOH), Ahmedabad, Ministry of Health and Family Welfare with all assets and liabilities and absorb all the employees of NIMH in NIOH in similar post/pay scale as the case may be and their pay be protected.

The merger / amalgamation of NIMH with NIOH will prove beneficial to both the Institutes in term of enhanced expertise in the field of occupational health besides the efficient management of public money........Read More

Govt approves creation of sugar buffer stock of 40 LMT for 1 yr

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the creation of a buffer stock of 40 lakh metric tonnes (LMT) of sugar for one year from August 1, 2019 to July 31, 2020.

The government will spend an estimated Rs 1,674 crore for this purpose. The decision of approving a buffer stock is to maintain demand-supply balance and to stabilise sugar prices.

However, based on the market price and availability of sugar, this may be reviewed by the Department of Food and Public Distribution any time for withdrawal or modification.

The reimbursement under the scheme would be met on a quarterly basis to sugar mills which would be directly credited into farmers’ account on behalf of mills against cane price dues and subsequent balance, if any, would be credited to the mill’s account.

  Also Read: Govt approves merger of NIMH with ICMR-NIOH

The decision will lead to an improvement in the liquidity of sugar mills, reduction in sugar inventories, stabilisation in sugar prices by alleviating of price sentiments in the domestic sugar market and thereby facilitate the timely clearance of cane price dues of farmers.......Read More

Cabinet approves Determination of ‘Fair and Remunerative Price’of sugarcane payable by sugar mills for 2019-20 sugar season

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the proposal in respect of Determination of ‘Fair and Remunerative Price’ of sugarcane payable by sugar mills for 2019-20 sugar season.

The FRP is based on the recommendation of the Commission of Agricultural Costs & Prices (CACP) as per its report of August 2018 on the price policy for sugarcane for the 2019-20 season. 

The CACP has recommended the same price for the 2019-20 sugar season as it was for the sugar season 2018-19. The CCEA also approved to provide a premium of Rs. 2.75 per qtl for every 0.1% increase above 10% in the recovery.