Cabinet approves India’s Membership for European Bank for Reconstruction & Development

Cabinet approves India’s Membership for European Bank for Reconstruction & Development

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved India’s Membership for European Bank for Reconstruction & Development (EBRD). Necessary steps will be initiated by the Department of Economic Affairs, Ministry of Finance to acquire the membership of the EBRD. The minimum initial investment towards the membership of EBRD will be approximately €1 (one) million. However, this assumption is based on India deciding to buy the minimum number of shares (100) required…

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Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period

Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of the scheme on Indian Institute of Corporate Affairs (IICA) for another three financial years (FYs 2017-18 to 2019-20) and providing Grants-in-aid of Rs.18 crore to the Institute. It will make the Institute self-sustainable by the end of FY 2019-20.

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20 officers appointed as Joint Secretary or equivalent in the Govt of India

20 officers appointed as Joint Secretary or equivalent in the Govt of India

As many as 20 officers have been appointed as Joint Secretary/Joint Secretary equivalent in the Govt of India. The officers are: Rajeev Singh Thakur, IAS (RJ:1995) appointed as Joint Secretary, Department of Defence vice Jiwesh Nandan, IAS (UP:1987). Ravi Kant, IOFS (1986), Joint Secretary, Department of Ex-Servicemen Welfare appointed as Joint Secretary, Department of Defence vice Rajeev Verma, IAS (UT:1992). Hari Prasad Pudi, IRAS (1994) appointed as Joint Secretary, Department of Ex-Servicemen Welfare vice Ravi…

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