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Union Cabinet decisions for discoms, sugarcane farmers, job seekers
2 views | Aug 19, 2020, 09:15:10 PM | TOI.in
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The Union Cabinet on Wednesday approved major decisions to provide liquidity to the power sector, ease recruitment process for central government jobs and increased the fair and remunerative Price (FRP) of sugarcane to protect the interest of the farmers, in a meeting chaired by Prime Minister Narendra Modi. Briefing the media about the decisions taken, information and broadcast minister Prakash Javadekar said that the revolutionary announcements will provide a boost to employment in the country and spur growth. Initiating a 'landmark reform' in recruitment process, the Union Cabinet approved the creation of National Recruitment Agency (NRA) for conducting a common eligibility test for central government jobs. This will allow job-seekers take one common test and save cost and time spent on writing multiple exams. A one-time relaxation in working capital limit norm for discoms under the Ujwal DISCOM Assurance Yojana (UDAY) to get loans as part of the Rs 90,000 crore liquidity infusion scheme has been approved by the government. One-time relaxation will help in providing liquidity to the power sector and ensure payments by discoms. Government also approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership (PPP). The minimum price sugar mills pay to sugarcane growers has been increased by Rs 10 to Rs 285 per quintal for the next marketing year starting October 2020, government notified after the Cabinet meeting.
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