Cabinet has approved introduction of pension and post-retirement medical benefits for the employees of Food Corporation of India (FCI). It has also given its nod to amend regulation for foreign investment in Non- Banking Finance Companies. <br/><br/>Amending the regulations will enable inflow of foreign investment in other financial services on automatic route. An official release said, this will induce foreign direct investment and give a spurt to economic activities.<br/><br/>Cabinet has given ex-post facto approval to introduction of Lokpal Bill 2016, to amend Section 44 of Lokpal and Lokayuktas Act 2013. The amendments will address concerns expressed by public servants.
News On AIR | August 10, 2016 8:33 PM
Cabinet approves introduction of pension, post-retirement medical benefits for FCI employees