Government has decided to allow States to impose and enforce stock limits on sugar to check its price rise in the market. <br/><br/>The decision to bring sugar under the purview of stock holding limits on dealers of sugar, was taken in a Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi last evening. <br/><br/>The Government has noticed that in spite of sufficient availability of sugar stocks with the Sugar Mills, the wholesale and retail prices have shown a spurt. The Cabinet decision will empower State and Central agencies to impose stock limits and regulate supply, distribution, storage and trade of sugar to bring down sugar prices at reasonable level by curbing unscrupulous trading. <br/><br/>The Cabinet also approved enhancing investment by Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). An official release said, the investment amount could be enhanced upto Rs 3000 crore in BORL by way of subscription of convertible warrants and other instruments. <br/><br/>The infusion of funds will enhance the availability of petroleum products in Northern and Central parts of the country, industrial development of Madhya Pradesh and substantial increase in employment and tax earnings in the State. <br/><br/>The Cabinet also gave its nod for signing of a Memorandum of Understanding (MoU) between India and Papua New Guinea on cooperation in healthcare and medical Science. The MoU will encourage cooperation between Health Ministries of the two countries through joint initiatives in health sector. <br/><br/>The Cabinet also gave its ex-post facto approval for MoU between Insurance Regulatory and Development Authority of India (IRDA) and the Insurance Authority of United Arab Emirates. The agreement provides for enhanced cooperation between the two authorities in the field of insurance supervision.The MoU was signed in February this year.

Government has decided to allow States to impose and enforce stock limits on sugar to check its price rise in the market. <br/><br/>The decision to bring sugar under the purview of stock holding limits on dealers of sugar, was taken in a Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi last evening. <br/><br/>The Government has noticed that in spite of sufficient availability of sugar stocks with the Sugar Mills, the wholesale and retail prices have shown a spurt. The Cabinet decision will empower State and Central agencies to impose stock limits and regulate supply, distribution, storage and trade of sugar to bring down sugar prices at reasonable level by curbing unscrupulous trading. <br/><br/>The Cabinet also approved enhancing investment by Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). An official release said, the investment amount could be enhanced upto Rs 3000 crore in BORL by way of subscription of convertible warrants and other instruments. <br/><br/>The infusion of funds will enhance the availability of petroleum products in Northern and Central parts of the country, industrial development of Madhya Pradesh and substantial increase in employment and tax earnings in the State. <br/><br/>The Cabinet also gave its nod for signing of a Memorandum of Understanding (MoU) between India and Papua New Guinea on cooperation in healthcare and medical Science. The MoU will encourage cooperation between Health Ministries of the two countries through joint initiatives in health sector. <br/><br/>The Cabinet also gave its ex-post facto approval for MoU between Insurance Regulatory and Development Authority of India (IRDA) and the Insurance Authority of United Arab Emirates. The agreement provides for enhanced cooperation between the two authorities in the field of insurance supervision.The MoU was signed in February this year.

Government has decided to allow States to impose and enforce stock limits on sugar to check the the price rise of sweetener in the market. <br/><br/>The decision to bring sugar under the purview of stock holding limits on dealers of sugar, was taken in Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi this evening. <br/><br/>The Government has noticed that in spite of sufficient availability of sugar stocks with the Sugar Mills, the wholesale and retail prices have shown a spurt. <br/><br/>The decision will empower State and Central agencies to impose stock limits and regulate supply, distribution, storage and trade of sugar to bring down sugar prices at reasonable level by curbing unscrupulous trading. <br/><br/>The Cabinet also gave its nod to enhance investment by Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). <br/><br/>An official release said, the investment amount could be enhanced upto 3000 crore rupees in BORL by way of subscription of convertible warrants and other instruments. <br/><br/>The infusion of funds will enable BORL to overcome the implications on account of the erosion of the net worth. <br/><br/>Besides it will enhance the availability of petroleum products in the Northern and Central parts of the country, industrial development of Madhya Pradesh and substantial increase in employment and tax earnings in the State.<br/><br/>The Cabinet also approved utilization of 400 hectares of un-cultivable farm land at the Central State Farm , Jetsar in Sri Ganganagar District of Rajasthan for setting up of 200 Mega Watt solar Power Plant. <br/><br/>In an another decision, the Cabinet gave its nod for signing an Memorandum of Understanding (MoU) between India and Papua New Guinea on cooperation in the field of Healthcare and Medical Science. The MoU will encourage cooperation between the Health Ministries of the two countries through joint initiatives in the health sector.

Government has decided to allow States to impose and enforce stock limits on sugar to check the the price rise of sweetener in the market. <br/><br/>The decision to bring sugar under the purview of stock holding limits on dealers of sugar, was taken in Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi this evening. <br/><br/>The Government has noticed that in spite of sufficient availability of sugar stocks with the Sugar Mills, the wholesale and retail prices have shown a spurt. <br/><br/>The decision will empower State and Central agencies to impose stock limits and regulate supply, distribution, storage and trade of sugar to bring down sugar prices at reasonable level by curbing unscrupulous trading. <br/><br/>The Cabinet also gave its nod to enhance investment by Bharat Petroleum Corporation Limited (BPCL) in Bharat Oman Refineries Limited (BORL). <br/><br/>An official release said, the investment amount could be enhanced upto 3000 crore rupees in BORL by way of subscription of convertible warrants and other instruments. <br/><br/>The infusion of funds will enable BORL to overcome the implications on account of the erosion of the net worth. Besides it will enhance the availability of petroleum products in the Northern and Central parts of the country, industrial development of Madhya Pradesh and substantial increase in employment and tax earnings in the State.