The government has decided to introduce Maharatna catagory for Central Public Sector Enterprises, CPSEs that will have greater financial and operational autonomy than Navratnas .This is to enable mega public sector enterprises to expand their operations and emerge as global giants. The decision was taken at a Cabinet meeting chaired by the Prime Minister in New Delhi yeaterday. Later briefing media the Information and Broadcasting Minister Mrs. Ambika Soni said that the CPSEs must be Navratna company to get the status of Maharatna category and should be listed on Indian stock exchange with minimum precribed public share holding under SEBI regulations. They should have an average annual turn over of more than 25 thousand crore rupees, an average annual networth of more than 15 thousand crore rupees and have an average annual net profit of more than 5 thousand crore rupees after tax reductions during the last three years. They should also have significant global presence. After getting the Maharatna status the Boards of these CPSEs will will be empored to make investments in joint ventures and undertake mergers and acquisitions in India or abroad with an investment of up to 15 percent of networth with the ceiling of five thousand crore rupees . The Cabinet has given its approval for the introduction of a Bill to amend the right of children to free and compulsory education Act. This is to address the concern of the children with disabilities as well as the minority institutions. With the changes in the present law, Children with disabilities like Autism ,Cerebral Palsy, Mental Retardation and Multiple Disabilities will have special rights to pursue free and compulsory elementary education. The Cabinet also gave an approval for amending the Copy Right to remove operational difficulties, bringing in clarity and address the issues that have emerged in the phase of digital technology and internet. The amendments will seek to protect the concerns of music and film industry, physically challenged, right of the authors as well as the broadcasting sectors. In an another Cabinet decision, the government transferred state-owned Hindustan Shipyard Ltd from the Shipping to the Defence Ministry to meet the country's security needs. The move is also aimed at creating capabilities to build strategic vessels for Indian Navy. The Cabinet also approved the setting up of new shipyard of international standards. The Cabinet Committee on Economic Affairs gave a green signal for a proposal of Jet Airways India Ltd. to raise capital of upto four hundred million dollars through FDI. The proposal was recommended by the foreign investment promotion board. The Cabinet Committee on Infrastructure gave approval for a number of projects under the phase III National Highway Development Projects NHDP.