December 24, 2009 8:41 PM

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Govt. to confer Maharatna status to CPSEs

The government has decided to introduce Maharatna category for Central Public Sector Enterprises, CPSEs that will have greater financial and operational autonomy than Navratnas. The decision with certain conditions was taken at a Cabinet meeting chaired by the Prime Minister in New Delhi on Thursday. Later briefing media, the Information and Broadcasting Minister Mrs. Ambika Soni said, this will enable mega public sector enterprises to expand their operations and emerge as global giants.<br/>Meanwhile the Cabinet has given its approval for the introduction of a Bill to amend the right of children to free and compulsory education Act. The amendment will address the concerns of the children with disabilities as well as the minority institutions. 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 Cabinet Committee on Infrastructure gave approval for a number of projects under the phase III of National Highway Development Projects.

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