Government approves scheme for Viability Gap Funding for development of Battery Energy Storage Systems with an initial outlay of about Rs. 9,400 crore

September 6, 2023 8:12 PM

Government approves scheme for Viability Gap Funding for development of Battery Energy Storage Systems with an initial outlay of about Rs. 9,400 crore

The Government today approved the Scheme for Viability Gap Funding ( VGF ) for the development of Battery Energy Storage Systems ( BESS). Briefing media after the Cabinet meeting in New Delhi today, Information and Broadcasting Minister Anurag Singh Thakur said, the scheme envisages the development of four thousand Mega Watt hour of BESS projects by 2030-31, with the financial support of up to 40 percent of the capital cost as budgetary support. He said, it has an initial outlay of about 9,400 c...

Government reduces prices of domestic LPG Cylinder by Rs. 200 for all consumers; To provide 75 lakh new LPG connections for free under Ujjwala scheme

August 29, 2023 8:41 PM

Government reduces prices of domestic LPG Cylinder by Rs. 200 for all consumers; To provide 75 lakh new LPG connections for free under Ujjwala scheme

Information and Broadcasting Minister Anurag Singh Thakur said that the government has decided to reduce the price of domestic LPG cylinders by 200 rupees for all the consumers. Briefing media in New Delhi today, the Minister said, the benefit now stands at 400 rupees per LPG cylinder for the Ujjawala beneficiaries. He said government will provide 75 lakh new free LPG connections under Ujjwala scheme. People from all walks of life have welcomed government's initiative to reduce the price of...

Cabinet approves MoC between India and Kyrgyzstan for research work on High Altitude Biology and Medicine

June 12, 2019 9:18 PM

Cabinet approves MoC between India and Kyrgyzstan for research work on High Altitude Biology and Medicine

<span style="color: #222222;">The Union Cabinet has approved a Memorandum of Collaboration, MoC between India and Kyrgyzstan for collaborative research work on High Altitude Biology and Medicine. The MoC will help in understanding the physical and mental picture of soldier system at high altitude and mitigate the high altitude related maladies by using Yoga practice, herbals and neutraceuticals.</span><br />'' <br />'' <span style="color: #222222;"&...

Cabinet approves MoC between India and Kyrgyzstan for research work on High Altitude Biology and Medicine

June 12, 2019 9:18 PM

Cabinet approves MoC between India and Kyrgyzstan for research work on High Altitude Biology and Medicine

<span style="color: #222222;">The Union Cabinet has approved a Memorandum of Collaboration, MoC between India and Kyrgyzstan for collaborative research work on High Altitude Biology and Medicine. The MoC will help in understanding the physical and mental picture of soldier system at high altitude and mitigate the high altitude related maladies by using Yoga practice, herbals and neutraceuticals.</span><br />'' <br />'' <span style="color: #222222;"&...

Cabinet approves merger of Vijaya Bank, Dena Bank with Bank of Baroda

January 3, 2019 9:34 PM

Cabinet approves merger of Vijaya Bank, Dena Bank with Bank of Baroda

The Cabinet has approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda.  The move will help create a strong globally competitive bank with economies of scale and enable the realization of wide-ranging synergies, leveraging of networks and low-cost deposits and substantial rise in customer base and operational efficiency.  The scheme will come into effect from 1st of April this year.  The pay and allowances and services of the employees of all three banks will remain same as earlier...