Page 35 - NIS English January 16-31
P. 35

Cabinet Decisions


                                  EMPOWERING STUDENTS,




                                                WOMEN AND


                                                    FARMERS






                                           From increasing scholarship amount of SC students to
                                           revising guidelines for DTH services to creating more jobs
                                         with various measures, here’s a look at some important
                                      decisions taken by the Union Cabinet

        DECISION: Five time increase in the share of the        the period of license may be renewed by 10
        Centre in the post-matric scholarship approved          years at a time. License fee has been revised
        BENEFITS:                                               from 10% of GR to 8% of AGR
        l Rs 59,048 Crore worth scholarship has been         l The  cap  of  49%  FDl  in  the  existing  DTH
           approved to benefit over 4 Crore SC students         guidelines to be aligned with DPIIT’s policy on
        l This will help reducing dropouts. Over 1.36 Crore     FDl as amended from time to time
           extremely poor students will be made part of this   DECISION: Expansion of interest subvention
           scheme by launching a special drive               scheme  to  provide  financial  assistance  for
        l Scholarship’s 60 per cent (Rs 35,534) share        enhancement of ethanol distillation capacity from
           provided by the Centre to be transferred directly   grain-based distilleries along with molasses-
           into the beneficiary account                      based distilleries approved
                                                             BENEFITS:
         DECISION:  Industrial  Corridor  nodes  at          l The expanded interest subvention scheme will
         Krishnapatnam and Tumakuru under CBIC                  fuel investment of about Rs 40,120 Crore in the
         approved                                               ethanol  value  chain,  encouraging  'Urja  Kheti'
         BENEFITS:
                                                                which will augment farmer’s income, transform
         l The approved proposals  have  a total
                                                                ‘Annadatas’ into ‘Urjadatas’ and contribute to the
            estimated cost of Rs 7,725 Crore and an
                                                                overall vision of AatmaNirbhar Bharat
            estimated employment generation of more
                                                             l The price of ethanol procurement has also
            than 2.8 Lakh persons
                                                                gone up from around Rs 39 per litre in sugar
         l This will facilitate manufacturing investments
                                                                year 2013-14 to an average price of Rs 58 per
            into the country by providing quality, reliable,
                                                                litre in sugar year 2020-21
            sustainable and resilient infrastructure to
                                                             DECISION: Deepening and Optimisation of Inner
            industries
                                                             Harbour Facilities including Development of
         l This will also position India as a strong player
                                                             Western Dock on BOT basis under PPP mode
            in Global Value Chains with developed land
                                                             to handle cape size vessels at Paradip Port
            parcels in cities for immediate allotment for
            attracting investments                           approved
                                                             BENEFITS:
         DECISION: Revision in guidelines for providing      l The project will facilitate (i) de-congestion of
         DTH Services in India approved                         the Port, (ii) reduce Sea freight making coal
         BENEFITS:                                              imports cheaper, and (iii) boost the industrial
         l  License for the DTH to be issued for a period of    economy in the hinterland of the port leading
            20 years in place of present 10 years. Further      to creation of job opportunities.
                                                                                  New India Samachar 33
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