Page 37 - NIS English November16-30

DECISION: Extension of Norms for Mandatory Packaging in Jute Materials approved.
BENEFITS: It has been decided that 100 per cent of the food-grains and
20 per cent of the sugar will be mandatorily packaged in diversified jute
bags. This decision will give an impetus to the diversification of the jute
industry. Further, the decision also mandates that initially 10 per cent of
the indents of jute bags for packing foodgrains would be placed through
reverse auction on the GeM portal. This will gradually usher in a regime of
price discovery. This will also help jute farmers to earn more.

DECISION: Extension of Market Intervention will be implemented from April 2021 to be
Scheme for procurement of apples in Jammu completed by March 2031. This will improve safety
and Kashmir for the year 2020-21. and operational performance of selected 736
dams across the country. There are 5,334 dams
in India with 411 new dams being built. India is
the third country after the US and China. Dams
play a very important role for power generation,
irrigation and drinking water.
DECISION: Memorandum of Understanding (MoU)
between India and Cambodia on cooperation in
the field of Health and Medicine.
BENEFITS: The MoU will encourage cooperation
BENEFITS: The Government will procure 12 between the two countries through joint initiatives
Lakh metric tonnes of apples under this scheme and technology development in the health sector.
in the current season i.e. 2020–21 on the same
terms and condition as during the last season. DECISION: MoU signed by ICAI, India and CPA,
The apple procurement will be done by Central Papua New Guinea.
Procuring Agency i.e. National Agricultural BENEFITS: Institute of Chartered Accountants of
Cooperative Marketing Federation Ltd (NAFED) India (ICAI) and Certified Practising Accountants,
through State Designated Agency i.e. Directorate Papua New Guinea (CPA PNG), will work together
of Planning and Marketing, Department of for establishing possible cooperation and
Horticulture & Jammu & Kashmir Horticulture collaboration in areas of Corporate Governance,
Processing and Marketing Corporation, directly technical research and advice, quality assurance,
from farmers. The payment will be made through forensic accounting, Continuing Professional
Direct Benefit Transfer into Bank account of Development (CPD) and other subjects of mutual
apple farmers. interest. They will share available unrestricted
The Government has also allowed NAFED to information concerning the accountancy
utilize Government Guarantee of Rs 2,500 Crore profession in India and PNG.
for this operation. The losses, if any, incurred in
this operation will be shared between Central
Government and UT administration of J&K on
50:50 basis.
DECISION: Cabinet approves Externally Aided
Dam Rehabilitation and Improvement Project
(DRIP)–Phase II and Phase III. October 21 October 29
BENEFITS: The project worth Rs 10,211 Crore Scan QR code to hear the full
address on cabinet decisions.

New India Samachar 35