The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-

  • The Cabinet has approved- 

    1. Extension of Concessional Financing Scheme (CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad- Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16. Since the objectives of the Scheme continue to be relevant, it is proposed to extend the Scheme for another five years from 2018 to 2023.

    2. Re-structuring of the Agricultural Scientists' Recruitment Board (ASRB)- The ASRB will now be a 4 Member body instead of 3 Members. It will have a Chairperson and 3 Members. ASRB would be for a period of three years or till attainment of 65 years of age, whichever is earlier.

    3. Raising of Extra Budgetary Resources (EBR) for Swachh Bharat Mission (Gramin) [SBM(G)] amounting up to Rs. 15,000 crore during the financial year 2018-19; and Expansion of scope of work of the erstwhile International Centre for Drinking Water Quality, to rename as National Centre for Drinking Water, Sanitation and Quality (NCDWS & Q) and to authorize it to work as a receptacle for receiving EBR for SBM(G).

    4. Policy Framework for exploration and exploitation of Unconventional Hydrocarbons.

    5. Grant of Interest-Free Loan equivalent to interest during construction component to fertilizer revival projects at Sindri, Gorakhpur and Barauni by Hindustan Urvarak and Rasayan Limited.

    6. Issue of fresh equity to the extent of 15% of the paid-up equity capital by Hindustan Copper Limited.

  •  The 123rd Constitutional Amendment Bill giving constitutional status to the National Commission for Backward Classes (NCBC) has got Parliamentary assent. It will give the institution all powers to safeguard the rights of the socially and educationally backward classes and fulfils a long pending commitment of the central govt to the OBCs. 123rd Constitutional Amendment Bill Explained: 
  • 1. It seeks to establish the NCBC under the constitution with authority to examine complaints and welfare measures regarding OBCs,
  • 2. NCBC will have a Chairperson, Deputy Chairperson and 3 other members of which at least one will be a woman,
  • 3. The provision for mandatory woman member will be made during framing of rules,
  • 4. NCBC will work as an autonomous institution with powers of a civil court. 

  • The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-
  • The Cabinet has approved- 
    1. Approved the extension of the term of the Commission to examine the issue of Sub-categorization of Other Backward Classes in the Central List till November 2018. 
    2. MoU between India and Indonesia on Health cooperation. 
    3. creation of two posts equivalent to Joint Secretary level in the Interpreters' cadre of the Ministry of External Affairs. 
    4. MoU between "Institute of Chartered Accountants of India (ICAI)" and "Chartered Professional Accountants of Canada (CPA Canada). 
    5. MoU between India and Korea on Trade Remedy Cooperation. 
    6. Joint issue of postage stamp between India and South Africa. 
    7. MoU between India and Indonesia on Scientific and Technological Cooperation.
    8. raising of four additional battalions of National Disaster Response Force (NDRF) to strengthen the India's disaster response set up at an estimated cost of Rs 637 crore. 

  • The World Biofuel Day is observed every year on August 10 to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels. The World Biofuel Day is being observed by the Ministry of Petroleum & Natural Gas.On the occasion, PM of India, Narendra Modi unveiled a Booklet on “National Policy on Biofuels 2018”, and launched “Pro-Active and Responsive facilitation by Interactive and Virtuous Environmental Single window Hub”[PARIVESH].
  •  In a tribute to the late former prime minister Atal Bihari Vajpayee, the Chhattisgarh Cabinet approved the proposal to rename Naya Raipur as 'Atal Nagar'. Chief Minister Raman Singh made the announcement after a Cabinet meeting.  The Bilaspur University will be known as Atal Bihari Vajpayee University while the Narrow Gauge Line will be called Atal Path. The Central Park, which is being constructed beside collectorate, will be named as Atal Park. 

  • The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows-
  • The Cabinet has approved- 
    1.  Signing of MoU between India and Bulgaria in the field of tourism,
    2. Apprised of the MoU between India and Republic of Korea on the cooperation in the field of railways,
    3. Apprised of the MoU between India and United Kingdom and Northern Ireland on the Cooperation in the fields of Animal Husbandry, Dairying and Fisheries,
    4. Signing of Air Services Agreement between India and Morocco,
    5. Trade Cooperation Framework between India and Rwanda,
    6. MoU between India and USA in insurance regulatory sector,
    7. Additional 2% Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018,
    8. Revised Cost Estimate for setting up of India Post Payments Bank,
    9. Umbrella scheme “Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)” of Ministry of Earth Sciences.


  • The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi gave its approval for implementation of an umbrella scheme ‘Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)’. The CCEA approved the scheme for implementation during the period from 2017-18 to 2019-20 at an overall cost of Rs 1623 crore.