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Union Cabinet approves PLI Scheme for White Goods

 

The Union Cabinet, chaired by Prime Minister Narendra Modi, today approved the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) with a budgetary outlay of Rs 6,238 crore.

The prime objective of the PLI scheme is to make manufacturing in India globally competitive by removing sectoral disabilities, creating economies of scale and ensuring efficiencies. It is designed to create a complete component ecosystem in India and make India an integral part of the global supply chains. The scheme is expected to attract global investments, generate large scale employment opportunities and enhance exports substantially.

Important aspects of the scheme:-

  1. The PLI Scheme for White Goods shall extend an incentive of 4 per cent to 6 per cent on incremental sales of goods manufactured in India for a period of five years to companies engaged in manufacturing of Air Conditioners and LED Lights.
  2. Different segments have been earmarked for different types of components separately to specifically target global investments into desired areas.
  3. Selection of companies for the Scheme shall be done so as to incentivize manufacturing of components or sub-assemblies which are not manufactured in India presently with sufficient capacity. Mere assembly of finished goods shall not be incentivized.
  4. Companies meeting the pre-qualification criteria for different target segments will be eligible to participate in the Scheme.
  5. Incentives shall be open to companies making brown field or green field Investments.
  6. Thresholds of cumulative incremental investment and incremental sales of manufactured goods over the base year would have to be met for claiming incentives.
  7. An entity availing benefits under any other PLI Scheme of Govt. India will not be eligible under this scheme for the same products but the entity may take benefits under other applicable schemes of Govt. of India or schemes of State governments.
  8. The Scheme will be implemented as a pan India scheme and is not specific to any location, area or segment of the population.

It is estimated that over the period of five years, the PLI Scheme will lead to an incremental investment of Rs 7,920 Crore, incremental Production worth Rs 1,68,000 Crore, exports worth Rs 64,400 Crore, earn direct and indirect revenues of Rs 49,300 crore and create additional four lakh direct and indirect employment opportunities.

#WhiteGoods #UnionCabinet
07-April-2021
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Cabinet approves creation of Pradhan Mantri Swasthya Suraksha Nidhi

 

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Section 136-b of Finance Act, 2007.

Salient features of the PMSSN

  1. A non-lapsable reserve fund for Health in the Public Account;
  2. Proceeds of the share of health in the Health and Education Cess will be credited into PMSSN;
  3. Accruals into the PMSSN will be utilized for the flagship schemes of the Ministry of Health & Family Welfare namely,
  • - Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)
  • - Ayushman Bharat - Health and Wellness Centres (AB-HWCs)
  • - National Health Mission
  • - Pradhan Mantri Swasthya Suraksha Yojana (PMSSY)
  • - Emergency & disaster preparedness and responses during health emergencies
  • - Any future programme/scheme that targets to achieve progress towards SDGs and the targets set out in the National Health Policy (NHP) 2017.
  •    
  •    4. Administration and maintenance of the PMSSN is entrusted to the Ministry of Health & Family Welfare; and
  •    5. In any financial year, the expenditure on such schemes of the MoHFW would be initially incurred from the PMSSN and thereafter, from Gross Budgetary Support (GBS).

 

Benefits:

The major benefit will be enhanced access to universal & affordable health care through the availability of earmarked resources while ensuring that the amount does not lapse at the end of the financial year.

#UnionCabinet #HealthMinistry
10-March-2021
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Cabinet approves electricity sector related MoU between India, USA

 

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for Central Electricity Regulatory Commission's proposal for entering into a Memorandum of Understanding between Central Electricity Regulatory Commission (CERC), India and Federal Energy Regulatory Commission (FERC), United States of America (USA) for exchange of information and experiences in areas of mutual interest to both in the electricity sectors.

The MoU will help in improving the regulatory and policy framework for developing efficient wholesale power market and enhancing grid reliability.

The activities to be carried out under the MoU include the following:         

  1. Identify energy-related issues and develop topics and possible agendas for the exchange of information and regulatory practices in areas of mutual interest;
  2. Organize visits by Commissioners and/or staff to participate in activities at each other's facilities;
  3. Participate in seminars, visit, and exchanges;
  4. Develop programs of mutual interests and where appropriate hold these programs locally to enhance participation;
  5. When practical and of mutual interest, provide speakers on energy issues and other personnel (management or technical).

#India #America #UnionCabinet
16-December-2020
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Cabinet approves Auction of spectrum

 

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a proposal of the Department of Telecommunications to conduct spectrum auction through which spectrum will be assigned to the successful bidders for providing commercial mobile services.

The auction will be for spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands. Spectrum will be offered for an assignment for a validity period of 20 years. A total of 2251.25 MHz is being offered with a total valuation of Rs 3,92,332.70 crore (at reserve price).

By winning the right to use spectrum through the auction, incumbent telecom service providers will be able to augment their network capacity whereas new players will be able to start their services.

In the auction, bidders will have to comply with parameters/conditions e.g. block size in which bidders will be able to submit their bids, spectrum cap i.e. the maximum amount of spectrum that can be held by each bidder after the completion of the auction, roll-out obligations, payment terms etc.

Successful bidders may pay the entire bid amount in one go (upfront) or may exercise an option to pay a certain amount (25% for spectrum won in 700 MHz, 800 MHz, 900 MHz bands or 50% for spectrum won in 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz bands) upfront and the remaining amount in a maximum up to 16 equated annual instalments, after a moratorium of two years.

In addition to the bid amount, successful bidders will also have to pay 3% of the Adjusted Gross Revenue (AGR) excluding wireline services as spectrum usage charges for the spectrum won through this auction.

#SpectrumAuction #UnionCabinet
16-December-2020
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Cabinet takes major decision on WiFi

 

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for the proposal of DoT for setting up of Public Wi-Fi Networks by Public Data Office Aggregators (PDOAs) to provide public Wi-Fi service through Public Data Offices (PDOs) spread across length and breadth of the country to accelerate proliferation of Broadband Internet services through Public Wi-Fi network in the country. 

There shall be no license fee for providing Broadband Internet through these public Wi-Fi networks.

The proposal will promote the growth of Public Wi-Fi Networks in the country and, in turn, will help in proliferation of Broadband Internet, enhancement of income and employment and empowerment of people.

Salient Features:

This Public Wi-Fi Access Network Interface will be known as PM-WANI. PM-WANI eco-system will be operated by different players as described herein under:

Public Data Office (PDO): It will establish, maintain, and operate only WANI compliant Wi-Fi Access Points and deliver broadband services to subscribers.

Public Data Office Aggregator (PDOA): It will be an aggregator of PDOs and perform the functions relating to Authorization and Accounting.

App Provider: It will develop an App to register users and discover WANI compliant Wi-Fi hotspots in the nearby area and display the same within the App for accessing the internet service.

Central Registry: It will maintain the details of App Providers, PDOAs, and PDOs. To begin with, the Central Registry will be maintained by C-DoT.
 

Objectives:

While no registration would be required for PDOs, PDOAs and App, Providers will get themselves registered with DoT through online registration portal (SARALSANCHAR; https://saralsanchar.gov.in) of DoT, without paying any registration fee. Registration shall be granted within 7 days of the application.

This is expected to be more business friendly and in line with efforts for ease of doing business. COVID-19 pandemic has necessitated delivery of stable and high speed Broadband Internet (data) services to an increasingly large number of subscribers in the country including areas which do not have 4G mobile coverage. This can be achieved by deployment of Public Wi-Fi.

Further, the proliferation of public Wi-Fi will not only create employment but also enhance disposable incomes in the hands of small and medium entrepreneurs and boost the GDP of the country.

Proliferation of Broadband Services through public Wi-Fi is a step towards digital India and consequential benefit thereon.

No License Fee for providing broadband internet services using public Wi-Fi Hotspots will massively encourage its proliferation and penetration across the length and breadth of the country. Availability and use of Broadband will enhance incomes, employment, quality of life, ease of doing business etc.

#WiFi #UnionCabinet
09-December-2020
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Cabinet approves PLI scheme to 10 key sectors

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports. Total outlay - Rs 1,45,980 CrThis would drive the nation to Self-sufficiency in many industrial sectors.

1. Sectors - Advance Chemistry Cell (ACC) Battery
Implementing Ministry/Department - NITI Aayog and Department of Heavy Industries
Approved financial outlay over a five-year period - Rs 18,100 Cr

2. Sectors - Electronic/Technology Products
Implementing Ministry/Department - Ministry of Electronics and Information Technology
Approved financial outlay over a five-year period - Rs 5,000 Cr

3. Sectors - Automobiles & Auto Components
Implementing Ministry/Department - Department of Heavy Industries
Approved financial outlay over a five-year period - Rs 57,042 Cr

4. Sectors - Pharmaceuticals drugs    
Implementing Ministry/Department - Department of Pharmaceuticals
Approved financial outlay over a five-year period - Rs 15,000 Cr

5. Sectors - Telecom & Networking Products
Implementing Ministry/Department - Department of Telecom
Approved financial outlay over a five-year period - Rs 12,195 Cr

6. Sectors - Textile Products: MMF segment and technical textiles
Implementing Ministry/Department - Ministry of Textiles
Approved financial outlay over a five-year period - Rs 10,683 Cr

7. Sectors - Food Products
Implementing Ministry/Department - Ministry of Food Processing Industries
Approved financial outlay over a five-year period - Rs 10,900 Cr

8. Sectors - High Efficiency Solar PV Modules
Implementing Ministry/Department - Ministry of New and Renewable Energy
Approved financial outlay over a five-year period - Rs 4,500 Cr

9. Sectors - White Goods (ACs & LED)
Implementing Ministry/Department - Department for Promotion of Industry and Internal Trade
Approved financial outlay over a five-year period - Rs 6,238 Cr

10. Sectors - Speciality Steel
Implementing Ministry/Department - Ministry of Steel
Approved financial outlay over a five-year period - Rs 6,322 Cr

 

Representative Image

#UnionCabinet
11-November-2020
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Cabinet Decision: Approves Continuation and Revamping of the Scheme for Financial Support to PPPs in Infrastructure VGF Scheme

 

Cabinet Committee on Economic Affairs (CCEA) has approved Continuation and Revamping of the Scheme for Financial Support to Public-Private Partnerships in Infrastructure Viability Gap Funding VGF Scheme

The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved continuation and revamping of the Scheme for Financial Support to Public-Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) Scheme till 2024-25 with a total outlay of Rs. 8,100 cr.

The revamped Scheme is mainly related to the introduction of the following two sub-schemes for mainstreaming private participation in social infrastructure:

Sub scheme -1

This would cater to Social Sectors such as Waste Water Treatment, Water Supply, Solid Waste Management, Health and Education sectors etc. These projects face bankability issues and poor revenue streams to cater fully to capital costs. The projects eligible under this category should have at least 100% Operational Cost recovery. The Central Government will provide a maximum of 30% of Total Project Cost (TPC) of the project as VGF and State Government / Sponsoring Central Ministry / Statutory Entity may provide additional support up to 30% of TPC.

Sub Scheme - 2

Another Sub scheme will support demonstration/pilot social sectors projects. The projects may be from the Health and Education sectors where there is at least 50% Operational Cost recovery. In such projects, the Central Government and the State Governments together will provide up to 80% of capital expenditure and up to 50% of Operation & Maintenance (O&M) costs for the first five years. The Central Government will provide a maximum of 40% of the TPC of the Project. In addition, it may provide a maximum of 25% of the Operational Costs of the project in the first five years of commercial operations.

Since the inception of the scheme, 64 projects have been accorded 'final approval' with Total Project Cost of Rs. 34,228 crore and VGF of Rs. 5,639 crore. Till the end of Financial Year 2019-20, VGF of Rs. 4,375 crore has been disbursed

The aim of the scheme is to promote PPPs in social and Economic Infrastructure leading to efficient creation of assets and ensuring their proper Operation and Maintenance and make the economically/socially essential projects commercially viable. The scheme would be beneficial to the public at large as it would help in the creation of the Infrastructure for the country.

The new Scheme will come into force within one month of the approval of Cabinet. Proposed amendments under the revamped VGF scheme would be suitably incorporated in the Guidelines for the Scheme. All steps will be taken up for the promotion of the revamped VGF and in the monitoring of the supported projects

Revamping of the proposed VGF Scheme will attract more PPP projects and facilitate the private investment in the social sectors (Health, Education, Waste Water, Solid Waste Management, Water Supply etc.). Creation of new hospitals, schools will create many opportunities to boost employment generation.

 

#CCEA #UnionCabinet
11-November-2020

Union Cabinet approves 4 crucial MoUs

The Union Cabinet, chaired by Prime Minister Narendra Modi on 4th November 2020, approved signing of the following crucial MoUs:

  1. The Memorandum of Understanding (MoU) between Indian Institute of Astrophysics (IIA), Bengaluru and the Instituto de Astrofisica de Canarias (IAC) and the GRANTECAN, S.A. (GTC), Spain to develop scientific and technical collaborations in astronomy field.
  2. The Memorandum of Understanding (MoU) between the Ministry of Communications of the Republic of India and the Department of Digital, Culture, Media and Sports (DCMS) of United Kingdom Government on cooperation in the field of Telecommunications/Information and Communication Technologies (ICTs).
  3. The Memorandum of Understanding (MoU) between the Central Drugs Standard Control Organization (CDSCO), India and the United Kingdom Medicines and Healthcare Products Regulatory Agency (UK MHRA) on cooperation in the field of medical Product Regulation.
  4. The Memorandum of Understanding (MoU) between India and Israel on cooperation in the field of Health and Medicine.

#UnionCabinet
05-November-2020

India, Cambodia to cooperate in health sector

The Union Cabinet today approved the signing of the Memorandum of Understanding (MoU) between India and Cambodia on cooperation in the field of Health and Medicine, a government press release said.

The bilateral MoU will encourage cooperation between the two countries through joint initiatives and technology development in the health sector. The main areas of cooperation between the two governments include mother and child health, family planning, HIV/AIDS and TB, drugs and pharmaceuticals, technology transfer, public health and epidemiology etc, the release stated.

#India #UnionCabinet #Cambodia
29-October-2020

India to enhance ICT infrastructure with Japan

The Union Cabinet, chaired by Prime Minister Narendra Modi, today gave its approval for signing Memorandum of Cooperation (MoC) between India and Japan on bilateral cooperation in the field of Information and Communication Technologies (ICT) for strengthening ICTs infrastructure in the country, a government press release said.

The MoC will help in cooperation between two countries in various fields like 5G network, telecom security, submarine cable, standard certification of communication equipment, utilization of latest Wireless Technologies and ICTs, ICTs capacity building, Public Protection and Disaster Relief, Artificial Intelligence / Block Chain, Spectrum Chain, Spectrum Management, Cooperation on Multilateral platforms etc, the release stated. 

The MoC will serve as a strategic initiative for India as Japan is an important partner with "Special Strategic and Global Partnership" status.

#India #Japan #UnionCabinet
29-October-2020