Cabinet decisions for discoms, sugarcane farmers, job seekers: All you need to know – Times of India

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NEW DELHI: The Union Cupboard on Wednesday permitted main choices to supply liquidity to energy sector, ease recruitment course of for central authorities jobs and elevated the truthful and remunerative Worth (FRP) of sugarcane to guard the curiosity of the farmers, in a gathering chaired by Prime Minister Narendra Modi.
Briefing the media concerning the choices taken, data and broadcast minister Prakash Javadekar stated that the revolutionary bulletins will present a lift to employment within the nation and spur progress.
Listed here are the important thing choices taken by the Cupboard:
* Creation of Nationwide Recruitment Company
Initiating a ‘landmark reform’ in recruitment course of, the Union Cupboard permitted the creation of Nationwide Recruitment Company (NRA) for conducting a standard eligibility take a look at for central authorities jobs. This may enable job-seekers take one frequent take a look at and save value and time spent on writing a number of exams.
Javadekar stated that the NRA will result in ease of choice, ease of job placement and ease of residing, particularly for these sections of society which are thought-about deprived. It is going to additionally assist the poor and ladies who need to journey lengthy distances for taking exams for numerous jobs, he stated.
It’s envisioned that the NRA could be a specialist physique bringing the state-of-the-art know-how and greatest practices within the discipline of Central authorities recruitment, an official assertion stated. For now, the scores of the frequent take a look at might be utilized by three main recruitment businesses, however different businesses could be included over a time period.
* One-time rest in working capital restrict norm for discoms
A one-time rest in working capital restrict norm for discoms beneath the Ujwal DISCOM Assurance Yojana (UDAY) to get loans as a part of the Rs 90,000 crore liquidity infusion scheme has been permitted by the federal government. One-time rest will assist in offering liquidity to the facility sector and guarantee funds by discoms.
Union Minister Prakash Javadekar stated: “Energy sector has an issue. There’s a stoop in energy consumption. The payments are usually not being collected by them. PFC and REC have been allowed to present loans above the restrict…(of) greater than 25 per cent working capital restrict. This may improve liquidity of the state discoms.”
“The working capital restrict is 25 per cent of final yr’s income. Now, the restrict is relaxed,” he added.
* Proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports
Authorities additionally permitted the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram via public-private partnership (PPP).
In 2018, Adani Group had emerged as the very best bidder for six Airports Authority of India-run airports for working them in public-private partnership format for 50 years like those in Delhi and Mumbai. This February following a Cupboard nod, the Adani Group had signed agreements for working Ahmedabad, Lucknow and Mangaluru airports with AAI.
Now, with the Cupboard nod coming for the remaining three — Jaipur, Trivandrum and Guwahati, — their PPP course of will even go ahead. The Adani Group has deferred taking on the airports it obtained via bidding course of until later this yr for a while because of the pandemic’s affect on the general financial system.
In a tweet, civil aviation minister Hardeep Singh Puri stated, “In a momentous determination beneath the visionary management of PM Shri @narendramodi Ji, the Union Cupboard has given its stamp of approval for leasing of three extra airports at Jaipur, Guwahati & Thiruvananthapuram on PPP foundation.”
“PPP at these airports won’t solely assist in supply of environment friendly and high quality providers to the air passengers however will even assist @AAI_Official in enhancing its revenues & specializing in creating extra airports at Tier-II & Tier III locations,” he added.

* Improve in truthful and remunerative value of sugarcane
The minimal value sugar mills pay to sugarcane growers has been elevated by Rs 10 to Rs 285 per quintal for the following advertising yr beginning October 2020, authorities notified after the Cupboard assembly.
“The Union Cupboard has permitted truthful and remunerative value (FRP) of sugarcane payable by sugar mills for the season 2020-21 (October-September) based mostly on the suggestions of the Fee for Agricultural Prices and Costs (CACP),” an official launch stated.
FRP is the minimal value that sugar mills need to pay to sugarcane farmers. The worth has been fastened on the premise of a restoration charge of 10 per cent, whereas the farmers will get extra cash on the charge of Rs 2.85 per quintal, if the restoration charge is 0.1 per cent above 10 per cent. Nonetheless, the FRP could be decreased by Rs 2.85 for each 0.1 per cent discount in restoration under 10 per cent however solely up tp 9.5 per cent.
Equally, for sugar mills with restoration charge 9.5 per cent or under, authorities has fastened FRP payable to such farmers at Rs 270.75 per quintal.
Info and broadcasting minister Prakash Javadekar stated that the choice will profit 1 crore sugarcane growers
The FRP is set beneath Sugarcane (Management) Order, 1966 and might be uniformly relevant to all the nation.
(With company inputs)

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