Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.
If the Cabinet approves the long-pending Forward Contracts (Regulation) Amendment Bill, the regulator will be empowered to levy penalties besides getting the powers to approve options trading. In addition, it will pave the way for the entry of institutional players like mutual funds and foreign institutional investors into the trading arena, which many believe will deepen the markets. Similarly, the FMC will be able to decide on who can set up commodity exchanges.
Several amendments to the long-awaited Competition Bill, proposed by the parliamentary committee including more powers to the proposed Competition Commission, was cleared by the Union Cabinet.\n\n\n\n\n\n\n\n\n\n
The decision to make these changes to the Union Cabinet was apparently taken last week, but the timing of its announcement could not have been more unfortunate, writes Neerja Chowdhury
Railway Minister P K Bansal's continuance in the Union Cabinet hung in balance on Saturday night as the Congress and the government received a fresh battering in the wake of the arrest of his nephew on the charge of accepting bribe to fix plum position in the Railway Board.
The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the 2025-26 marketing season, a move that comes ahead of key state elections. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025. "Like for kharif crops, there is a significant increase in the MSP for rabi crops," Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing after the Cabinet meeting.
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said. The proposed projects, which will be fully funded by the Centre, will help increase the existing line capacity, smoothen train operations, reduce congestion and facilitate ease of travelling and transportation. The projects covering 35 districts in nine states -- Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Odisha, Jharkhand and West Bengal -- will increase the existing network of Indian Railways by 2,339 km and provide employment of an estimated 7.06 crore man-days to the people of the states.
The government on Friday said the Lokpal Bill is ready and will be placed before the Union Cabinet for approval in its next meeting where a decision on whether to put the prime minister in its purview would be also taken.
Concerned over the huge losses to oil PSUs including Indian Oil Corp in the absence of suitable revision in petro product prices, Petroleum Minister Mani Shankar Aiyar on Monday said he would raise the issue at the Union Cabinet.
A head count to identify the poor, including their caste and religion, was on Thursday approved by the government, which aims at ensuring that the benefits of the targeted subsidy programme reach them. A meeting of the Union Cabinet, chaired by Prime Minister Manmohan Singh, gave its nod for conducting a census in rural and urban areas to identify those living below poverty line. The enumeration on the basis of caste and religion would be part of the census.
The Union Cabinet's nod is required to give effect to the government decision to allow private carriers to fly to Colombo, Civil Aviation Minister Rajiv Pratap Rudy said on Wednesday.
The government told Portugal on December 12 that the gangster would not be given capital punishment if he were extradited to India.
Defence Minister A K Antony on Saturday said all members of the Union cabinet are equal, comments that come in the midst of a stand off between the Nationalist Congress Party and the Congress on issues including the Number 2 slot to Sharad Pawar.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.
After her elevation as defence minister, Sitharaman has become a member of the cabinet committee on security headed by the prime minister.
The deadline set by anti-corruption crusader Anna Hazare for passing the Lokpal Bill is inching closer, but the government seems to be in no hurry. Sources in the government said that the Union Cabinet is unlikely to discuss the Lokpal Bill on Sunday.
Singh's stand is untenable and his departure as inevitable.
Singh said it is the principle of BJP not to promote nepotism and fight against dynasty rule and his decision to resign is in line with the party's principles.
The Union Cabinet on Monday deferred a decision on hiking the salary and allowances of Members of Parliament though the issue was discussed in detail.
Indians living in United States, the United Kingdom, Australia, Canada, Finland, Ireland, the Netherlands and Italy will be able to apply for dual citizenship.
The Congress on Monday said it welcomed the reported move as the party has been raising the demand for long.
Protesters in Bangladesh have attacked and torched houses of leaders of Sheikh Hasina's Awami League across the country, while murals of the country's founder Sheikh Mujibur Rahman were demolished and defaced in nearly two dozen districts. The unrest sparked after a live online address of Hasina, who is living in India following a massive student-led protest that toppled her Awami League's 16-year regime. The protesters have also called for scrapping the 1972 Constitution and changing the national anthem.
'Someone who cannot even take his cabinet into confidence, how will he take the NDA alliance into confidence?'
The Bharatiya Janata Party on Wednesday slammed the United Progressive Alliance government which decided to withdraw the ordinance that sought to give protection to convicted lawmakers from disqualification, saying it has succumbed to "dynastic" pressure.
Expressing his ignorance about allegations that Justice (retd) A K Ganguly was framed for his 2G verdict, Health Minister Ghulam Nabi Azad on Monday said Union Cabinet has done whatever done in his matter.
The BJP has accused the Congress of politicising the death of former prime minister Manmohan Singh and levelling "baseless allegations" of disrespect and mismanagement at his State funeral. The Congress has countered by alleging that the government's arrangements for the funeral were a "shocking display" of disrespect. The row comes as the Congress alleges that the Centre did not allow news agencies except for DD (Doordarshan) to cover the funeral, did not provide enough space for Singh's family around the pyre, and did not stand up for the national flag during the gun salute. The BJP has refuted all of these charges.
In a significant message to the business lobby in Washington, the Union Cabinet on Thursday gave its nod to the Civil Nuclear Liability Bill.The move will encourage the nuclear power plant manufacturing companies, which have been eyeing the Rs 60,000-crore plus market in India, for the next 5-10 years. According to sources, the government will fix the civil liability at approximately Rs 2,400 crore for the manufacturers.
Prime Minister Manmohan Singh has removed Union Fertiliser Minister M K Alagiri and Textile Minister Dayanidhi Maran from two key sub-committees of the Union Cabinet. Both Alagiri and Maran are leaders of the Congress's ally DMK. In the wake of the multi-crore 2G spectrum scam, involving DMK leader and then telecom minister A Raja, the PM has been careful about allocating sensitive positions to the party's leaders.
Maharashtra Deputy Chief Minister Eknath Shinde has said he will extend all possible cooperation to Chief Minister Devendra Fadnavis and will work as a team. Addressing a news conference, Shinde described his tenure as chief minister as very successful and thanked Prime Minister Narendra Modi and Union Home Minister Amit Shah for their support. He also said the Mahayuti government secured a majority in the recent elections. Shinde said that when he was the chief minister, Fadnavis and Ajit Pawar extended cooperation to him and they worked as a team. He added that he will now be "dedicated to the common man" 24 x 7. In the first cabinet meeting after the swearing-in ceremony, officials were instructed to disburse the next instalment of the Ladki Bahin scheme to beneficiaries. Shinde also rubbished all talk of him being upset over not being made chief minister. He pointed out that 39 Shiv Sena MLAs were with him when he led a revolt in 2022, and today, the party has 57 MLAs, which he asserted was a seal of approval from the people. Shinde was given a rousing welcome at Anand Ashram, the headquarters of the Shiv Sena in Thane, following the swearing-in ceremony. Several hundred party workers thronged the area carrying placards and shouting slogans in his praise.
The Union Cabinet will soon consider a comprehensive Special Economic Zones Bill, which would lay down guidelines for their development, operation and management.
Prime Minister Dr Manmohan Singh is all set to carry a major reshuffle in his Cabinet that is scheduled to take place around 11:30 am on Sunday. The reshuffle is likely to see the inclusion of several young faces
The Enemy Property Act has turned two senior cabinet ministers into adversaries. Salman Khurshid, minister for corporate affairs and minority issues, directly targeted Home Minister P Chidambaram during the Union Cabinet meeting on Wednesday.
The Union Cabinet rejected the ordinance route for a set of anti-corruption measures despite pressure from Congress Vice President Rahul Gandhi for bringing such laws.
His extension order was issued on Monday.
Bharatiya Janata Party leaders in Uttarakhand are disappointed over the state not getting a representation in the Union Cabinet with most of them maintaining that the party's impressive performance in the Lok Sabha polls in the hill state should have earned it a seat or two in Narendra Modi's council of ministers.
The Airports Authority of India (AAI) has asked for selective exemption from the order to seek permission from the Union cabinet before the sale or long-term lease of any land of the government or a government-controlled statutory body.
While Joon was a Congress rebel, Kadyan fought as an Independent after the BJP denied him ticket.
