Prime Minister Narendra Modi chairs a cabinet meeting as ministers maintain social distancing in the wake of coronavirus pandemic. (Source: Amit Shah/ Twitter Via PTI)
6 years ago
Mar 25, 2020
The Union Cabinet, headed by Prime Minister Narendra Modi, is set to announce decisions taken in a meeting at 3 p.m. The conference will be led by Information & Broadcast Minister Prakash Javdekar.
The cabinet has approves extension of scheme for Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups from April 1, 2020 onward till the scheme is merged with Remission of Duties and Taxes on Exported Products.
The cabinet has approved the recapitalisation of regional rural banks to improve their capital to risk-weighted assets ratio. Utilisation of Rs 670 crore has been approved as the central government’s share for this scheme.
The central government will provide 7Kg ration to 80 crore people in India, Union Minister Prakash Javadekar announced after a cabinet meeting. Subsidised food grains will be provided—wheat at Rs 2 per kg and rice at Rs 3 per kg.
