Cabinet approves capitalisation of 3 Public Sector Insurance Companies
The Union Cabinet on Wednesday approved the capitalisation of three Public Sector Insurance Companies-- National General Insurance, United India Insurance and Oriental Insurance Company with Rs 2,500 crore.
- Country:
- India
The Union Cabinet on Wednesday approved the capitalisation of three Public Sector Insurance Companies-- National General Insurance, United India Insurance and Oriental Insurance Company with Rs 2,500 crore. Addressing a press conference here, Union Minister Prakash Javadekar also said that the Cabinet has decided that Pesticide Management Bill, 2020, will be introduced in this session of Parliament.
"The Bill aims at protecting farmers' interests by ensuring that they get safe and effective pesticides," he said. The Cabinet has approved signing of an MoU between India and Iceland in the field of Sustainable Fisheries Development, he said.
The Union Cabinet has also approved a protocol amending the Agreement between India and Sri Lanka for avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The changes in ''Vivad se Vishwas'' Bill to expand the scope of the Bill have also been approved in the cabinet meeting. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
INSIGHT-Obscure trust links India's top businesses with Modi's election war chest
Citing India, US lawmakers vote on bill to regulate TikTok ownership
Four, including three Indians, arrested while entering US illegally from Canada
Indian American indicted in a Ponzi scheme
Navarro beats Sabalenka in 3 sets, Gauff advances to quarters on her birthday at Indian Wells