In the Union Cabinet meeting, chaired by Prime Minister Narendra Modi, the government approved seven important decisions.
The decisions taken by the cabinet are listed below:
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- Approved the protocol amending the Convention and the Protocol between India and Israel and Vietnam to avoid double taxation and prevent fiscal evasion of taxes on income and on capital.
- Production Linked Bonus (PLB) for Railway employees. For the fifth consecutive year, 78 days’ worth PLB will be paid to the employees. This decision will cost the government Rs 1030.02 crore. Non-gazetted as well as gazetted employees will benefit from this.
- Three new AIIMs – one in West Bengal, Andhra Pradesh and Maharashtra (Vidarbha) each – under the Pradhan Mantri Swasthya Suraksha Yojna (PMSSY) were sanctioned.
- Approved, ex-facto, the protocol signed between India and Seychelles for co-operation in the field of blue economy (marine based economic development leading to improved human well being and social equity). The protocol was signed on August 26, 2015 when President of Seychelles visited India.
- National War Memorial and a National War Museum at Princess Park, near India Gate, New Delhi for more than 22,500 soldiers who have lost their lives. The project will cost an estimate of Rs 500 crore.
- A Memorandum of Understanding (MoU) and Agreement with Kazakhstan and Turkmenistan, signed on July 2015, on co-operation in field of sports was approved. Bilateral exchange programmes will be a part of the efforts.
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