Page 37 - NIS English September 1-15

Cabinet

NRA TO HELP MILLIONS OF JOB SEEKERS

Employment, agriculture, power, travel and MSMEs have been some
of the key areas in which the Government stepped in to facilitate
people by taking some important decisions

DECISION: Approval for creation of National ensure payments by State Governments to
Recruitment Agency (NRA) to conduct a DISCOMs.
common eligibility Test. DECISION: Approval for leasing out
BENEFITS: A common eligibility Test three airports namely Jaipur, Guwahati and
would enable candidates to appear once and Thiruvananthapuram of Airports Authority
apply to any or all recruitment agencies for of India (AAI) for Operation, Management
the higher level of examination. and Development through Public Private
DECISION: Approval for Fair Partnership (PPP).
and Remunerative Price (FRP) of BENEFITS: PPP experiments
sugarcane has been increased have helped creating world class
to Rs 285 per quintal for basic airports besides delivery of efficient
recovery rate of 10%. and quality services to the airport
BENEFITS: This will benefit passengers.
about 1 crore farmers and their SCAN QR CODE DECISION: To improve the cash
FOR CABINET
families. The increased FRP is a BRIEFING flow of MSMEs, whose payments
morale booster for the hardworking against supplies are stuck for more
farmers of the country. than 90 days, the Cabinet decided

DECISION: One-time relaxation to Power to allow all non-banking financial companies
Finance Corporation (PFC) and Rural to participate in the trade receivables
Electrification Corporation (REC) for extending discounting system, instead of limiting it to
loans to Distribution Companies (DISCOMs) only select NBFCs.
above limits of working capital cap of 25% BENEFITS: The decision reflects upon
of last year’s revenues under Ujwal DISCOM Government’s commitment towards
Assurance Yojana (UDAY). reforms and transparency. This decision will
BENEFITS: The relaxation would help in encourage competition in MSME sector and
providing liquidity to the power sector and will ensure liquid flow. n

New India Samachar 35