Check Cabinet decisions taken today by Modi government - BIG DEVELOPMENTS

In a major development, Modi Government took a number of decisions including approval to retail policy for petrol to be sold by private players, revival plan of the BSNL and MTNL and special fund management for these telecom company's employees taking retirement under VRS (Voluntary Retirement Scheme). The decisions were taken in a Cabinet meet.

According to the Zee Business, the government of India has decided to revive the BSNL and MTNL and for this Rs 14,000 crore fund has been allocated. Apart from this, this corpus of Rs 14,000 will be used to give VRS benefits to the employees of both BSNL and MTNL.

See Zee Business ive Tv streaming below:

TRENDING NOW

Anil Singhvi strategy December 1: Important levels to track in Nifty50, Nifty Bank today

RBI fines Bank of America, N.A., HDFC Bank

FIRST TRADE: Nifty hits record high, Sensex up 300 pts post-encouraging Q2 GDP print

Telangana Exit Poll 2023: Will BRS return to power for third consecutive term?

Instagram Threads now supports 'all languages' in search

Rajasthan Assembly Election Exit Polls Results 2023 LIVE: BJP holds edge in close fight with Congress in Rajasthan — Check BJP, Congress seat projection

Flair Writing IPO Listing LIVE updates: Strong listing expected today

Madhya Pradesh Election Exit Polls Results 2023 Live: Congress and BJP neck and neck in Madhya Pradesh; Check BJP, Congress seats

Share Market Today LIVE: Nifty scales all-time high of 20,222.8, Sensex trades nearly 300 pts higher

Chhattisgarh Exit Poll Results 2023 Live: Will Congress retain power in state? Here is what exit polls suggest

OPEC+ agrees to deepen voluntary oil output cuts

India vs Australia 4th T20I Free Live Streaming: When and Where to watch IND VS AUS T20I series Match LIVE on Mobile Apps, TV, Laptop, Online

Nifty 50 set to open at new record high, buoyed by strong growth data

HAL, Biocon, HPCL, Wipro: Stocks to watch out for on Friday

Dow rallies to year's highest close, caps blockbuster month

कैबिनेट ब्रीफिंग LIVE https://t.co/4300EBCFDg

— Zee Business (@ZeeBusiness) October 23, 2019

Here are the key takeaways of today's Modi cabinet decisions:

1] Approval to retail policy for petrol to be sold by private players

2] Revival of BSNL and MTNL

3] Rs 14,000 crore special fund for BSNL and MTNL revival plan

#CabinetDecisions | कैबिनेट की बैठक में लिए गए कई अहम फैसले, #MTNL- #BSNL को मिलेगा 4G स्पेक्ट्रम#CabinetBriefing #CabinetMeeting #BSNL_Revival @sameerdixit16 pic.twitter.com/O69HQi2sN5

— Zee Business (@ZeeBusiness) October 23, 2019

4] Rs 10,000 crore for BSNL and Rs 4,000 for MTNL

5] This Rs 14,000 crore fund will be used to give retirement benefits of the BSNL and MTNL employees retiring under the VRS

6] MSP for wheat increased by Rs 85 to Rs 1925 per quintal

7] Rs 15,000 crore sovereign bond approved

#CabinetDecisions | #BSNL #MTNL का होगा मर्जर, कैबिनेट ने रिवाइवल योजना को दी मंजूरी #CabinetMeet pic.twitter.com/MaqwXS1cw9

— Zee Business (@ZeeBusiness) October 23, 2019

8] Cabinet has taken historic decision to give ownership rights to 40 lakhs people living in unauthorised colonies in Delhi

9] The government has also decided to cadre review of ITBP which has now gone up to 88000 to improve their efficiency.