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Delighted to know that in a span of 10 days there have been over 10 million downloads of the BHIM App: PM
BHIM App is a fine example of Make in India & how technology is being effectively used to end menace of corruption & black money: PM

The Prime Minister Shri Narendra Modi has expressed delight over 10 million downloads of BHIM App in a span of 10 days.

" Delighted to know that in a span of 10 days there have been over 10 million downloads of the BHIM App.

BHIM App has made transactions faster & easier, thus making it popular among the youth. The App is also beneficial for traders.

The BHIM App is a fine example of Make in India & how technology is being effectively used to end the menace of corruption & black money",  the Prime Minister said.

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Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries
June 28, 2017
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Cabinet gives ‘in principle’ approval for disinvestment of Air India and five of its subsidiaries 

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD).

(i) ‘In principle’ approval for considering strategic disinvestment of Air India and five of its subsidiaries.

(ii) Constitution of an Air India-specific Alternative Mechanism headed by Minister of Finance including Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to time and decide the following:

  1. Treatment of unsustainable debt of Air India;
  2. Hiving off of certain assets to a shell company;
  3. Demerger and strategic disinvestment of three profit-making subsidiaries;
  4. The quantum of disinvestment; and
  5. The universe of bidders.