Cabinet approves 'Samudra Manthan' (National Offshore Exploration Scheme) with an outlay of Rs.84,084 crore
July 31st, 04:17 pm
The Union Cabinet chaired by PM Modi has approved 'Samudra Manthan' – the National Offshore Exploration Scheme with an approved outlay of Rs.84,084 crore for implementation up to FY 2030-31. The Scheme is expected to stimulate significant investments across the exploration and production value chain, creating long-term opportunities for industry, innovation and economic growth.Cabinet approves Price Stabilization Fund for Scheduled Indian Airlines towards ATF pricing
June 03rd, 03:12 pm
The Union Cabinet chaired by PM Modi has approved a ₹10,000 crore ATF price stabilisation support mechanism to shield Indian airlines from global fuel volatility amid the West Asia crisis. The move will help maintain stable air connectivity, reduce fare volatility, support regional routes under UDAN and strengthen aviation-linked sectors including tourism, logistics and hospitality.