The Union Cabinet on Tuesday approved an
additional one per cent dearness allowance (DA) for central
government employees, and the introduction of the Payment of Gratuity Bill in
Parliament to revise the gratuity cap for private sector
employees.
The
Union Cabinet, which on Tuesday met for the first time since the
Narendra Modi-led central government effected its third reshuffle on
September 3, also cleared setting up of a separate company to own the
mobile tower assets of BSNL. This company would be hived off from BSNL
Among
other key approvals, the Cabinet cleared the decks for the
implementation of the ‘Dairy Processing & Infrastructure Development
Fund’ scheme and six-laning of the Narasannapeta-Ranastalam section of
the National Highway - 16 in Andhra Pradesh.Source:www.business-standard.com
