The Cabinet today approved hike in import duty of sugar to 40% from current 25% and withdrew duty free import of raw sugar. Both measures are aimed at curbing overseas supplies. It has also removed a 12.36% excise duty on ethanol supplied for blending with petrol. Also in another move, ...

The Union Cabinet today approved amendments to the Prevention of Corruption Act, 1988, that provide for classifying corruption as a heinous crime and longer prison terms for both the bribe giver and the bribe taker. The refurbished anti-corruption law will stipulate that all corruption trials will be completed within two ...

A meeting chaired by Prime Minister Narendra Modi approved Smart Cities Mission for development of 100 smart cities and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) of 500 cities with outlays of Rs 48,000 crore and Rs 50,000 crore respectively. The Cabinet also approved central funding under AMRUT to ...