{"id":1424,"date":"2019-12-11T21:48:23","date_gmt":"2019-12-11T16:18:23","guid":{"rendered":"http:\/\/www.bazaarindicator.com\/news\/?p=1424"},"modified":"2019-12-11T21:48:23","modified_gmt":"2019-12-11T16:18:23","slug":"yesterday-indian-cabinet-news","status":"publish","type":"post","link":"http:\/\/www.bazaarindicator.com\/news\/yesterday-indian-cabinet-news\/","title":{"rendered":"Yesterday&#8217;s Indian Cabinet News"},"content":{"rendered":"<p>INDIA CABINET APPROVES PARTIAL CREDIT GUARANTEE RULES TO ALLOW STATE-RUN BANKS TO BUY HIGH-RATED POOLED ASSETS FROM SHADOW LENDERS &#8211; STATEMENT<\/p>\n<p>INDIA CABINET APPROVES INSOLVENCY AND BANKRUPTCY CODE SECOND AMENDMENT BILL<\/p>\n<p>INDIA IBC AMENDMENT BILL TO STREAMLINE RESOLUTION PROCESS, BOOST INVESTMENT IN FINANCIALLY DISTRESSED SECTORS<\/p>\n<p>Cabinet approves &#8220;Partial Credit Guarantee Scheme&#8221; for purchase of high-rated pooled assets from financially sound NBFCs\/HFCs by PSBs<\/p>\n<p>Move will help NBFCs\/HFCs resolve their temporary liquidity issues, and enable them to continue contributing to credit creation.<\/p>\n<p>Cabinet authorises NHAI to set up Infrastructure Investment Trust and monetize National Highway projects.<\/p>\n<p>Cabinet approves Aircraft (Amendment) Bill to enhance safety and security of aircraft operations; Bill enhances the maximum limit of fine from the existing Rs. 10 lakhs to Rs. 1 Crore.<\/p>\n<p>Cabinet approves the proposal for increase in authorized capital and equity support to India Infrastructure Finance Company Limited (IIFCL)<\/p>\n<p>The authorized capital of IIFCL to rise from Rs. 6,000 crore to Rs. 25,000 crore, enabling it to finance big-ticket infrastructure projects<\/p>\n<p>Cabinet approves Agreement on Social Security between India and Brazil<\/p>\n<p>Cabinet approves revision in the Funding Pattern of Delhi Metro\u2019s three Priority Corridors of Phase \u2013 IV.<\/p>\n<p>Update: Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill. Cabinet approves raising IIFCL&#8217;s authorized capital to Rs 25,000 crore from Rs 6,000 crore currently. Cabinet authorizes NHAI to set up Infrastructure Investment Trust. (Supportive for NBFCs ,HFCs, and Infrastructure sectors)<\/p>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 100px; top: 662.6px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>INDIA CABINET APPROVES PARTIAL CREDIT GUARANTEE RULES TO ALLOW STATE-RUN BANKS TO BUY HIGH-RATED POOLED ASSETS FROM SHADOW LENDERS &#8211;&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yesterday&#039;s Indian Cabinet News - News Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.bazaarindicator.com\/news\/yesterday-indian-cabinet-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yesterday&#039;s Indian Cabinet News - 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