Cabinet Decisions Details
Cabinet Decision taken on 12th of January, 2022 (6)
1. Faster Flood & Erosion Management ● Approval to purchase of land directly from landowners instead of the general procedure of Land Acquisition to implement externally-aided projects for flood and erosion management works. ● This will help reduce of time taken to complete the purchase process from 50 months to 6 months.
2. Boost to Assam Petrochemicals Ltd. • Investment of Additional Equity Share Capital of ₹55.25 crore by the Assam Government and ₹8.75 crore by SPSU Assam Gas Company Ltd in the Expansion Project of Assam Petrochemicals Ltd (APL). • Alteration of MoA of APL for Enhancement of Authorized Share Capital of APL from ₹500 crore to ₹750 crore. MoA to empower APL to enhance Authorised Share Capital for Issuance of additional