Public Sector Banks, Private Sector Banks, Cooperative Banks, Regional Rural Banks and NABARD for providing short term crop loan to farmers

The Union Cabinet has approved the Interest Subvention Scheme for farmers for the year 2016-17. The Government has earmarked a sum of Rs. 18,276 Crore for this purpose. 

This will help farmers getting short term crop loan payable within one year up to Rs. 3 lakhs at only 4% per annum. 

MoU between India and Mauritius in the field of Rural Development and Poverty Alleviation

Union Cabinet has approved signing of a Memorandum of Understanding (MoU) between India and Mauritius. 

Import of pulses through long-term contract with Mozambique

The Union Cabinet has approved a long-term contract by signing a Memorandum of Understanding (MoU) with Mozambique for import of pulses either through the private channels or Government-to-Government (G2G) sales through State Agencies nominated by the two countries. 

National Apprenticeship Promotion Scheme

The Union Cabinet has approved a National Apprenticeship Promotion Scheme

The Scheme has an outlay of Rs. 10,000 crore with a target of 50 lakh apprentices to be trained by 2019-20

Major port at Enayam near Colachel in Tamil Nadu

The Union Cabinet chaired has given its 'in-principle' approval for setting up a Major port at Enayam near Colachel in Tamil Nadu