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This is an archive article published on May 19, 2006

Cabinet nod to TAP, SSB Bill

The Union Cabinet today gave its in-principle nod for India to join the Turkmenistan-Afghanistan-Pakistan (TAP) natural gas pipeline.

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The Union Cabinet today gave its in-principle nod for India to join the Turkmenistan-Afghanistan-Pakistan (TAP) natural gas pipeline. The Indian Express had first reported that the proposal had been sent to the Cabinet by the Ministry of Petroleum and Natural Gas.

The Cabinet has now authorised the Ministry to hold discussions with all concerned parties and finalise the amendments to the inter-governmental agreement and framework agreement for the pipeline. The TAP project offers India the possibility of an alternative of source of gas supply to India.

The Cabinet approved the Sashastra Seema Bal (SSB) Bill, 2006, which will provide the SSB with their own Act like other border security forces.

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The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (amendment) Bill, 2005, was also given a nod. The Amendment Bill seeks to enhance the flexibility of the boards of directors and bring nationalised banks’ operations in tune with modern business practices.

I&B and Parliamentary Affairs Minister Priyaranjan Dasmunsi said, ‘‘The Bill is likely to be introduced in the current session of the Parliament.’’

Other Cabinet decisions:

Tourism agreement between India and Afghanistan

MoU with Sudan in agriculture and allied sectors

1,113 km of NHs to be upgraded, in addition to the 10,000 km under NHDP-III

Transfer agreement for sentenced persons between India and Bulgaria

Payment and Settlements Bill, 2006

Central Institute of Technology to be set up in Assam

Amendments in the Actuaries Bill, 2005

Official Amendment to the Government Securities Bill, 2004

Approach & key components of National E-Governance Plan approved

Tourism agreement between India and Poland

Amendments in the Cantonments Bill, 2003

Draft National Environment Policy approved

CCEA approves

Six-laning of Vadodara-Surat section on National Highway-8

Payment of outstanding salaries in 15 loss-making Central PSUs

Kusmunda Open Cast Expansion Project of SECL

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