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Air Marshal in Indian Air Force for a period of seventeen months from 01 December, 2014 to 30 April, 2016



Creation of a supernumerary post in the rank of Air Marshal in Indian Air Force for a period of seventeen months for abiding by the Orders of Hon’ble Armed Forces Tribunal (Principal Bench), New Delhi 
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today gave its approval for creation of a supernumerary post in the rank of Air Marshal in Indian Air Force for a period of seventeen months from 01 December, 2014 to 30 April, 2016 for abiding by the Orders of Hon’ble Armed Forces Tribunal (Principal Bench), New Delhi. The creation of the supernumerary post is over and above its sanctioned strength of Air Marshals in the Aeronautical Engineering branch, to enable the Ministry to consider seeking approval of the Appointment Committee of the Cabinet on promotion of AVM Sanjay Sharma, in accordance with the proceedings of Review Special Promotion Board -2014 in compliance with the directions of the Hon'ble Armed Forces Tribunal (Principal Bench), New Delhi. 


The creation will make certain the execution of the Orders of Hon'ble Supreme Court of India. After the sanction and subsequent to approval of Review Special promotion Board -2014 by ACC, AVM Sanjay Sharma will be considered for promotion to the rank of Air Marshal retrospectively from 01 December, 2014.


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Joint Declaration between India and Germany on the extension of the tenure of the Indo-German Science & Technology Centre (IGSTC) from 2017 till 2022 
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi was apprised about signing of a Joint Declaration between the Ministry of Science & Technology and the Federal Ministry of Education and Research of Germany on the extension of the tenure of the Indo-German Science & Technology Centre (IGSTC). The Declaration is for the extension of tenure of the bilateral IGSTC for a period of five years beyond 2017 till 2022. It provides for enhancement of funding allocation from 2 million Euros per year to a maximum of 4 million Euros per year by each side. The committed funding will be based on the principles of activity matching funding for supporting collaborative research partnerships of industrial relevance.

The joint research projects involving academia and industry from both countries will aim towards creation of new scientific knowledge base and the application of research results for technology development and application. This new declaration will enable IGSTC to further enhance, strengthen and improve research and technology cooperation of industrial relevance through cooperation between laboratories, academia and industry of both the countries. IGSTC will support and fund selected R&D projects linking research laboratories and industry (2+2 scheme) from India and Germany and assist in mobilizing resources to carry out collaborative industrial R&D projects.

Background:

The IGSTC was established under an agreement between the two Governments in October 2007 and started operation in 2011. Presently IGSTC is supporting joint industrial R&D projects in areas such as (a) advanced manufacturing (b) biomedical devices & healthcare (c) nanotechnology (d) automobile engineering (e) water sensors (f) clean energy technology and (g) information and computing technology. 
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Cabinet approves formation of Joint Venture Companies with State Governments to mobilize resources for undertaking various rail infrastructure projects in the State 
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for allowing the Ministry of Railways to form Joint Venture Companies with the State Governments to mobilize resources for undertaking various rail infrastructure projects in States. The Joint Venture Companies would be formed with equity participation of Ministry of Railways and concerned State Governments. Each Joint Venture (JV) would have an initial paid up capital of Rs. 100 crores based on the quantum of projects to be undertaken. The Ministry of Railways’ initial paid-up capital will be limited to Rs. 50 crore for each State. Further infusion of fund/equity for the purpose of the projects shall be done after approval of the project and its funding at the level of appropriate competent authority.

The JV can also form project-specific SPVs with equity holding by other shareholders like Banks, ports, public sector undertakings, mining companies etc. The Joint Venture exercise would ensure greater participation of State Governments in implementation of Railway Projects both in terms of financial participation as well as decision making process. This will also facilitate in faster statutory approvals and land acquisition. Besides travelling people, various cement, steel, power plants etc. would get the necessary rail link for transportation of their raw material and finished products. 


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