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Cabinet approves leasing out of 6 airports through PPP; Check other key decisions here

News Nation Bureau | Edited By : Nabanita Chakorborty | Updated on: 08 Nov 2018, 11:52:38 PM
Cabinet approves leasing out 6 airports through PPP (File Photo)

New Delhi:

The Cabinet Committee on Economic Affairs (CCEA) Thursday approved the signing and ratifying of an extradition agreement between India and Morocco. The decision was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi. The agreement will be signed during a proposed VIP visit from Morocco from November 11-18, an official statement said.

The agreement will provide a strong legal base for the extradition of fugitive offenders who are accused of economic offences, terrorism and other serious offences in one state and found in the other state.

The Cabinet also approved the agreement between India and Morocco on mutual legal assistance in civil and commercial matters. This agreement between India and Morocco will enhance cooperation in the service of summons, judicial documents, letters of request and the execution of judgments decrees and arbitral awards.

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Besides that, the Cabinet cleared the strategic sale of government stake in Dredging Corporation of India to the consortium of four ports. The government currently holds 73.44 per cent in Dredging Corporation of India Ltd (DCIL).

The CCEA has also given approval for setting up of 'Central Tribal University of Andhra Pradesh'. It will be established in Relli village of Vizianagaram District. The proposed university will come up after necessary amendment in the Central Universities Act, Law and Justice Minister Ravi Shankar Prasad said.

Other key approvals by the Centre during Thursday's Cabinet meeting include the operation, management and development of Jaipur, Lucknow, Thiruvananthapuram, Guwahati, Ahmedabad and Mangaluru airports on PPP (Public-private partnership) model, Union Minister Ravi Shankar Prasad said.

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Also, the Union Cabinet Thursday approved laying down procedure and mechanism for sale of enemy shares.

Elaborating, Prasad said ‘In principle’ approval has been accorded for sale of enemy shares under the Custody of Ministry of Home Affairs/ Custodian of Enemy Property of India (CEPI), as per sub-section 1 of section 8A of the Enemy Property Act, 1968.

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First Published : 08 Nov 2018, 11:46:04 PM