New Delhi: The Cabinet Committee on Economic Affairs (CCEA) meeting today approved the creation of an Infrastructure Investment Trust for Power Grid Corporation. The cabinet has approved asset monetization under InvIT. The transmission line of the power grid will be monetized through this trust. In easy terms, the Central Government will raise capital by selling the assets of power grid subsidiaries. A target has been set to raise Rs 10,000 crore in the first phase.
The proposals related to the Ministry of Labor were discussed in the cabinet meeting. It is expected that labor reform proposals will be approved in the meeting. The wage code bill is to be amended during the meeting and some changes are to be made in the labor laws in view of the current situation. Three proposals related to this are likely to be approved. At the same time, the government wants to introduce and pass some bills in the parliament session that is going to start. Such important bills are also expected to be approved during this period.
Explain that in the cabinet meeting held last week, the government had approved the Mission Karmayogi scheme for government babus. Mission Karmayogi will be run under the National Program for Civil Services Capacity Building. Special training will be given to government officials under Mission Karmayogi.
Mission Karmayogi aims to prepare Indian civil servants for the future by making them more creative, imaginative, active, professional, progressive, energetic, capable, transparent and technology-enabled. The main goal of the scheme will be to increase the efficiency of government babus in Mission Karmayogi. Mission Karmayogi has been started to continuously increase the capacity of employees and officers after recruitment.
