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English Release 30-July 2014
Date Month Year
  • President's Secretariat
  • President of India condoles the loss of lives in landslides in Pune
  • President congratulates medal winners in Commonwealth Games
  • The Rashtrapati Bhavan Museum will open for public viewing from August 1, 2014
  • Prime Minister's Office
  • PM condoles loss of lives in landslide in Pune district
  • Sikkim Governor calls on PM
  • Full text of PM's address at 86th ICAR Foundation Day
  • Min for Develop. of North-East Region
  • Developing Ecosystem in North Eastern Region
  • Assistance to North Eastern Region under Special Accelerated Development Programme
  • Min of Commerce & Industry
  • Subsidy Given to Agri Exporters
  • Grant of Infrastructure Status to Hotel Industry
  • No Increase in Import Duty on Apple
  • Relaxation of Conditions for FDI in Different Sectors
  • Effect of Fall in Prices of Natural Rubber
  • Jobs Created Through Manufacturing Units
  • Production of Fine Quality Tea in Uttarakhand
  • US Opposition to Section 3(D) of the Indian Patent Act
  • Min of Culture
  • Funds for World Heritage Sites
  • Restoration and Maintenance of Monuments
  • Min of Defence
  • Air Chief Marshal Arup Raha Takes Over as New COSC
  • Min of Earth Science
  • Doppler Weather Radars
  • Impact of Abnormal Weather Condition
  • COMAPS
  • Min of Environment and Forests
  • Joint Working Group – Important Platform for addressing concerns of Environment and Sustainable Development: Shri Prakash Javadekar US Special Envoy for Climate Change meets Shri Prakash Javadekar
  • Min of External Affairs
  • Supply of Uranium for peaceful uses of Nuclear Energy
  • Step Taken by Government to Reduce Delay in Passport Issuance
  • States of Indo-Us civil nuclear deal
  • Ruling on Maritime boundary between India and Bangladesh
  • Land corridor to religious places in Pakistan
  • Indo-UK Ties
  • Hindi as official language in UN
  • Haj Pilgrimage
  • Expulsion of Indian journalists by Pakistan
  • Diplomats in Indian Missions Abroad
  • Ministry of Finance
  • Union Finance Minister to Hold Meeting with the Chief Executive Officers (CEOs) of Public Sector Banks and Financial Institutions on Comprehensive Financial Inclusion Plan and Other Issues Tomorrow
  • Min of Home Affairs
  • Review of Security Cover to VIPs
  • Claims for Freedom Fighter Pension
  • ILLICIT Drug Cultivation
  • Proposal to Restructure NDMA
  • Refugees and Illegal Migrants
  • Bharat Ratna for Major Dhyan Chand
  • Min of Human Resource Development
  • Institutions of Higher Education in Andhra Pradesh & Telangana
  • Uniform Regulatory Framework for Universities
  • Increase is Expenditure on School Education
  • Changes in Education System
  • Joint Executive MBA Programme of IIT Bombay & WUSIL
  • National Madarsa Modernization Programme
  • Reforms in Higher Education
  • Reason for Reverting to 3 Years Undergraduate Degree in Delhi University
  • Government to Formulate New Education Policy
  • Decrease in out of School Children
  • Minority Youths in Higher Education
  • Min of Labour & Employment
  • Steps Taken by the Government for Construction Workers
  • Amalgamation of Schemes
  • Revision of EPF Pension
  • Amendment to Archaic Factories Act, 1948
  • Labour Plantation Act, 1951
  • Safety at Workplaces
  • Welfare of Industrial Workers
  • Interest Rate on EPF
  • Min of Micro,Small & Medium Enterprises
  • Funding to MSME
  • Virtual Network for MSME
  • De-Reservation of Items from Small Scale Sector
  • Production in MSME
  • Growth in MSME Sector
  • Impetus to Young Entrepreneurs in MSME
  • Production/Export of Khadi
  • Indian Institute of Entrepreneurship
  • Min of Mines
  • Geological Survey of India
  • Development of Mining Areas
  • Mining of Iron Ore in Maharashtra
  • Min of Overseas Indian Affairs
  • Non- Resident Indians Investment Facilitation through Overseas Indian Facilitation Centres
  • Non- Resident Indians Investment Facilitation through Overseas Indian Facilitation Centres
  • Min of Personnel, Public Grievances & Pensions
  • Officials with Doubtful Integrity
  • Grievances of Pensioners
  • Performance Related Incentives
  • Eradication of Corruption
  • CBI Investigation
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Press Release
  • Roadmap for Exploitation of Methane
  • Measures to Increase Exploration of Gas and Oil
  • Steps to Make Cities Kerosene Free
  • Fiscal Subsidy on Domestic LPG
  • Global crude oil price of Indian Basket increased to US$ 106.34 per bbl on 29.07.2014
  • Ministry of Railways
  • Ministry of Railways Clarifies that There is No Plan Whatsoever to Replace All Second Sleeper Coaches with AC Coaches in Mail and Express Trains
  • Min of Statistics & Programme Implementation
  • Provisional Results of Sixth Economic Census
  • Min of Steel
  • Iron-Ore Supplied by NMDC
  • Review of Safety and Security of Steel Plants
  • Min of Textiles
  • Santosh Gangwar Launches MIS for Skill Scheme
  • Ministry of Tourism
  • Steps taken to attract Foreign Tourists
  • Countering Negative Publicity of India in International Media
  • Foreign Tourists
  • National Mission to encourage Pilgrimage Tourism
  • Promotion of Cyclopean Walls in Rajgir, Bihar as Tourist Destination
  • India and Australian State of Victoria discuss further strengthening of bilateral cooperation in Tourism Sector
  • Min of Urban Development
  • 16 Former Ministers Served Eviction Notices For Unauthorized Stay; Owe Damage Charges of Rs.21 Lakhs Per Month
  • 16 Former Ministers Served Eviction Notices for Unauthorized Stay; Owe Damage Charges of Rs.21 Lakhs Per Month
  • Min of Youth Affairs & Sports
  • India won 10 medals on day 6 of CWG 2014

Previous Date

 
Cabinet Committee on Economic Affairs (CCEA)24-December, 2009 13:40 IST
Reservation quota for M/s. ITI Ltd.
CCEA Decision

CCEA Decision

 

            The Cabinet Committee on Economic Affairs (CCEA) today approved the following proposal of Department of Telecommunications regarding continuation of reservation quota for M/s. ITI Limited:

(i)       To continue the reservation quota at 30% of the requirement of BSNL/MTNL for ITTI for products manufactured by it as well as on turn key projects (like GSM network roll-out).

 

(ii)     ITI would accept orders under reservation quota only after the price is known and further if the same is commercially viable.

 

(iii)    BSNL/MTNL will give 70% advance against the orders placed on ITI so that ITI does not face the problem of working capital for the execution of the orders subject to adequate safeguards for proper utilization of these advances.

 

(iv)    The aforesaid policy measures shall remain in force for a period of one year w.e.f. 21.09.2009 and shall again be reviewed considering the financial health of ITI and advantages derived in revival package as decided by CCEA in its meeting dated 23.02.3009.

Background

            M/s. ITI Ltd., Bangalore, a Public Sector Undertaking under Ministry of Communication & IT, Department of Telecommunications (DoT) has incurred accumulated loss of Rs.3219 crore as on 31.03.2009.

            The financial position of M/s. ITI is very bad.  CCEA, in its meeting held on 28.01.2009 also directed DoT to bring up a comprehensive proposal for financial restructuring of M/s. ITI Limited.  Accordingly, a revival package for ITI Limited is under consideration of the Department of Telecom.

            In order to enable ITI to survive in the competitive environment of telecom manufacturing, BSNL and MTNL have been extending reservation benefit of 30% alongwith 70% advance to ITI Ltd.  The validity of reservation benefit extended to ITI expired on 20.09.2009.

Implementations Strategy and Targets:

            BSNL and MTNL will be requested to extend the benefit of reservation quota to ITI Limited for a period of one year w.e.f. 21.09.2009.

Major Impact

            The extension of the benefit of 30% reservation quota with 70% advance from BSNL and MTNL will ensure enough orders for ITI for the production activities. 

Details and Progress of Scheme if already running

            CCEA in its meeting held on 20.09.2006 had extended the benefit of 70% reservation quota for ITI for a period of three years which has since expired on 20.09.2009.

**********

 

HS/SH/LV

 


(Release ID :56453)

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