Union Cabinet approves Pesticide Management Bill 2020

Union
Cabinet has approved the Pesticide Management Bill 2020. Information and
Broadcasting Minister Prakash Javadekar said, the legislation will promote
organic pesticides in the country. Major Ports Authority Bill to enhance
overall efficiencies of the ports was cleared by the Cabinet.

Cabinet has
also approved changes in the Direct Tax Vivad se Vishwas Bill, 2020. The bill
seeks to increase its scope to cover litigations pending in various debt
recovery tribunals (DRTs).

In another
decision, the Cabinet has given in-principle approval for capital infusion
of  2,500 crore rupees in three Public
Sector General Insurance Companies. They are Oriental Insurance Company
Limited, National Insurance Company Limited and United India Insurance Company
Limited.

The decision
has been taken in the wake of the critical financial position and breach of
regulatory solvency requirements of these companies.