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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its nod for ITI Ltd to bring a Further Public Offer for fresh equity shares to achieve 25 per cent Minimum Public Shareholding requirement of Securities and Exchange Board of India, raise working capital for new projects and to reduce its debt obligations
It also approved revision of energy norms under new urea policy. The CCEA also approved Central Sector ‘Integrated Scheme for Development of Silk Industry’ for sericulture sector.
The CCEA also approved continuation of Centrally Sponsored Scheme of Rashtriya Uchchatar Shiksha Abhiyan (RUSA) from April 1, 2017 to March 31, 2020.
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