CCEA has approved the revised cost estimate proposal of the ministry of mines for sanction of Rs549.50 crore for the research vessel which will replace RV Samudra Manthan.
India may soon get a new floating research laboratory that would help scientists map and explore the vast mineral resources embedded under the sea.
The cabinet committee on economic affairs (CCEA), at a meeting chaired by Prime Minister Manmohan Singh, today gave its nod to the Geological Survey of India (GSI) to acquire a new research vessel for seabed survey and exploration for non-living resources.
An official statement said the CCEA has approved the revised cost estimate proposal of the Ministry of mines for sanction of Rs549.50 crore for the research vessel which will replace RV Samudra Manthan.
"This tailor made new multi-disciplinary research vessel fitted with state-of-the-art equipment is meant for undertaking geological, geophysical and geo-chemical mapping of the seabed," the statement said.
The data generated, will be useful for creating and updating national database which will be useful for undertaking research in the fields of earth science, oceanography and offshore mineral resources and exploitation of mineral resources embedded under the sea, it added.
The Union cabinet also approved the proposal to amend the Administrators-General Act, 1963 to raise the monetary limit for grant of Administrators-General certificate from Rs2 lakh to Rs10 lakh.
Administrators-General certificate is a very cheap remedy which short-circuits, on the death of a person, the requirement of going to a probate court for obtaining letters of administration.
The government had decided to move the Administrators- General (Amendment) Bill, 2011 in the Monsoon session of Parliament to amend certain sections of the Administrators- General Act, 1963 to raise the monetary limit.
The proposed Bill is also a measure to curtail the delay and expenses involved in getting succession certificate in certain cases and thereby to protect the property of a deceased person from being misappropriated, an official statement said.
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