The Union Ministry of Ports, Shipping and Waterways and Ministry of Culture has signed an MoU for 'Cooperation in Development of NMHC at Lothal, Gujarat'.
The Union Cabinet, chaired by Prime Minister Narendra Modi has cleared the corporatisation of the Ordnance Factory Board. Following this, the existing 41 factories under the OFB will be split into seven new corporate entities.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the implementation at an estimated cost of Rs. 4077 crore in a phase-wise manner.