Till a final decision is taken, all existing allowances are being paid at the Sixth Pay Commission rates.
Railway catering policy-2017 also empowers the IRCTC to fix menu and tariff in consultation with Railway Board.
In the sensitive sectors like defence and telecom, companies having licences can only seek foreign investments.
Mr Mallya, the chief of the now defunct Kingfisher Airlines, had moved to Britain in March last year after banks sued him to recover around $1.4 billion owed by the airline.
Addressing his monthly 'Mann ki baat' radio programme, he said people, especially the youth, should become ambassadors of digital payment schemes rolled out by the government.
Mumbai is home to 46,000 millionaires and 28 billionaires.
At present there seems to be a consensus building up on the need of creating a government owned bad bank, though the former governor of Reserve Bank Of India, Raghuram Rajan was not in favour of such an entity.
Delivered a talk on "The Surprise that is the Indian Economy" at the Indian Institute of Management, Ahmedabad, Arvind Subramanian said the need was to adopt a carrot and stick approach to prevent the flow and generation of black money.
The ministry had brought down the number of registers to five from 56 with the regard to nine Central Labour Laws and this would save efforts, cost and lessen the compliance burden on these establishments, the labour minister said.
"The cost of this programme (UBI) is so huge that it cannot be an add-on to the existing programmes (welfare schemes) as the government cannot afford it and the government's finances will go bust," Subramanian said.
"You've heard about so-called 'helicopter drops' of money with unconventional monetary policies, so one way to characterise this demonetisation initiative is as a vacuum cleaner," Paul A Cashin, Assistant Director in the IMF's Asia and Pacific Department, and mission chief of India, told PTI.
The government has set a target of raising its renewable energy generation to 175 gigawatt by 2022, around five times current usage, to supply power to its 1.3 billion people and fight climate change.
PM Modi's announcement on November 8 ordering the removal of Rs 500 and Rs 1,000 notes took out around 86 per cent of the currency in circulation, putting activity on the skids in a predominantly cash-reliant economy.
With regard to global growth, Moody's said continuing cyclical recovery in global economic activity with growth in G-20 countries picking up modestly to 3 per cent in 2017 and 2018 from 2.6 per cent in 2016, but potential shifts in US policy add uncertainty to this forecast.
With the BEL stake sale, government's disinvestment kitty would swell to nearly Rs 33,000 crore. The government hopes to raise Rs 45,500 crore in the current fiscal as per Revised Estimate (RE).
The report said a total of 867 deals with disclosed value of $56.2 billion were announced during 2016, up 87 per cent over the previous year, while the number of transactions declined by 2 per cent.
The finance minister will also attend a reception to be hosted by the Queen at Buckingham Palace in the evening on Monday.
While the UK makes up 3.4 per cent of India's overall exports, it accounts only for less than 2 per cent of India's exports.
The cancellation of legal tender of 500 and 1,000 rupee notes has led to a slowdown in economic activity that weighed on demand for credit among companies and retail borrowers during the October-December quarter, it said.