The central government Friday approved the setting up of an overseas centre for Indians in Dubai.
More such centres will be opened in other countries by and by.
"These centres are in not replacements or substitutes for Indian missions but they would provide assistance to Indians living abroad," Finance Minister P. Chidambaram said.
The cabinet approved a proposal to extend the deadline by three months for telecom companies to comply with foreign direct investment norms. Accordingly, the new deadline is Dec 31.
"The extension of the deadline is being done to address issues raised by telecom companies and concerns faced by Indian security agencies."
In another decision, the cabinet decided to extend the retirement age of colonel-rank officers in the Army Medical Corps from 56 to 57 years.
The cabinet has approved an outlay of Rs.6.1 billion for development of G-SAT 8/INSAT 4G satellites to be launched in the next two years.
The cabinet committee on economic affairs, headed by Prime Minister Manmohan Singh, also sanctioned approval for additional 1,000 residential schools for girls.
These schools will be set up in educationally backward blocks for girls belonging to scheduled castes, scheduled tribes, other backward classes and minority communities. The outlay for the current fiscal year for this project is Rs.1.72 billion.