Announcing the decision after the Cabinet meeting, Union Information and Broadcasting Minister Ashwini Vaishnaw said the scheme would operate during the 16th Finance Commission award period and continue till March 31, 2031.
The Cabinet Committee on Economic Affairs Wednesday approved the construction of a four-lane access-controlled National Highway-927 spanning 101.515 kilometers from Barabanki to Bahraich in Uttar Pradesh, at a cost of Rs 6,969.04 crore.
This 31.42-km-long project corridor will provide direct and high-speed connectivity from South Delhi, Faridabad and Gurugram to Jewar International Airport, thereby promoting economic growth and logistics efficiency across the National Capital Region (NCR).
These projects include Sainthia–Pakur 4th line and Santragachi–Kharagpur 4th line. The total estimated cost of the projects is Rs 4,474 crore and will be completed up to 2030-31
Under the policy, a new CoalSETU window will be created within the existing Non-Regulated Sector (NRS) Coal Linkage Auction Policy, 2016, allowing coal linkages to be allocated through auctions on a long-term basis for any industrial use and export, without end-use restrictions.
The project will generate 2,738.06 million units of energy and improve the power supply position in Arunachal Pradesh
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved four new components under the existing Central Sector Scheme of Special Development Packages (SDPs) for Assam and Tripura, with a total outlay of ₹4,250 crore.
As India achieves 50 per cent of its installed electricity capacity from non-fossil fuel sources, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved enhanced delegation of power to NTPC Ltd for investing in NTPC Renewable Energy Ltd.
The Union Cabinet on Tuesday gave its nod for the construction of a 4-lane Paramakudi-Ramanathapuram section of National Highway 87 in Tamil Nadu, worth Rs 1,853 crore.
"This transformative step is expected to bolster India's research and innovation ecosystem, promoting self-reliance and global competitiveness," he said.
