Page 3 - Union Cabinet

Union Cabinet clears Rs 1,878 cr Zirakpur Bypass project in Punjab, Haryana

The Union Cabinet on Wednesday approved a 19.2-km Zirakpur Bypass road project in Punjab and Haryana to be built at a cost of Rs 1,878.31 crore. The six-lane Zirakpur Bypass will start from Junction with NH-7 (Zirakpur-Patiala) and end at Junction with NH-5 (Zirakpur-Parwanoo) with a total length 19.2 km in Punjab and Haryana. The total capital cost of the project is Rs 1,878.31 crore, an official release said. "The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved construction of 6 lane access-controlled Zirakpur Bypass with length of 19.2 km worth Rs 1,878.31 crore in Punjab and Haryana on Hybrid Annuity Mode," it said. The primary purpose of the project is to ease congestion in Zirakpur, Panchkula and surrounding areas by diverting traffic from Patiala, Delhi, Mohali Aerocity and providing direct connectivity to Himachal Pradesh. The current proposal aims at reducing the travel time and ensuring hassle-free traffic movement in the conges

Union Cabinet meeting likely to be held on Wednesday, say officials

Union Cabinet on Friday approved the Vibrant Villages Programme -II, furthering its commitment to the vision of safe, secure, and vibrant land borders

Cabinet okays Rs 23K cr PLI scheme for electronics component manufacturing

A total of 91,600 direct jobs are likely to be generated under the scheme, Union electronics and information technology minister Ashwini Vaishnaw said

Cabinet approves Rs 3,700 crore Patna-Sasaram corridor project in Bihar

The Union Cabinet on Friday approved a four-lane access-controlled Patna-Sasaram corridor project in Bihar at an estimated cost of Rs 3,712.40 crore, an official statement said. Currently, the connectivity between Sasaram, Arrah and Patna relies on existing state highways (SH-2, SH-12, SH-81 and SH-102) and takes 3-4 hours due to heavy congestion, the Ministry of Road Transport & Highways said. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the construction of a 4-lane access-controlled greenfield and brownfield Patna Arrah Sasaram corridor, starting from Patna to Sasaram (120.10 km) in Bihar, the ministry said. The project will be developed on Hybrid Annuity Mode (HAM) at a total capital cost of Rs 3,712.40 crore. A greenfield corridor, along with 10.6 km of upgradation of the existing brownfield highway, will be developed to reduce the increasing congestion, catering to the needs of densely built-up areas in places like .

Cabinet approves ₹22,919 cr PLI for non-semiconductor electronics component

Electronic industry has been urging the central government to create a separate production-linked incentive for non-semiconductor electronics since 2022

Cabinet clears Rs 22,919 crore PLI scheme for passive electronic components

The Union Cabinet on Friday approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said. It is the first scheme that focuses on promoting the manufacturing of passive electronic components. The minister said that the scheme will create direct employment for 91,600 people and attract investment of around Rs 59,350 crore. "Passive components are approved under the Electronics Component PLI scheme. It has a total package of Rs 22,919 crore. This will be over six years," Vaishnaw said. The minister said that that segment will serve the requirements of several sectors, including telecom, consumer electronics, automobile, medical devices, power sector etc. He said that the scheme is expected to lead to production of Rs 4.56 lakh crore. According to electronics component makers body Elcina, non-semiconductor components production in India was around USD 13

Incentive scheme for low-value UPI transactions to boost ease of living: PM

The Union Cabinet headed by Modi on Wednesday approved an incentive scheme worth approximately Rs 1,500 crore to promote UPI transactions below Rs 2,000 for 2024-25

Cabinet approves 6-lane highway project connecting JNPT at Rs 4,500 crore

According to an official statement, the project will be developed on build, operate and transfer (BOT) mode at a total cost of Rs 4,500.62 crore

Govt approves setting up of urea plant in Assam at Rs 10,601.4 cr

The plant will be established with an estimated total project cost of Rs 10,601.40 crore with debt-equity ratio of 70:30 through a Joint Venture

Govt clears ₹1,500 cr scheme to boost low-value BHIM-UPI transactions

Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants

Cabinet okays Rs 6.8K cr ropeway projects for Hemkund Sahib, Karnaprayag

On concerns regarding possible environmental damage by the project, the minister added that all relevant stakeholders have been consulted, only after which the project has been approved

Govt nod to over ₹7,500 crore ropeway projects for Kedarnath, Hemkund Sahib

The Union Cabinet has approved two ropeway projects worth ₹7,500 crore-connecting Sonprayag to Kedarnath and Govindghat to Hemkund Sahib Ji-to provide faster, eco-friendly transport for pilgrims

Cabinet nod to livestock disease control programme with Rs 3,880 cr outlay

The scheme aims to improve the animal health sector by implementing prophylactic vaccination programmes against various diseases of livestock and poultry

Union Cabinet approves new income-tax Bill; law set to be simpler

In addition, the official stated that in the new income tax bill, authorities have not been given excessive powers

Union Cabinet approves Rs 8,800 crore to boost Skill India Programme

The Union Cabinet on Friday approved the continuation and restructuring of central sector scheme 'Skill India Programme (SIP)' till 2026 with an overlay outlay of Rs 8,800 crore. This was informed by Information and Broadcasting Minister Ashwini Vaishnaw. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation and restructuring of the central sector scheme 'Skill India Programme (SIP)' till 2026 with an overlay outlay of Rs 8,800 crore from the period 2022-23 to 2025-26, he said. The approval underscores the government's commitment to building a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and industry-aligned training across the country, an official release said. Pradhan Mantri Kaushal Vikas Yojana 4.0 (PMKVY 4.0), the Pradhan Mantri National Apprenticeship Promotion Scheme (PM-NAPS), and the Jan Shikshan Sansthan (JSS) Scheme -- the three key components -- are now combined under the composite Central Sector Scheme

Govt raises procurement price of C-heavy molasses ethanol by Rs 1.69/litre

Prices for ethanol produced from B-heavy molasses and sugarcane juice/sugar/sugar syrup remain unchanged at Rs 60.73 and Rs 65.61 per litre, respectively

CCS clears Rs 10,000 cr Pinaka rocket deal; Solar, MIL to manufacture

The DRDO is already in the advanced stages of making a 120 km strike version of the Pinaka rockets and is expected to carry out its first test in the next financial year

Big boost for Isro as Cabinet approves third launch pad in Sriharikota

The Union Cabinet has approved a Rs 3,984.86 crore project to establish Isro's Third Launch Pad at Sriharikota, boosting capabilities for next-gen vehicles and human space missions

ITI upgradation scheme to be launched in January, says skill ministry

The finance ministry has provided Rs 1,000 crore for the scheme in the current fiscal year

India aims to be a maritime power by 2030, says Sarbananda Sonowal

The Union Cabinet had approved the project in October, even though it had been in the works much earlier. Currently, its physical progress stands at 60 per cent