The Union Cabinet has approved three major railway multitracking projects worth ₹9,072 crore, expanding the Indian Railways network by nearly 307 kilometres across Maharashtra, Madhya Pradesh, Bihar and Jharkhand. The decision is expected to significantly improve freight capacity, ease congestion and strengthen regional connectivity. The projects were cleared by the…
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Cabinet Raises POWERGRID Equity Investment Limit
The Union Cabinet has approved enhanced financial powers for POWERGRID, raising its permissible equity investment limit from ₹5,000 crore to ₹7,500 crore per subsidiary. The decision is expected to accelerate India’s power transmission expansion and strengthen renewable energy evacuation infrastructure. The approval was granted by the Cabinet Committee on Economic…
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Cabinet Clears ₹1 Lakh Crore Urban Challenge Fund
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the launch of the Urban Challenge Fund (UCF) with a Central Assistance of ₹1 lakh crore, marking a major shift in India’s urban development strategy towards market-driven growth and reform-based financing. Announced as part of the Union Budget 2025–26…
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PM-SETU to Upgrade 1,000 ITIs, Boost Startups
New Delhi: The Union Cabinet has approved the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, a major reform initiative aimed at modernising vocational education and strengthening India’s skilling ecosystem. The PM-SETU scheme seeks to enhance the quality, relevance, and industry alignment of training imparted through Industrial…
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Cabinet Extends Atal Pension Yojana Support Till 2031
In a significant move aimed at strengthening India’s social security framework, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of the Atal Pension Yojana (APY) till the financial year 2030-31. The decision also includes an extension of government funding support for promotional and developmental…
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Cabinet Clears ₹1,526 Cr NH-326 Upgrade in Odisha
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a major infrastructure project for Odisha with the widening and strengthening of National Highway-326. The project covers the stretch from kilometre 68.600 to kilometre 311.700 and will be executed on Engineering, Procurement and Construction (EPC) mode at a total…
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Govt Pushes Women Startups with 3 Schemes
The Government of India is actively supporting the nation’s startup ecosystem through three flagship programmes under the Startup India initiative: the Fund of Funds for Startups (FFS), the Startup India Seed Fund Scheme (SISFS) and the Credit Guarantee Scheme for Startups (CGSS). Together, these schemes provide a mix of equity…