Cabinet Approval

December 31, 2025 3:48 PM

Cabinet clears Rs 1,526 crore NH-326 upgrade project in southern Odisha

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the widening and strengthening of a key stretch of National Highway-326 in Odisha, at a total cost of Rs 1,526.21 crore. The project involves upgrading the existing two-lane highway to a two-lane road with paved shoulders from kilometre 68.600 to kilometre 311.700, covering the Mohana–Koraput section of NH-326. The work will be implemented under the National Highways (Original) scheme on Engineering, Procurement...

September 24, 2025 3:51 PM

Cabinet clears Rs.69,725 crore package to boost shipbuilding and maritime sector

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a comprehensive package worth Rs.69,725 crore to boost shipbuilding, maritime financing, and domestic capacity in India. The initiative is aimed at revitalising the country’s maritime sector through a four-pillar strategy that covers financing, infrastructure, technical development, and policy reforms. The package extends the Shipbuilding Financial Assistance Scheme (SBFAS) till March 31, 2036, with a total corp...

September 3, 2025 8:10 PM

Cabinet clears ₹1,500 crore scheme to boost critical mineral recycling capacity

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a ₹1,500 crore incentive scheme to develop recycling capacity for the recovery and production of critical minerals from secondary sources. The initiative is part of the National Critical Mineral Mission (NCMM), aimed at building domestic capacity and ensuring supply chain resilience in critical minerals. According to the Ministry of Mines, the scheme will be implemented for six years from FY 2025–26 to FY 203...

August 27, 2025 3:49 PM

Cabinet approves extension and restructuring of PM SVANidhi Scheme till 2030

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the restructuring and extension of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme. The lending period, which was earlier valid till December 31, 2024, has now been extended to March 31, 2030. The total outlay for the restructured scheme is ₹7,332 crore. The government said the revised scheme will cover 1.15 crore beneficiaries, including 50 lakh new street vendors. Implementation...

August 19, 2025 3:52 PM

Cabinet clears Rs 8,307 crore 6-lane capital region ring road project in Odisha

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the construction of a 6-Lane Access-Controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha at a total capital cost of Rs 8,307.74 crore. The 110.875 km project will be developed on Hybrid Annuity Mode (HAM). At present, the Rameshwar–Tangi stretch of the existing National Highway faces severe congestion due to heavy traffic moving through urban centres like Khordha, Bhubaneswar,...