July 16, 2026 2:02 PM

Semicon 2.0: Expanding India’s semiconductor ecosystem

The Union Cabinet on Wednesday approved Semicon India Programme 2.0 with a budgetary outlay of ₹1,27,500 crore, marking the next phase of India's ambition to emerge as a globally competitive semiconductor manufacturing and design hub. Building on the momentum created under the ₹76,000-crore Semicon India Programme launched in 2021, the new initiative aims to develop a comprehensive semiconductor ecosystem spanning chip design, fabrication, advanced packaging, equipment, materials, research a...

July 16, 2026 12:09 PM

Cabinet-approved mobile phone manufacturing scheme to drive India’s electronics manufacturing

The Union Cabinet on Wednesday approved a new Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains, boost exports and consolidate India's position as a global electronics manufacturing hub.   Chaired by Prime Minister Narendra Modi, the Cabinet's decision builds on the rapid transformation of India's electronics manufacturing sector over the past decade, during which the country has emerged as t...

July 15, 2026 5:24 PM

Cabinet approves Rs 62,500 crore Mobile Phone Manufacturing Scheme to boost production, exports and Indian brands

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore to further expand domestic mobile phone production, increase value addition, strengthen supply chains and enhance India's competitiveness in global electronics manufacturing.   The new scheme, which will be implemented over five years from FY 2026-27 to FY 2030-31, aims to build on India's emergence as one of the world's lead...

July 15, 2026 3:44 PM

Cabinet approves Rs 1.27 lakh crore Semicon 2.0 to strengthen India’s semiconductor ecosystem

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved Semicon 2.0, a comprehensive programme with a budget outlay of ₹1,27,500 crore aimed at strengthening India's semiconductor design and manufacturing ecosystem and providing long-term policy support to the sector.   The new programme builds on the momentum generated under Semicon 1.0 and seeks to position India as a major global hub for semiconductor design, manufacturing and innovation through a holistic ecosy...

July 2, 2026 4:28 PM

Government approves supply of better-quality rice under PMGKAY; over 80 crore beneficiaries to benefit

The Cabinet Committee on Economic Affairs (CCEA) has approved a major reform to improve the quality of rice distributed under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and other welfare schemes, paving the way for over 80 crore beneficiaries to receive rice with significantly lower broken grain content. The decision marks the first revision in nearly three decades to the quality specifications of rice supplied through the Public Distribution System (PDS). Under the new policy, the pe...

June 10, 2026 2:58 PM

Cabinet approves Ahmedabad Metro Phase 2A corridor connecting airport to metro network

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved Phase 2A of the Ahmedabad Metro Rail Project, a major infrastructure initiative aimed at strengthening urban mobility and improving connectivity between Ahmedabad and Gandhinagar. The approved corridor will span 6.032 kilometres and include five stations, comprising four elevated stations and one underground station. The project will be developed at a total cost of ₹2,169.04 crore, including interest during cons...

June 3, 2026 5:36 PM

Cabinet approves Rs 10,000-crore ATF price stabilization fund to support Indian airlines amid fuel price surge

In a major relief measure for the aviation sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a one-time budgetary support package of up to ₹10,000 crore to help stabilize Aviation Turbine Fuel (ATF) prices for scheduled Indian airlines affected by soaring global fuel costs triggered by the ongoing West Asia crisis. The assistance will be provided to Oil Marketing Companies (OMCs) in the form of interest-free advances through the Ministry of Petroleum an...

May 27, 2026 5:30 PM

Cabinet approves Rs 25,530 crore SARTHAK-PDS scheme to modernise public distribution system

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation and integration of two key food distribution schemes under a new umbrella programme titled “Scheme for Assistance in Ration Transport and Handling-Income with Automation in PDS” (SARTHAK-PDS). The Centre will spend ₹25,530 crore over the next five years as its share for the implementation of the scheme during the 16th Finance Commission cycle, with the programm...

May 13, 2026 4:20 PM

Cabinet approves Nagpur Airport modernisation under PPP model

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the upgradation and modernisation of Nagpur International Airport through a long-term licence involving a private partner under the Public-Private Partnership (PPP) model. The approval includes the extension of the lease period of land owned by the Airports Authority of India (AAI) and leased to MIHAN India Limited (MIL) beyond August 6, 2039. The move will enable MIL to grant a 30-year concession to GMR Nagpur In...

May 6, 2026 9:00 AM

PM Modi applauds major railway projects boosting connectivity across six Indian states

Prime Minister Narendra Modi on Wednesday lauded the Union cabinet's approval of recent railway projects covering 19 districts across six states in the country, calling it a symbol of India's "boosting infrastructure" and "furthering economic growth." In an 'X' post, the Prime Minister said that the projects would enhance connectivity, improve operational connectivity and give access to various tourist sites across the country. "Boosting India's infrastructure, furthering economic growth! The ...