Latest Cabinet Committee on Economic Affairs News & Updates

New Delhi, April 18 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Saturday approved two multitracking Railways projects for Uttar Pradesh and Andhra Pradesh with a total cost of Rs 24,815 crore.The projects, covering 15 districts across two states, will increase the existing network of Indian Railways by about 601 kms. These are Ghaziabad–Sitapur 3rd and 4th Line (403 kms) and Rajahmundry (Nidadavolu)–Visakhapatnam (Duvvada) 3rd and 4th …

Jaipur, April 9 (IANS) A 41-kilometre-long North-South metro corridor from Prahladpura to Todi Mod has been approved for Jaipur under Phase-II of the metro project. The corridor, described by Chief Minister Bhajanlal Sharma as the city’s future lifeline, will connect key industrial and residential hubs from Sitapura to VKIA, ensuring safe, efficient, and convenient public transport.The project, estimated to cost over Rs 13,037 crore, will comprise 36 stations and be implemented by Rajasthan Me…

New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved Rs 14,105.83 crore for the construction of Kalai-II hydro-electric project (HEP) on Lohit river in Anjaw district, Arunachal Pradesh.The estimated completion period for the project is 78 months.The project with an installed capacity of 1,200 MW (6 x 190 MW & 1 x 60 MW) is expected to generate 4,852.95 MU of energy annually.As the first hydro project in the Lohit…

New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved investment of Rs 26,069.50 crore for the construction of the Kamala Hydro Electric Project (HEP) in Kamle, Kra Daadi, and Kurung Kumey districts of Arunachal Pradesh.The estimated completion period for the project is 96 months, a Cabinet note said.There will be significant improvement in the infrastructure in Kamle, Kra Daadi, and Kurung Kumey districts, incl…

New Delhi, April 8 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore and additional equity investment of Rs 8,962 crore by the Hindustan Petroleum Corporation Limited (HPCL).The total equity investment of HPCL after the increment will be Rs 19,600 crore, according to an official statement.HRRL is a 9 million metric t…

New Delhi, March 18 (IANS) In a key step towards farmer welfare, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved minimum support price (MSP) funding of Rs 1,718.56 crore to the Cotton Corporation of India (CCI) for the cotton season 2023–24.The funding aims to provide direct price support to cotton farmers across the country.During the 2023–24 cotton season, the area under cultivation was estimated at 114.47 lakh hectares, with…

New Delhi, March 10 (IANS) The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved the revised total capital cost of Rs 3,630.77 crore for the construction of greenfield connectivity to the Jewar International Airport from Delhi-Faridabad-Ballabhgarh-Sohna spur of the Delhi-Mumbai Expressway on hybrid annuity mode in Uttar Pradesh and Haryana.This 31.42 km-long-project corridor will provide direct and high-speed connectivity from south Delhi, Faridabad, and Gurugram to Jewar Interna…

New Delhi, March 10 (IANS) In an effort to significantly enhance mobility and operational efficiency, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved two multi-tracking projects of the Ministry of Railways, with a total cost of Rs 4,474 crore.The two multitracking projects — Sainthia–Pakur 4th line and Santragachi–Kharagpur 4th line — cover 5 districts of West Bengal and Jharkhand, increasing the existing network of Indian Rail…

New Delhi, Feb 26 (IANS) The Enforcement Directorate (ED) has placed the prosecution sanction order received from the competent authority against P. Chidambaram, the then Union Finance Minister, for the offence of money laundering in the Aircel Maxis deal, before the Special Court, according to a statement issued by the financial investigative agency on Thursday. The prosecution sanction order, which was obtained on February 10, 2026, “has been placed before the Special Rouse Avenue Court to exp…

New Delhi, Feb 24 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved an increase of Rs 275 per quintal in Minimum Support Prices (MSP) of raw jute for marketing season 2026-27 compared to the price of the previous year.The MSP of raw jute (TD-3 grade) has been fixed at Rs. 5,925 per quintal for the 2026-27 season. This would ensure a return of 61.8 per cent over the all-India weighted average cost of production.The MSP of raw jute annou…