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…
Latest Cabinet Committee on Economic Affairs News & Updates
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…
New Delhi, Feb 24 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved enhanced delegation to Power Grid Corporation of India Limited (POWERGRID), enhancing the permissible equity investment limit of the company from the current threshold of Rs 5,000 crore per subsidiary to Rs 7,500 crore per subsidiary — while retaining the existing cap of 15 per cent of the company’s net worth.The approval came under the extant guidelines dated …
New Delhi, Feb 24 (IANS) Marking a major milestone in strengthening aviation infrastructure and connectivity in the Kashmir Valley, the government on Tuesday approved the development of the Civil Enclave at Srinagar International Airport, proposed at an estimated cost of Rs 1,677 crore.Approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, the project scope also includes the construction of barracks for security personnel.The new Civil Enclave proj…
New Delhi, Feb 14 (IANS) The Union Cabinet has approved projects worth Rs 1,60,504 crore at its final meeting in the South Block before passing a resolution to shift its functioning to the Seva Teerth complex, Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, said on Saturday.Prime Minister Narendra Modi on Friday unveiled the new complex named ‘Seva Teerth’, which houses the Prime Minister’s Office (PMO), National Security Council Secretariat (NSCS) and the Cabinet Secreta…
New Delhi, Feb 14 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the rehabilitation and upgradation of the Ghoti–Trimbak (Mokhada)–Jawhar–Manor–Palghar section of NH-160A in Maharashtra, with a total length of 154.635 kms with Rs 3,320.38 crore outlay.The project is estimated to generate approximately 19.98 lakh person-days of direct employment and 24.86 lakh person-days of indirect employment, besides inducing additional economic …
New Delhi, Feb 14 (IANS) In a significant development, the Centre has approved three multi-tracking projects, covering 12 districts across Delhi, Haryana, Maharashtra and Karnataka, with a total cost of Rs 18,509 crore.This will increase the existing network of Indian Railways by about 389 kms. The projects are planned on the PM-Gati Shakti National Master Plan with focus on enhancing multi-modal connectivity and logistic efficiency through integrated planning and stakeholder consultations.These…