New Delhi, March 20 (IANS) The Ministry of Heavy Industries has issued a Request for Proposal (RFP) to select beneficiaries to set up integrated sintered NdFeB Rare Earth Permanent Magnet (REPM) manufacturing facilities under the Rs 7,280-crore scheme, it was announced on Friday.The manufacturing facilities will have a total capacity of 6,000 Metric Tonnes Per Annum (MTPA) under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet, according to the statement.The scheme, ap…
Latest Union Cabinet News & Updates
New Delhi, March 18 (IANS) Calling it a “big boost to India’s manufacturing push”, Prime Minister Narendra Modi on Wednesday said the Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a major initiative to develop 100 plug-and-play industrial parks across the country. The scheme is aimed at strengthening industrial infrastructure, attracting fresh investments, and creating large-scale employment opportunities while improving ease of doing business through faster approval…
New Delhi, March 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA) with an allocation of Rs 33,660 crore for developing 100 plug-and-play industrial parks across the country — aimed at accelerating economic growth and creating more jobs.The scheme aims to develop world-class industrial infrastructure, unlocking the country’s manufacturing potential and driving India’s growth story, according to an official st…
New Delhi, March 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a scheme to support small hydro projects (SHPs) with an outlay of Rs 2,584.60 crore.The ‘Small Hydro Power (SHP) Development Scheme for the period FY 2026-27 to FY 2030-31 will support projects (between 1-25 MW capacity) to come up in different states — especially benefitting hilly and northeastern states with high potential for such projects.It will support 51 lakh person days of empl…
Bhopal, March 17 (IANS) In a significant decision aligned with national priorities, the Madhya Pradesh Cabinet welcomed the Union Cabinet’s recent approval for constructing a four-lane highway corridor on the Badnawar-Petlawad-Thandla-Timarwani.Spanning 80.45 kilometres at an estimated cost of Rs 3,839 crore, this project will complete seamless four-lane connectivity from Ujjain to the Timarwani interchange on the Delhi-Mumbai Expressway, said Chetan Kahsyap, a cabinet colleague of Chief Ministe…
Bengaluru, March 11 (IANS) Karnataka Infrastructure Development Minister M.B. Patil on Wednesday said that while the Central government has declared Madurai Airport in Tamil Nadu as an international airport, it has not taken a similar decision regarding Hubballi and Belagavi airports in Karnataka, asserting that this reflects a discriminatory approach and is not acceptable.“How can it be butter for them and lime for us?” he questioned.Speaking on the issue in Bengaluru, Minister Patil said t…
Bhopal, March 10 (IANS) Madhya Pradesh Chief Minister Mohan Yadav, on Tuesday, expressed gratitude to the Union Cabinet for approving the four-laning of the Badnawar-Petlawad-Thandla-Timarwani section of NH-752D at a cost of Rs 3,839 crore. The Chief Minister said that this corridor will provide direct four-lane connectivity from Ujjain to the Timarwani interchange of the Delhi-Mumbai Expressway. He described it as a significant project that will facilitate easier access to the industrial centre…
New Delhi, March 10 (IANS) The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially clearing the way to introduce the IBC Amendment Bill in the ongoing parliamentary session, according to sources.The proposed legislative updates are based on the recommendations of a Select Parliamentary Committee chaired by Bharatiya Janata Party MP Baijayant Panda.The committee was tasked with reviewing the current bankruptcy framework. Upon completion, the comm…
Chennai, March 10 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday, approved the declaration of Madurai Airport in Tamil Nadu as an international airport, a move expected to significantly enhance connectivity and economic prospects in southern parts of the state. Announcing the decision on social media platform X, the Prime Minister said: “The Union Cabinet has approved the declaration of Madurai Airport as an international airport. This will boost tourism, trade and…
New Delhi, March 10 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved changes in the guidelines governing investments from countries that share land borders with India, aiming to provide clarity to investors and boost foreign direct investment (FDI) flows.The government said the existing policy has been reviewed and amended to introduce clearer rules on determining the ‘beneficial owner’ of an investment and to streamline approvals in certain sectors.Unde…