Last meeting of Cabinet in South Block: Projects worth Rs 1.60 lakh crore approved on road-rail
New Delhi. In the last meeting of the Union Cabinet in South Block, important projects worth Rs 1,60,504 crore in road and railway sector have been approved. Railway Minister Ashwini Vaishnav gave this information on Saturday. Now cabinet meetings will be held at Seva Tirtha Complex, which was inaugurated by Prime Minister Narendra Modi on Friday.
This new complex houses the PMO, the National Security Council Secretariat and the Cabinet Secretariat. In the last meeting of South Block, the cabinet took several major decisions on railway multi-tracking, national highways, metro expansion, urban reforms and startup funding.
To give a new direction to urban development, Urban Challenge Fund of Rs 1 lakh crore was approved. In this, the Center will provide 25 percent assistance, provided 50 percent funds are raised from the market. Three rail projects in 12 districts of Delhi, Haryana, Maharashtra and Karnataka got Rs 18,509 crore, which will expand the network by 389 km.
Green signal to Rs 10,000 crore Startup India Fund of Funds 2.0 to strengthen the startup ecosystem. Reconstruction of 154.635 km stretch of NH-160A in Maharashtra approved for Rs 3,320.38 crore.
Widening of NH-167 to four lanes on Hyderabad-Panaji corridor in Telangana will cost Rs 3,175.08 crore. Two sections of Gujarat’s NH-56 will be upgraded for Rs 4,583.64 crore. These decisions will take India’s infrastructure capacity to new heights.
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