Cabinet's big decisions: Hydro project got approval in Jammu and Kashmir

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Cabinet's big decisions: Hydro project got approval in Jammu and Kashmir, government gave big relief to street vendors

Cabinet's big decisions: Hydro project got approval in Jammu and Kashmir

Summary

Several important decisions were taken in the cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday. Union Minister Anurag Thakur informed that 540 MW Kawar Hydro Project will be built on Chenab river in Jammu and Kashmir. The Union Minister said that Rs 23,000 crore will be spent on this project.

The 540 MW Kawar Hydro Project will be built on the Chenab river in Jammu and Kashmir. The Union Minister said that Rs 23,000 crore will be spent on this project. The construction of this project will also provide employment to the local people. Apart from this, many important decisions have been taken in Wednesday's meeting. The Union Minister said that in the cabinet meeting, it has been decided to give financial support of Rs 820 crore to India Post Payments Bank.

Union Minister Anurag Thakur said that the PM Street Vendor Self-Reliant Fund (PM Svanidhi) will now be extended till December 2024. Explain that under this, the government provides loans to street vendors at a subsidy of seven percent. He said that the vending zones have been increased from 5800 to 10,500. We aim to benefit 40 lakh vendors by 2024. Under the Svanidhi Se Samridhi Yojana, 16.7 lakh beneficiaries have benefited from various schemes so far.

Talking about other decisions, 2542 towers in ten states will be upgraded from 2G to 4G. This tower is in ten states of the country. The Union Minister said that all these towers are in Naxal affected areas, in which the 4G core network, radio network and telecom network made in self-reliant India will be used. All these will be upgraded and operated by BSNL itself. Apart from this, it was told by the government that an allocation of Rs 2426 crore has been made for them. Apart from this, the government has approved to increase the P&K fertilizer subsidy and has also decided to give an additional subsidy of Rs 60,939 crore.

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