Major decisions were taken in the meeting of the Union Cabinet on Wednesday. Giving information about these decisions, Union Minister Prakash Javadekar said that the scheme has been approved to generate about three lakh jobs at a cost of Rs 7,725 crore. The Cabinet approved the Industrial Corridor in Krishnapatnam and Tumakuru and Multi-Model Logistics Center in Greater Noida. The industrial area will be developed at Krishnapatnam port at a cost of Rs 2,139 crore.
Javadekar said that two trade corridors are being built so that the freight will be good. The corridor where there will be freight, with expressways, ports, railway facilities and airports. It has been decided to develop industrial cities in such a place. Apart from this, the Union Cabinet has also approved the opening of Indian Missions in Estonia, Paraguay and Dominican Republic.
Union Minister Javadekar said that the signing of the MoU between India and Bhutan was approved in the cabinet meeting. In this agreement, there is agreement between the two countries on the peaceful use of outer space.
Giving information on a decision, Petroleum Minister Dharmendra Pradhan said that the Union Cabinet approved the revised plan to increase ethanol production capacity in the country. Ethanol will be produced from grains (rice, wheat, barley, maize and sorbet), sugarcane, sugar leaf etc. under the revised scheme for production of first generation (1G) ethanol in the country. The Cabinet also approved financial assistance of Rs 4,573 crore for ethanol production plants.
Union Minister Mansukh Mandaviya said that to build a Western Dock at Paradip Port, the government led by Narendra Modi has decided to build a modern and world-class port at a cost of Rs 3000 crores.
The cabinet headed by Prime Minister Modi today approved the export of Akash missile system. A committee has also been constituted to rapidly approve missile exports. Defense Minister Rajnath Singh tweeted that the missile system being exported will be completely different from the version used by the Indian Army. The Akash missile has a range of 25 km and has been developed by the Defense Research and Development Organization (DRDO).