Union Cabinet Greenlights Massive Rs 1.6 Lakh Crore Infrastructure Boost
In a significant move to accelerate national development, the Union Cabinet, led by Minister Ashwini Vaishnaw, has cleared a comprehensive package of infrastructure projects and funding initiatives totaling approximately Rs 1,60,504 crore. This decision, announced on Saturday, underscores the government's commitment to enhancing connectivity, logistics efficiency, and regional growth across India.
Railway Expansion Projects to Ease Congestion
The Cabinet has approved several critical railway line projects aimed at decongesting key freight and passenger corridors. These include:
- Kasara–Manmad 3rd and 4th line project with an outlay of Rs 10,154 crore.
- Delhi–Ambala 3rd and 4th line project worth Rs 5,983 crore.
- Ballari–Hosapete 3rd and 4th line project valued at Rs 2,372 crore.
These expansions are expected to significantly improve rail capacity and reduce travel times, supporting economic activities in these regions.
Strategic Road and Tunnel Initiatives
Beyond railways, the Cabinet has prioritized road infrastructure with approvals for multiple projects:
- Four-laning of the Gudebellur–Mahabubnagar section at a cost of Rs 3,175 crore.
- Four-laning of the Dhamasiya–Bitada & Nasarpore–Malotha section with an investment of Rs 4,584 crore.
- Upgradation of the Ghoti–Trimbak–Palghar section amounting to Rs 3,320 crore.
A highlight is the approval of the underwater road tunnel between Gohpur and Numaligarh in the Northeast, with a substantial outlay of Rs 18,662 crore. This project aims to bolster connectivity and foster development in the region.
Urban Mobility and Metro Expansion
Urban transport received a boost with the clearance of the Noida Metro Aqua Line extension, involving an investment of Rs 2,254 crore. This extension is set to enhance public transit options and reduce traffic congestion in the National Capital Region.
Major Funding for Urban and Startup Ecosystems
In addition to hard infrastructure, the Cabinet has approved large-scale funding initiatives focused on urban transformation and innovation:
- Urban Challenge Fund with an outlay of Rs 1,00,000 crore, designed to strengthen urban infrastructure and support city-level development projects.
- Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore, aimed at providing capital to early-stage startups and fostering deep-tech innovation.
Overall Impact and Economic Focus
The total approved expenditure of Rs 1,60,504 crore reflects a balanced approach, combining physical infrastructure expansion with urban development and innovation-led economic growth. These decisions are poised to create jobs, improve logistics, and stimulate regional economies, aligning with broader national goals for sustainable development.
Minister Ashwini Vaishnaw emphasized that these projects will play a crucial role in boosting India's infrastructure landscape, making it more resilient and efficient for future challenges.
