Cabinet Greenlights ₹1.6 Lakh Crore for Massive Infrastructure Boost
The Union Cabinet has approved ₹1.6 lakh crore for major infrastructure projects spanning railways, highways, and urban development to drive economic growth and job creation.
The Union Cabinet has officially approved a sweeping set of infrastructure projects valued at ₹1.6 lakh crore. These comprehensive initiatives will cover urban infrastructure, metro systems, highways, and the railway sector. This massive capital expenditure highlights the government's dedication to accelerating urban development, enhancing connectivity, and stimulating economic growth. Anticipated benefits include significant job creation, better convenience for commuters, and upgraded logistics efficiency nationwide. To outline implementation timelines and specific fund allocations, a press briefing is set for 12:30 pm today. These strategic approvals are part of a broader push to solidify India's core infrastructure ahead of the upcoming fiscal year.