On a significant occasion today, Prime Minister Narendra Modi's NDA Cabinet met to designate important ministerial portfolios and approve an enormous number of new projects aimed at boosting India's growth across all industries. Here is a full breakdown of the portfolios and important announcements made during the conference.
Key Portfolio Allocations:
The new Cabinet observed a few important appointments:
- Nirmala Sitharaman keeps her job as Finance Minister, continuing to manage the country's economy.
- Amit Shah remains the Home Minister, in charge of internal security and governance.
- Rajnath Singh remains the Defense Minister, with a focus on national security and defense modernization.
- S. Jaishankar continues to serve as India's Minister of External Affairs, in charge of international relations.
- Piyush Goyal will lead the Ministry of Commerce and Industry, which is responsible for promoting trade and industry.
- Ashwini Vaishnaw is in charge of the Railways and Information Technology portfolio, and her goal is to integrate modern technology into railways and digital governance.
These nominations underscore continuity in crucial sectors such as finance, domestic affairs, and international relations, with a particular emphasis on stability and continuous reforms.
Important Notifications and Initiatives
PM e-Bus Seva
An important outcome of today's conference was the adoption of the PM e-Bus Seva, a large-scale project to support green mobility in cities. Among the plans is the installation of 10,000 electric buses in 169 cities. 181 cities are getting infrastructure upgrades. The project is expected to cost ₹57,613 crore in total, of which ₹20,000 crore would come from the Central government. It is anticipated that this project will greatly lessen urban pollution and advance environmentally friendly transportation.
PM Vishwakarma Program
The PM Vishwakarma Scheme, which was approved to help traditional craftsmen and artisans, was another noteworthy development. Important characteristics consist of a ₹13,000 crore budget. Loans for artisans with up to ₹3 lakh in subsidies and a 5% concessional interest rate. The plan aims to improve the livelihoods of 30 lakh craftsmen, including weavers, goldsmiths, blacksmiths, and barbers, while also promoting traditional skills.
Extension of Digital India:
The Digital India plan received a huge boost with a ₹14,903 crore extension approval. Key features of this extension include:
- Reskilling and upskilling 5 lakh IT experts.
- Training nearly 2 lakh people in information security.
- Introducing DigiLocker for MSMEs to help with digital credit and document verification.
- Cyber security awareness initiatives aimed at 12 crore people.
This extension demonstrates the government's commitment to improving digital infrastructure and cybersecurity.
Rail Multi-Tracking Projects:
The Cabinet approved seven multi-tracking projects worth ₹32,500 crore, a significant investment in railway infrastructure. The projects will:
Cover 35 districts across nine states, including Andhra Pradesh, Jharkhand, Telangana, West Bengal, Bihar, Maharashtra, Uttar Pradesh, Gujarat, and Odisha.
Expand the Indian Railways network by 2,339 kilometers to improve connectivity and operational efficiency.
Tomorrow's Oath Ceremony:
Following today's strategic decisions, the focus switches to tomorrow's oath ceremony, when the newly appointed ministers will officially take on their roles. This ceremony is likely to be lavish, reflecting the government's vision for the future. The ceremony, which will be attended by prominent dignitaries, will usher in a new era of Indian governance, with a focus on sustainable development, technical innovation, and economic prosperity.
Today's NDA Cabinet meeting has set the ground for a watershed moment in India's development trajectory. Portfolio allocation assures competent leadership in important areas, while approval of ambitious initiatives demonstrates the government's commitment to inclusive and long-term growth. As the new ministers prepare to take their oaths, the nation anticipates the realization of these ambitious programs, which promise a brighter and more luxurious future.
Inputs: Agencies
Image Source: Multiple agencies
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