Representative images NEW DELHI: The cabinet Tuesday approved three multi-tracking railway projects, extension of Ahmedabad Metro and a new integrated airport terminal in Srinagar with a total investment of Rs 11,806 crore. The cabinet also approved an increase in MSP for raw jute.Announcing the decisions, I&B minister Ashwini Vaishnaw said the railway projects — doubling of Gondia-Jabalpur track and laying of third and fourth lines on Punarakh-Kiul and Gamharia-Chandil corridors — will increase Indian Railways’ network by about 307 km and will enable the national transporter to introduce 38 more express and passenger trains.The total investment in these projects, passing through eight districts across Maharashtra, MP, Bihar and Jharkhand, will be around Rs 9,072 crore and these will be completed by 2030-31.Vaishnaw also announced development of the Civil Enclave at Srinagar airport at an estimated cost of Rs 1,677 crore. “People want to visit the Valley, and there is high demand for air traffic” he said.In an official release, govt said the cabinet approved extension of Ahmedabad Metro at a cost of around Rs 1,067 crore. It will be completed in four years. This extended corridor is expected to benefit approximately 23,700 passengers in 2029.Govt approves equity investment hike of PowerGridThe Cabinet Committee on Economic Affairs Tuesday approved a proposal to increase the equity investment threshold of public sector enterprise Powergrid from Rs 5,000 crore to Rs 7,500 crore per subsidiary, enabling it to bid for capital-intensive transmission projects. It will allow Powergrid to expand investments in its core business and support the evacuation of renewable energy capacity, helping achieve the 2030 target of 500 GW from non-fossil fuel-based sources. End of ArticleFollow Us On Social MediaVideosFrom Gaza Tensions to Trade Deals; Modi’s High-Stakes Israel Tour Explained’India to Be 3rd Largest Economy’: Yogi Woos Investors at Singapore RoadshowShirtless Protest: Youth Congress Chief Arrested; Family’s Medical Emergency Ends In Air TragedyCanada To Address Transnational Repression, Nijjar Case Besides Trade In India Visit: Anita AnandNarendra Modi to Visit Israel, Jerusalem Prepares for High-Level VisitIndia’s Air Power on Full Display as IAF Conducts Spectacular Vayushakti Drill in PokharanIndian Students In Iran Seek Govt Help As March Exams Prevent Return Amid UnrestFrom Epstein Files to Trade Deal, Rahul Gandhi Launches All-Out Attack on PM ModiChief Minister Nitish Kumar Loses Cool In Bihar Assembly After Guns And Bullets Jibe By RJD MLAsIsrael’s Secret “Golden Horizon” Missile May Be Headed To India’s Su-30 Fleet123PhotostoriesShahid Kapoor birthday special: Best performances of the actor to watch on OTTHoli 2026: How to make desi style Gujiya at homeTop 5 cities in South India for real estate investment in 2026What is Lab-grown gold: How is it made and why it mattersSadya to Malabar Biryani: 12 iconic dishes of Kerala/Keralam every foodie should trySridevi death anniversary: ‘ChaalBaaz’, ‘Chandni’, ‘English Vinglish’, revisiting some of her most unforgettable films10 tallest statues in the world travellers need to add to their travel wish-listKerala to Keralam: Union Cabinet clears name change; 5 other places that were renamed10 traditional desi stuffed vegetables enjoyed as side dish and taste like magicTesla Model Y review in images: Design, interior, range and drive impressions123Hot PicksStock Market crashIBM share price crashGold rate todayKerala name changeIncome Tax CalculatorPublic holidays February 2026Bank Holidays februaryTop TrendingKayla NicoleOklahoma City Thunder vs Toronto RaptorsCooper FlaggEllen Addresses ControversyDonald TrumpColorado AvalancheMikko RantanenJosh Allen WifeDallas Mavericks vs Brooklyn NetsWho is Cam Reading
NEW DELHI: The cabinet Tuesday approved three multi-tracking railway projects, extension of Ahmedabad Metro and a new integrated airport terminal in Srinagar with a total investment of Rs 11,806 crore. The cabinet also approved an increase in MSP for raw jute.Announcing the decisions, I&B minister Ashwini Vaishnaw said the railway projects — doubling of Gondia-Jabalpur track and laying of third and fourth lines on Punarakh-Kiul and Gamharia-Chandil corridors — will increase Indian Railways’ network by about 307 km and will enable the national transporter to introduce 38 more express and passenger trains.The total investment in these projects, passing through eight districts across Maharashtra, MP, Bihar and Jharkhand, will be around Rs 9,072 crore and these will be completed by 2030-31.Vaishnaw also announced development of the Civil Enclave at Srinagar airport at an estimated cost of Rs 1,677 crore. “People want to visit the Valley, and there is high demand for air traffic” he said.In an official release, govt said the cabinet approved extension of Ahmedabad Metro at a cost of around Rs 1,067 crore. It will be completed in four years. This extended corridor is expected to benefit approximately 23,700 passengers in 2029.
Govt approves equity investment hike of PowerGrid
The Cabinet Committee on Economic Affairs Tuesday approved a proposal to increase the equity investment threshold of public sector enterprise Powergrid from Rs 5,000 crore to Rs 7,500 crore per subsidiary, enabling it to bid for capital-intensive transmission projects. It will allow Powergrid to expand investments in its core business and support the evacuation of renewable energy capacity, helping achieve the 2030 target of 500 GW from non-fossil fuel-based sources.