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Textile expansion: Govt okays 17 firms under PLI scheme; new projects eye Rs 12,893 crore sales lift

The government has approved 17 additional applicants under the Production Linked Incentive (PLI) Scheme for textiles in the third selection round, a move the Textile Ministry said will strengthen domestic manufacturing and improve India’s competitiveness in man-made fibre (MMF) apparel, MMF fabrics and technical textiles.According to the ministry, the newly approved companies have committed investments…

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Govt okays Rs 25k crore export mission and extra credit for traders hit by tariffs | India News

NEW DELHI: The cabinet on Wednesday cleared the ‘25,000-cr Export Promotion Mission and ‘20,000 cr additional collateral-free credit to support exporters grappling with global trade uncertainty. Priority support is being given to sectors such as textiles, leather, gems and jewelry, engineering goods, and marine products hit by US tariffs. The mission, which was announced in…

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Assam: Govt okays widening of section of NH-715 to 4 lanes; to cost Rs 6.9K cr | India News

NEW DELHI: Aimed at eliminating men, vehicle and animal conflict in Kaziranga National Park (KNP), the Cabinet Wednesday approved widening and improvement of 86-km Kalibor-Numaligarh section of NH-715 in Assam, including three elevated sections of 34.5 km through the national park.The Rs 6,957 crore project will be fully funded by govt. Once the elevated section…

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Centre okays 10k more MedEd seats, to cost Rs 15k crore over 4 years | India News

NEW DELHI: India’s medical education system is set for its biggest expansion yet, with the Cabinet on Wednesday approving the creation of 5,000 new postgraduate seats and 5,023 MBBS seats in govt institutions. It also cleared the Department of Scientific and Industrial Research’s (DSIR) Capacity Building and Human Resource Development scheme with an outlay of…

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Railways boost: Cabinet okays Rs 2,192 crore project to double Bakhtiyarpur-Rajgir-Tilaiya line; move to aid freight, pilgrims and local economy

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the doubling of the 104 km Bakhtiyarpur–Rajgir–Tilaiya railway line in Bihar at an estimated cost of Rs 2,192 crore.The project will expand the Indian Railways network across four districts and improve connectivity to important destinations such as Rajgir, Nalanda and…

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