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Cabinet Approves Pradhan Mantri Surya Sarovar Yojana for Floating Solar Why in the News ? The Union Cabinet has approved the Pradhan Mantri Surya Sarovar Yojana, a ₹5,070-crore scheme to promote floating solar power projects. The initiative aims to achieve 5,000 MW of floating solar capacity by 2030–31, enhancing India’s renewable energy transition. Key Features …
Read MoreCabinet Approves Semicon, Mobility And Infrastructure Expansion Plans Why in the News ? The Cabinet Committee on Economic Affairs (CCEA) has approved major initiatives, including Semicon Mission 2.0, the Mobile Phone Manufacturing Scheme (MPMS), new gas-based urea plants, and Varanasi highway projects, to strengthen manufacturing, infrastructure, and agricultural self-reliance while advancing India’s Indo-Pacific strategy through …
Read MoreCABINET APPROVES COAL GASIFICATION PACKAGE Why in the News? Cabinet Approval: The Union Cabinet approved a ₹37,500-crore package to promote coal gasification projects in India. Import Reduction: The scheme aims to reduce dependence on imports of LNG, urea, methanol, ammonia, and coking coal. 2030 Target: India targets gasification of 100 million tonnes of coal by …
Read MorePM APPROVES FOUR MAJOR WELFARE AND DEVELOPMENT SCHEMES Why in the News? Policy Decisions: Prime Minister approved four major schemes covering women empowerment, agriculture infrastructure, accident care, and startups from Seva Teerth office. Welfare Expansion: Government announced enhanced financial outlays and expanded targets for Lakhpati Didi, Agriculture Infrastructure Fund, PM RAHAT, and Startup India Fund …
Read MoreCabinet Clears Bill For 100% FDI Insurance Why in the News ? The Union Cabinet approved the Insurance Laws (Amendment) Bill, 2025 to allow 100% Foreign Direct Investment (FDI) in the insurance sector, subject to domestic investment of premiums, aiming to deepen insurance penetration, boost infrastructure financing, and improve ease of doing business. Insurance FDI …
Read MoreCabinet Approves Scheme to Boost Critical Mineral Recycling Why in the News ? The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹1,500 crore incentive scheme to promote critical mineral recycling under the National Critical Mineral Mission (NCMM). This legislation, part of broader policy reforms, aims to strengthen domestic supply chains and …
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