The Union Cabinet, in its meeting chaired by prime minister Narendra Modi on Feb 9, approved auction of 10,523 MHz spectrum within the current fiscal year, setting a reserve price of ₹96,317 crore. 

In another significant decision, the Cabinet Committee on Economic Affairs (CCEA) also approved six multi-tracking railway projects with a total outlay of ₹12,343 crore.

These projects, spanning across Rajasthan, Gujarat, Telangana, Andhra Pradesh, Assam, and Nagaland, aim to enhance rail connectivity, improve transportation efficiency, and boost economic growth in the respective regions. 

It also greenlit the Central sector sub scheme, “Pradhan Mantri Matsya Kisan Samriddhi Sahay Yojana (PMMKSSY),” which focuses on the formalisation of the fisheries sector, and approved the continuation of the Fisheries and Aquaculture Infrastructure Development Fund until March 2026. 

“This extension will provide continued support for the development of infrastructure in the fisheries and aquaculture sectors, thereby facilitating increased productivity and income for fishermen,” an official said.

(Source: IANS)

-Edited for style

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