Cabinet increases minimum support price for raw jute by Rs 315
The Union Cabinet has increased the minimum support price (MSP) for raw jute by Rs 315, setting it at Rs 5,650 per quintal for the 2025-26 marketing season.
The Union Cabinet on Tuesday approved road building programmes of around Rs 7 lakh crore with a target to construct 83,677 km of roads in the next five years.
These programmes, including Bharatmala project of around 35,000 km with an investment of Rs 5.35 lakh crore, are likely to create 14.2 crore Mandays of jobs.
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“The Bharatmala project include 9,000 km of economic corridor to smoothen connectivity of manufacturing hubs,” the government announced at a media briefing after a meeting of the Union Cabinet.
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Finance Secretary Ashok Lavasa said to ensure holistic connectivity, the government has approved creation of an Inter Corridor and feeder routes.
“Through this 6,000 km of roads will be constructed,” he said.
To boost border roads and international connectivity, the government approved construction of 2,000 km of roads along the eastern and western borders of the country.
Boosting all-round connectivity, the government also approved construction of roads of 10,000 km.
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