Cabinet clears Rs 1.52 lakh crore push across cotton, railways, semiconductors, sugar and credit schemes – The Times of India

In a broad-primarily based coverage push spanning agriculture, infrastructure, manufacturing and monetary help, the Union Cabinet on Tuesday cleared tasks and schemes price over Rs 1.52 lakh crore, signalling a robust concentrate on productiveness, capability growth and strategic sectors.On the centre of the choices is the Mission for Cotton Productiveness – Kapas Kanti, with an outlay of Rs 5,659 crore. The programme is geared toward enhancing yields, enhancing high quality and strengthening India’s place in international cotton markets at a time when textile worth chains are below stress.The Cabinet additionally accredited the Truthful and Remunerative Worth (FRP) for sugarcane for the 2026-27 season, with an estimated monetary implication of round Rs 1 lakh crore. The transfer is anticipated to help farmers’ incomes and guarantee stability within the sugar sector.In a lift to credit circulation, the federal government cleared Emergency Credit Line Assure Scheme (ECLGS) 5 with an outlay of Rs 18,100 crore, geared toward supporting burdened sectors and guaranteeing continued liquidity for companies navigating a difficult macro setting.Infrastructure growth shaped a serious half of the approvals. The Cabinet sanctioned a ship restore facility at Vadinar with an funding of Rs 1,570 crore, strengthening India’s maritime capabilities.Railway capability augmentation tasks additionally featured prominently, with approvals for:

These tasks are geared toward easing congestion, enhancing freight motion and supporting industrial progress corridors.The Cabinet additionally superior India’s semiconductor ambitions with approvals for 2 models –Crystal Matrix Ltd (Rs 3,068 crore) and Suchi Semicon Pvt Ltd (Rs 868 crore)–reinforcing efforts to construct home electronics manufacturing capability.As well as, a coverage resolution was additionally taken to strengthen the Supreme Courtroom.