New Delhi [India], Prime Minister Narendra Modi on Wednesday lauded the Union Cabinet's decisions to increase the minimum support price (MSP) on 14 Kharif crops and the development of Lal Bahadur Shastri International Airport, Varanasi.
The Prime Minister also praised the approval of the Viability Gap Funding (VGF) scheme for offshore wind energy projects and the development of a major port at Wadhawan in Maharashtra.
The Union Cabinet chaired by Prime Minister Narendra Modi today approved the increase in the Minimum Support Price (MSP) for all essential Kharif crops for the marketing season 2024-25. “Our government is committed to ensuring the welfare of farmer brothers and sisters across the country. It is continuously taking important steps. In this direction, today the Cabinet has approved the increase in the minimum support price of all major Kharif crops for the year 2024-25.PM Modi posted on X.
The government has increased the MSP of Kharif crops for the marketing season 2024-25 to ensure remunerative prices to producers for their produce. The highest increase in MSP compared to last year has been recommended for oilseeds and pulses. Niger seed (Rs. 983/- per quintal) followed by sesame (Rs. 632/- per quintal) and tur/arhar (Rs. 550/- per quintal).
Cost data for paddy (Grade A), sorghum (Maldandi) and cotton (long fibre) has not been compiled separately."Increase in MSP for Kharif crops for marketing season 2024-25 announced in Union Budget 2018-19 In line with the MSP, in which the MSP has been announced to be fixed at a level of at least 1.5 times the all India weighted average cost of production, the expected margin to farmers on their cost of production is estimated to be highest in the case of millet (77 per cent). followed by tur (59 per cent), maize (54 per cent) and urad (52 per cent) for the remaining crops. Farmers' margin on their cost of production is estimated to be 50 per cent.,
In recent years, the government has been promoting the cultivation of crops other than cereals such as pulses and oilseeds and nutrient cereals/Sri Anna, by offering higher MSP for these crops.
Union Cabinet approved Viability Gap Funding (VGF) Scheme for Offshore Wind Energy Projects at a total outlay of Rs 7453 crore, including Rs 6853 crore for setting up and commissioning of 1 GW offshore wind energy projects (500 MW each). Outlay is also included. off the coasts of Gujarat and Tamil Nadu), and a grant of Rs 600 crore for upgrading two ports to meet the logistics requirements for offshore wind energy projects. The Prime Minister further said that "1 GW offshore wind power projects off the coasts of Gujarat and Tamil Nadu The Cabinet decision to approve the funding scheme for wind projects will increase our renewable energy capacity, reduce CO2 emissions and create many jobs.”
The VGF Scheme is a major step towards the implementation of the National Offshore Wind Energy Policy notified in 2015 to harness the huge offshore wind energy potential existing within the Exclusive Economic Zone of India.The Government's VGF support will reduce the cost of power from offshore wind projects and make them viable for procurement by Discoms. While the projects will be set up by private developers selected through a transparent bidding process, the power generation infrastructure including offshore substations will be constructed by the Power Grid Corporation of India Limited (PGCIL). The Ministry of New and Renewable Energy will be the nodal ministry. , will coordinate with various Ministries/Departments to ensure successful implementation of the scheme.
The Union Cabinet approved the proposal of Airports Authority of India for development of Lal Bahadur Shastri International Airport, Varanasi including construction of new terminal building, apron extension, runway extension, parallel taxi track and allied works.
“Our government is committed to increasing connectivity across the country.In this direction, we have approved the development of Varanasi International Airport. This will make life easier for the people here, and will also provide great convenience to the pilgrims visiting Kashi," PM Modi posted on Twitter. The passenger handling capacity of the airport will be increased from the current 3.9 MPPA to 9.9 million passengers per annum (MPPA). ) The estimated financial expenditure to undertake this will be Rs 2869.65 crore.
The new terminal building, covering an area of 75,000 sq.m., is designed to have a capacity of 6 MPPA and handle 5000 peak hour passengers (PHP). The proposal includes expanding the runway to 4075 m x 45 m and constructing a new apron to park 20 aircraft.In a post on Twitter, PM Modi said, "Today's Cabinet decision on developing a major port at Wadhawan in Maharashtra will boost economic growth and also generate large-scale employment opportunities in India." Also approved is a five-year Central Sector Scheme of Rs 2254.43 crore to enhance forensic infrastructure.
The plan underlines the importance of high-quality, trained forensic professionals in the timely and scientific investigation of evidence for an efficient criminal justice process, taking advantage of advances in technology and evolving manifestations and methods of crime.
The financial outlay of the Central Sector Scheme “National Forensic Infrastructure Enhancement Scheme” (NFIES) will be provided by the Ministry of Home Affairs from its budget. The Union Cabinet chaired by Prime Minister Narendra Modi has approved Rs. 2254.43 crore during the period 2024-25 to 2028-29. Approved the proposal for Central Sector Scheme of the Ministry of Home Affairs with a total financial outlay of Rs. crore.The Cabinet has approved three major components under the scheme: establishment of National Forensic Science University (NFSU) campuses in the country, establishment of Central Forensic Science Laboratories in the country and augmentation of the existing infrastructure of the Delhi campus. Of NFSU.
The Prime Minister also praised the approval of the Viability Gap Funding (VGF) scheme for offshore wind energy projects and the development of a major port at Wadhawan in Maharashtra.
The Union Cabinet chaired by Prime Minister Narendra Modi today approved the increase in the Minimum Support Price (MSP) for all essential Kharif crops for the marketing season 2024-25. “Our government is committed to ensuring the welfare of farmer brothers and sisters across the country. It is continuously taking important steps. In this direction, today the Cabinet has approved the increase in the minimum support price of all major Kharif crops for the year 2024-25.PM Modi posted on X.
The government has increased the MSP of Kharif crops for the marketing season 2024-25 to ensure remunerative prices to producers for their produce. The highest increase in MSP compared to last year has been recommended for oilseeds and pulses. Niger seed (Rs. 983/- per quintal) followed by sesame (Rs. 632/- per quintal) and tur/arhar (Rs. 550/- per quintal).
Cost data for paddy (Grade A), sorghum (Maldandi) and cotton (long fibre) has not been compiled separately."Increase in MSP for Kharif crops for marketing season 2024-25 announced in Union Budget 2018-19 In line with the MSP, in which the MSP has been announced to be fixed at a level of at least 1.5 times the all India weighted average cost of production, the expected margin to farmers on their cost of production is estimated to be highest in the case of millet (77 per cent). followed by tur (59 per cent), maize (54 per cent) and urad (52 per cent) for the remaining crops. Farmers' margin on their cost of production is estimated to be 50 per cent.,
In recent years, the government has been promoting the cultivation of crops other than cereals such as pulses and oilseeds and nutrient cereals/Sri Anna, by offering higher MSP for these crops.
Union Cabinet approved Viability Gap Funding (VGF) Scheme for Offshore Wind Energy Projects at a total outlay of Rs 7453 crore, including Rs 6853 crore for setting up and commissioning of 1 GW offshore wind energy projects (500 MW each). Outlay is also included. off the coasts of Gujarat and Tamil Nadu), and a grant of Rs 600 crore for upgrading two ports to meet the logistics requirements for offshore wind energy projects. The Prime Minister further said that "1 GW offshore wind power projects off the coasts of Gujarat and Tamil Nadu The Cabinet decision to approve the funding scheme for wind projects will increase our renewable energy capacity, reduce CO2 emissions and create many jobs.”
The VGF Scheme is a major step towards the implementation of the National Offshore Wind Energy Policy notified in 2015 to harness the huge offshore wind energy potential existing within the Exclusive Economic Zone of India.The Government's VGF support will reduce the cost of power from offshore wind projects and make them viable for procurement by Discoms. While the projects will be set up by private developers selected through a transparent bidding process, the power generation infrastructure including offshore substations will be constructed by the Power Grid Corporation of India Limited (PGCIL). The Ministry of New and Renewable Energy will be the nodal ministry. , will coordinate with various Ministries/Departments to ensure successful implementation of the scheme.
The Union Cabinet approved the proposal of Airports Authority of India for development of Lal Bahadur Shastri International Airport, Varanasi including construction of new terminal building, apron extension, runway extension, parallel taxi track and allied works.
“Our government is committed to increasing connectivity across the country.In this direction, we have approved the development of Varanasi International Airport. This will make life easier for the people here, and will also provide great convenience to the pilgrims visiting Kashi," PM Modi posted on Twitter. The passenger handling capacity of the airport will be increased from the current 3.9 MPPA to 9.9 million passengers per annum (MPPA). ) The estimated financial expenditure to undertake this will be Rs 2869.65 crore.
The new terminal building, covering an area of 75,000 sq.m., is designed to have a capacity of 6 MPPA and handle 5000 peak hour passengers (PHP). The proposal includes expanding the runway to 4075 m x 45 m and constructing a new apron to park 20 aircraft.In a post on Twitter, PM Modi said, "Today's Cabinet decision on developing a major port at Wadhawan in Maharashtra will boost economic growth and also generate large-scale employment opportunities in India." Also approved is a five-year Central Sector Scheme of Rs 2254.43 crore to enhance forensic infrastructure.
The plan underlines the importance of high-quality, trained forensic professionals in the timely and scientific investigation of evidence for an efficient criminal justice process, taking advantage of advances in technology and evolving manifestations and methods of crime.
The financial outlay of the Central Sector Scheme “National Forensic Infrastructure Enhancement Scheme” (NFIES) will be provided by the Ministry of Home Affairs from its budget. The Union Cabinet chaired by Prime Minister Narendra Modi has approved Rs. 2254.43 crore during the period 2024-25 to 2028-29. Approved the proposal for Central Sector Scheme of the Ministry of Home Affairs with a total financial outlay of Rs. crore.The Cabinet has approved three major components under the scheme: establishment of National Forensic Science University (NFSU) campuses in the country, establishment of Central Forensic Science Laboratories in the country and augmentation of the existing infrastructure of the Delhi campus. Of NFSU.
