Page 45 - NIS English 01-15 October, 2025
P. 45

UNION CABINET DECISIONS


           DECISION : Approval for construction of 4-lane
           greenfield  access-controlled  Mokama-Munger
           section of Buxar-Bhagalpur High-Speed Corridor
           in Bihar on Hybrid Annuity Mode (HAM).
           IMPACT: The total length of the project is 82.40 km
           with a capital cost of about Rs 4,447.38 crore. The
           section provides connectivity to important regional
           cities  like  Mokama,  Barhiya,  Lakhisarai,  Jamalpur
           and Munger. It will reduce travel time by about 1.5
           hours. Also, provide safe, fast and seamless con-
           nectivity for passenger and freight vehicles.
           n  The proposed project of 82.40 km will generate
             direct  employment  of  about  14.83  lakh  man-       In alignment with the vision of  a
             days  and  indirect  employment  of  18.46  lakh        Aatmnirbhar and Viksit Bharat,
             man-days.
           n  The project will also create additional employ-        we are committed to expanding
             ment opportunities due to increased economic           rail services across the country. In
             activities  in  the  area  around  the  proposed       this direction, approval has been
             corridor.                                               granted for the doubling of  the
           The  Munger–Jamalpur-Bhagalpur  belt  in  Eastern       Bhagalpur-Dumka-Rampurhat rail
           Bihar is emerging as a key industrial region focus-    line. This will make life much easier
           ing  on  ordinance  factory,  locomotive  workshop,     for the people of  Bihar, Jharkhand,
           food processing and related logistics & warehous-
           ing  hubs.  Bhagalpur  stands  out  as  a  textile  and           and West Bengal.
           logistics hub, led by Bhagalpuri silk in Bhagalpur.       Narendra Modi, Prime Minister
           Barahiya  is  emerging  as  a  region  for  food  pack-
           aging, processing, and agro-warehousing. The in-       DECISION: Approval of incentive scheme of
           creased economic activity in the region is expected    Rs 1,500 crore to promote recycling of criti-
           to drive up the freight movement and the traffic on    cal minerals in the country.
           the Mokama-Munger section in the future.
                                                                  IMPACT: The scheme will be applicable for a
                                                                  period of 6 years from FY 2025-26 to FY 2030-
                                                                  31. This scheme is part of the National Critical
                                                                  Mineral Mission.
                                                                  n  The objective of this scheme is to develop
                                                                     recycling  capacity  for  separation  and  pro-
                                                                     duction  of critical  minerals from  sources
                                                                     such  as  e-waste,  lithium-ion battery  scrap
                                                                     and  catalytic  converters  of  old  vehicles  in
                                                                     the country.
                                                                  n  The total limit of incentive amount has been
                                                                     fixed  at  Rs  50  crore  for  large  enterprises
                                                                     and Rs 25 crore for small enterprises.
                                                                  n  This  scheme  will  bring  an  investment  of
                                                                     about Rs 8,000 crore and create about 70

                                                                     thousand direct and indirect jobs. n
                                                                            Scan the QR code to watch the press
                                                                            briefing on Cabinet decisions.

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