Page 8 - NIS English 1-15 June, 2026
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UNION CABINET DECISIONS
momentum through the design infrastructure
support provided by the government to 315 DECISION: The Cabinet Committee on
academic institutions and 104 startups. Economic Affairs approved three multi-tracking
n Momentum within India’s semiconductor ecosystem projects covering 19 districts across the states
is accelerating, with ten approved projects already at of Madhya Pradesh, Rajasthan, Uttar Pradesh,
Karnataka, Andhra Pradesh, and Telangana.
various stages of implementation.
IMPACT: This will result in an addition of
approximately 901 kilometres to the Indian
DECISION: Approval of the Emergency Credit Railways’ existing network.
Line Guarantee Scheme (ECLGS) 5.0 n The total estimated cost of these projects is
IMPACT: The objective of this scheme is to enable ₹23,437 crore, and they are scheduled to be
businesses to recover from the challenges arising completed by the year 2030-31.
from the conflict in West Asia. Additionally, it is expect- n The proposed multi-tracking projects will
ed to assist businesses in sustaining their operations, improve connectivity for approximately 4,161
safeguarding jobs, and maintaining supply chains. villages, serving a combined population of
n The proposed credit guarantee scheme represents a about 83 lakh.
crucial step toward assisting businesses, particularly
MSMEs and the airline sector, by ensuring that their These projects include
additional working capital requirements are met by
banks and financial institutions. Nagda- Guntakal- Burhwal-
Mathura: 3rd Wadi: 3rd and Sitapur: 3rd
n By ensuring the timely availability of funds, this and 4th Lines 4th Lines and 4th Lines
scheme will help sustain businesses and prevent job
losses.
n It will also foster uninterrupted domestic production
and uphold the resilience of the ecosystem.
DECISION: The cabinet approves the ship repair
facility at Vadinar, Gujarat
IMPACT: The Vadinar Ship Repair Centre will direct- increasing the number of judges in the Supreme
ly address a critical gap currently existing in India’s Court of India, excluding the Chief Justice, from the
ship repair infrastructure, as the country currently current 33 to 37.
lacks adequate domestic capacity to repair large n The increase in the number of judges will enable
vessels exceeding 230 metres in length. By enabling the Supreme Court to function more efficiently and
the repair of vessels up to 300 metres, this centre effectively, thereby ensuring speedier justice.
will make high-value repairs of large ships possible n Expenditure incurred on the salaries and other
within India itself. This will significantly reduce emoluments of the judges and supporting staff will
dependence on foreign shipyards and curb the be met from the Consolidated Fund of India.
outflow of foreign exchange.
n The project is expected to create sustainable DECISION: Fair and Remunerative Price (FRP)
employment, generating approximately 290 direct of ₹365 per quintal approved for sugarcane
and around 1,100 indirect jobs across ship repair, farmers for the 2026-27 sugar production season
logistics, and ancillary industries, while catalysing a IMPACT: This decision has been taken keeping
broader maritime industrial ecosystem. the interests of sugarcane farmers in mind. This
decision will benefit 5 crore sugarcane farmers, as
DECISION: Approval granted for the proposal well as 5 lakh workers engaged in sugar mills and
to introduce the Supreme Court (Number of associated ancillary activities.
Judges) Amendment Bill, 2026, in Parliament
IMPACT: The objective is to amend the Supreme DECISION: Approval granted for an incentive
Court (Number of Judges) Act, 1956, thereby scheme for coal/lignite gasification projects
6 NEW INDIA SAMACHAR || June 1-15, 2026

