Page 35 - English 01-15 March, 2026
P. 35

UNION CABINET DECISIONS








                                                                  The Cabinet has also approved a
                                                                4-lane access-controlled greenfield
                                                                    corridor between Gohpur and
                                                                Numaligarh. This includes India’s

                                                                   first underwater road-cum-rail
                                                                   tunnel under the Brahmaputra.
                                                                  This transformative project will
                                                                    enhance connectivity, reduce

                                                                    logistics costs, and accelerate
                                                                   development in Assam and the
                                                                            entire Northeast

                                                                      Narendra Modi, Prime Minister
             DECISION: Approval for the
             establishment of  Startup India Fund
             of  Funds 2.0 (Startup India FoF 2.0),                DECISION: Cabinet approves  proposal for
             providing a major boost to India’s                    transitioning from North and South Blocks
             growing startup ecosystem.                            to ‘Seva  Teerth’ and ‘Kartavya Bhavans’:

             IMPACT: A total corpus of ₹10,000 crore               Paving the Way for  the ‘Yuge Yugeen
             has been allocated for this initiative. It aims       Bharat’ National Museum
             to raise venture capital for the country’s            IMPACT: On February 13, 2026, Prime Minis-
             startup ecosystem. The scheme aims to                 ter Narendra Modi dedicated the new Prime
             strengthen the venture capital ecosystem              Minister’s Office, now known as ‘Seva Teerth’,
             by mobilising long-term domestic capital              to the nation.  The  Union Cabinet met  for
             and accelerating the next phase of India’s            the last time in that room in South Block on
             startup journey by supporting innovation-             February 13. It was not merely a moment of
             based entrepreneurship across the country.            change of place but also a moment of the con-
             Startup India FoF 2.0, launched under the             fluence of history and the future. The Cabinet
             Startup India initiative, is the culmination          also  resolved  that  North and South  Blocks
             of nearly a decade of sustained efforts to            be  made  part  of the “Yuge  Yugeen  Bharat
             position India as one of the leading startup          National Museum”,  which  will  continue  to
             nations in the world.                                 inspire generations from  our  thousands-
                                                                   of-years-old  civilisation. This  museum  will
                                                                   celebrate  our timeless  and eternal  cultural
                                                                   heritage and connect our glorious past with a
                                                                   prosperous future.
        zen-centric reforms to build high-quality urban infra-
        structure. The fund aims to create resilient, productive,   DECISION:  Approval of extension corridor
        inclusive, and climate-resilient cities that can become    from Noida Sector 142 to Botanical Garden
        key  drivers  of  the  country’s  next  phase  of  economic   (Noida) for a length of 11.56 km with 8 stations.
        growth. The Fund will be operational from FY 2025-26       IMPACT:  It  will  have  8 elevated  stations.
        to FY 2030-31, with an extension to FY 2033-34.            Upon commissioning, this  corridor  will  add


                                                                       March 1-15, 2026 || NEW INDIA SAMACHAR   33
   30   31   32   33   34   35   36   37   38   39   40