Page 31 - NIS English 16-31 March, 2026
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UNION CABINET DECISONS
operations, and any losses incurred in such operations will Historic First Meeting of
be fully borne by the Central Government. the Union Cabinet Held
at ‘Seva Teerth’
DECISION: Approval given to delegate additional
powers to Power Grid under the existing guidelines of
the Department of Public Enterprises dated February
4, 2010, regarding the delegation of powers applicable
to Maharatna CPSEs.
IMPACT: This approval increases the equity investment
limit per subsidiary of Power Grid from the current n5,000
crore to n7,500 crore, while maintaining the existing limit
of 15 percent of the company’s total assets. This approval
will help Power Grid, the country’s largest and most expe- Under the chairmanship of Prime
Minister Narendra Modi, the historic first
rienced transmission service provider, to increase invest- meeting of the Union Cabinet was held
ments in its core business and boost the use of renewable at the new Prime Minister's Office, 'Seva
energy capacity, thereby achieving the target of 500 GW Teerth'. With this meeting, the Union
from non-fossil-based sources. Cabinet reiterated its resolve that every
decision taken here will be inspired by a
DECISION: Approval of three multi-tracking projects to spirit of service to 1.4 billion countrymen
and will be linked to the broader goal
increase the number of railway lines in eight districts of of nation-building. Every decision taken
Maharashtra, Madhya Pradesh, Bihar, and Jharkhand. in this complex will be inspired by the
IMPACT: Indian Railways’ existing network will be ex- spirit of 'Nagrik Devo Bhava'. This place
panded by approximately 307 kilometers. The proposed will not be a center for the ostentation
multi-tracking projects will improve connectivity to approx- of power but for the empowerment of
imately 5,407 villages, with a population of approximately every Indian. Every effort of governance
driven by 'Seva Teerth' will be rooted in
9.8 million. These projects will be completed by 2030-31 the spirit of simplifying the lives of the
at an estimated cost of n9,072 crore. The increased rail marginalized persons in the country.
line capacity will significantly improve traffic flow and
enhance Indian Railways’ operational efficiency and service
reliability. Upon completion, this work will help streamline DECISION: Approval of the extension of
operations and reduce freight and passenger congestion. the existing North-South Corridor from
GIFT City to Shahapur under Gujarat
Metro Rail Corporation Limited.
IMPACT: This corridor will be 3.33 kilometers
long and will have three elevated stations. The
project is scheduled to be completed in ap-
proximately four years. The estimated cost of
this project is n1,067.35 crore. This expanded
corridor is expected to serve approximately
23,702 passengers by 2029 and approximately
58,059 passengers by 2041. This corridor will
strengthen connectivity between Ahmedabad
and the GIFT region. Major multinational com-
panies, educational institutions, and commer-
cial centers located along the proposed route
will directly benefit from this. n
March 16-31, 2026 || NEW INDIA SAMACHAR 29
