From industrial tasks to ethanol to curiosity subvention for ethanol distilleries: Here are key Cabinet bulletins

The Cabinet headed by Prime Minister Narendra Modi on Wednesday authorized three industrial tasks price Rs 7,725 crore underneath the National Industrial Corridor Programme. These embrace a multi-modal logistics and transport hubs at Uttar Pradesh’s Greater Noida, and industrial hall nodes at Andhra Pradesh’s Krishnapatnam and Karnataka’s Tumakuru area, Information and Broadcasting (I&B) Minister Prakash Javadekar mentioned.
Krishnapatnam Industrial Area in Andhra Pradesh and Tumakuru Industrial Area in Karnataka might be in Chennai Bengaluru Industrial Corridor (CBIC), the minister mentioned including that the entire estimated price of those tasks might be Rs 7,725 crore and the estimated employment technology is greater than 2.8 lakh individuals.

These tasks will place India as a powerful participant in world worth chains with developed land parcels in cities for quick allotment for attracting investments, he added.

Government approves Industrial nodes at Krishnapatnam, Tumakuru and Multi Modal Logistics Hub & Multi Modal Transport Hub at Greater Noida #CabinetSelections #IndustrialCorridors pic.twitter.com/HBwhoOpff7
— PIB India (@PIB_India) December 30, 2020
Cabinet approves opening missions in Estonia, Paraguay, Dominican Republic
Apart from the choice on industrial tasks, the Cabinet additionally authorized opening of Indian missions in Estonia, Paraguay and Dominican Republic, to assist promote commerce and cultural relations with these nations, Javadekar knowledgeable.
He mentioned that Prime Minister Modi has all the time pitched for sustaining good relations with all nations and this transfer was part of their efforts to strengthen ties with different nations.
Cabinet approves curiosity subvention for ethanol distilleries
The Cabinet additionally authorized an curiosity subvention of Rs 4,573 crore for brand spanking new distilleries producing ethanol, which can be utilized for doping in petrol, Oil Minister Dharmendra Pradhan mentioned.
He added {that a} modified scheme to boost ethanol distillation capability has been authorized and this can assist in producing first-generation ethanol from feed shares comparable to cereals (rice, wheat, barley, corn and sorghum), sugarcane and sugar beet and so on.
India will want about 1,000 crore litre of ethanol for doping in petrol by 2030 with a view to chop dependency on imports for assembly oil wants, he mentioned including that the nation at present has a capability of 684 crore litres.
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