Union Finance Minister Arun Jaitley (File Photo)
Union Finance Minister Arun Jaitley (File Photo)

Government puts in Rs 4,500 crore to boost regional connectivity

ANI | Updated: Mar 07, 2019 16:32 IST

New Delhi [India], Mar 7 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved extension of  time and scope for revival and development of unserved and under-served air strips of state governments, Airports Authority of India (AAI), civil enclaves, central public sector units, helipads and water aerodromes at a cost of Rs 4,500 crore.
It also approved the proposal for surrendering encroached AAI’s land measuring 106.76 acres situated at Gandhi Nagar in Bhopal to the state government of Madhya Pradesh. It is in lieu of 96.56 acres of land already handed over by the state government. The remaining 10.20 acres will be handed over by the state government to AAI.
The CCEA chaired by Prime Minister Narendra Modi approved phase III-A of the Mumbai Urban Transport Project with total estimated cost of Rs 33,690 crore. The project is likely to be completed in five years.
It also approved investment sanction for acquisition of Lanco Teesta Hydro Power Ltd and execution of balance work of the Teesta stage 6 project by NHPC Ltd in Sikkim. The project will be implemented at a cost of Rs 5,748.04 crore.
The CCEA approved investment sanction for construction of Kiru Hydro Electric Project (624 MW) by Chenab Valley Power Projects in Jammu and Kashmir. The project will be implemented at an estimated cost of Rs 4,287.59 crore.
It also approved the construction of a third railway line between Narayangarh in West Bengal and Bhadrak in Odisha at a cost of Rs 1,866.31 crore. It is slated for completion during the year 2023-24.
It approved the setting up of 50 new Kendriya Vidyalayas under civil and defence sector across the country to provide quality education to about 50,000 students.
The CCEA approved continuation of National AIDS Control Programme 4 beyond 12th Five Year Plan from April 2017 to March 2020 with a total outlay of Rs 6,434.76 crore.
It also approved recommendations of a Group of Ministers (GoM) constituted to examine the specific recommendations of a  high-level empowered committee constituted to address the issues of stressed thermal power projects. (ANI)