The prime minister has reiterated his determination for the welfare of farmers, says Amit Shah
New Delhi:
Union Minister Amit Shah on Wednesday praised the Union cabinet’s decision to approve the export of the Akash missile system, saying this will further boost India’s effort to achieve the $ 5 billion target. defense export.
In a series of tweets, Shah also said that the approval of the 7,725 crore industrial corridor proposals will generate more than 2.8 lakh of jobs.
“A landmark decision to boost India’s defense exports. The cabinet led by Prime Minister Narendra Modi approved the export of the Akash missile system and a committee for faster approvals has also been created. This will further boost the effort of India to reach the USD 5 billion defense export target, “he said.
The Interior Minister also said: “I congratulate Prime Minister Narendra Modi ji, for approving proposals for industrial corridors worth 7,725 crore in today’s cabinet, which will generate more than 2.8 lakh of jobs. These projects they will give a boost to “Aatmanirbhar Bharat” and will boost investments throughout the country.
I congratulate PM @Narendra Modi hee, for approving proposals for industrial corridors worth ₹ 7,725 crore in today’s cabinet, which will generate more than 2.8 lakh of jobs. These projects will give a boost to “Aatmanirbhar Bharat” and will boost investments across the country.
– Amit Shah (@AmitShah) December 30, 2020
In another tweet in Hindi, Shah said that the prime minister has reiterated his determination for the well-being of farmers by taking an unprecedented decision to increase distillation capacity for ethanol production from agricultural products to double the income of farmers. farmers.
“This will create empowerment and employment for farmers, and eliminate pollution,” he said.
In an important move to boost national defense manufacturing, the Union Cabinet approved the export of the locally developed Akash surface-to-air missile system and established a panel to ensure faster approvals for procurement proposals from various countries.
Akash missile systems have more than 96% indigenous components and the weapon can hit targets at a distance of 25 km.
The cabinet also approved a proposal to establish industrial corridor nodes at Krishnapatnam in Andhra Pradesh and Tumakuru in Karnataka under the Chennai Bengaluru Industrial Corridor (CBIC).
The proposals have an estimated total cost of Rs 7,725 crore and an estimated job creation of more than 2.8 lakh people, Union Minister Prakash Javadekar said.
The cabinet also approved a plan to provide bank loans at lower rates to distilleries that produce ethanol for doping in gasoline, with a view to increasing India’s ethanol production capacity to absorb excess sugar and reduce oil imports.
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