Cabinet Decisions Lead to ₹1 Trillion Outlay for Rural Roads, E-Mobility, and Health Cover
Wednesday, 11 September 2024, 11:42
Cabinet Investments in Rural Infrastructure and Health
The Union cabinet on Wednesday approved projects worth over ₹1 trillion, focusing on enhancing rural roads, promoting e-mobility, and providing health cover for senior citizens. The investments target critical areas that are expected to catalyze socio-economic growth.
Boosting Rural Roads
- ₹70,125 crore allocated for rural roads scheme over 5 years (FY25 to FY29).
- Target of connecting 25,000 unconnected habitations to improve accessibility.
- Infrastructure investment aims to support 62,500 km of new roads.
Improving Health Coverage
- Health cover for senior citizens aged 70 and above under Ayushman Bharat Pradhan Mantri Jan Yojana (AB-PMJAY).
- Benefit expected for 45 million families and around 60 million senior citizens, offering ₹5 lakh per family in free health insurance.
Advancing Renewable Energy
- Approval of ₹12,461 crore for hydropower projects, aiming to set up a cumulative capacity of 31.35 GW.
- Financial support for necessary infrastructure development (roads, bridges, etc.).
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.