India Government has approved the development of 12 industrial smart cities across 10 states with an investment of Rs 28,602 crore. This initiative is projected to attract Rs 1.52 lakh crore in investments and create approximately 9.39 lakh direct jobs, with potential indirect employment reaching 30 lakh. The cities will be strategically placed along six major industrial corridors, enhancing regional development.
Additionally, the Cabinet has greenlit three significant railway projects, expanded the Agri Infrastructure Fund to include advanced processing and PM-Kusum scheme components, and allocated Rs 4,136 crore for hydroelectric projects in the North East. These efforts aim to boost connectivity, agricultural efficiency, and clean energy, supporting India’s digital and economic growth.