Union Cabinet Meeting: Three big decisions in Modi cabinet, global level solar panels will be made in the country

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Three large selections have been taken within the assembly of Narendra Modi cupboard. By which the PIL scheme in photo voltaic panels was authorised. After which world-class photo voltaic panels might be made within the nation. After the cupboard assembly, Anurag Thakur stated, after getting the approval of the PIL scheme, now an increasing number of photo voltaic panels might be manufactured within the nation. Together with this, there will even be a discount in imports from overseas.

Approval of PIL scheme in photo voltaic panels

Union Minister Anurag Thakur stated within the press convention, the Cupboard has authorised the PLI scheme of Rs 19,500 crore for the Nationwide Program of Excessive Effectivity Photo voltaic PV Modules. Additionally, PLI scheme has been introduced in 14 areas.

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Nationwide Logistics Coverage authorised

The Union Cupboard on Wednesday authorised the Nationwide Logistics Coverage. Union Info and Broadcasting Minister Anurag Thakur gave this info after the cupboard assembly. The target of the Nationwide Logistics Coverage is to scale back the price of transportation and promote the sleek provide of products within the nation. Prime Minister Narendra Modi launched the Nationwide Logistics Coverage final week. Introducing this coverage, he had stated that we should always scale back the present logistics price of enterprise from 13-14 % to deliver it down by one digit i.e. 10 % on the earliest. On this coverage, with an in depth framework for the logistics sector, consideration might be given to varied sectors like multi-modal transport. The coverage goals to deliver effectivity in logistics companies and human sources by means of streamlining processes, regulatory framework, ability growth and applied sciences.

Modification authorised in plan to develop semiconductor, show manufacturing ecosystem

The Union Cupboard chaired by Narendra Modi additionally authorised amendments to the scheme to develop the semiconductor, show manufacturing ecosystem. 50% incentive might be given for semiconductor fabs for expertise nodes in addition to for composite semiconductor, packaging and different semiconductor amenities.

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