Thursday, November 12, 2026
17.7 C
Srinagar

Cabinet approves Rs 58k crore PM e-Bus Sewa, Vishwakarma scheme also cleared

 

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved PM e-Bus Sewa on Wednesday with an estimated cost of Rs 57,613 crore.

Briefing the media on the Cabinet decision, Information and Broadcasting (I&B) Minister Anurag Thakur said that 10,000 new electric buses will be made available under PM e-Bus Sewa.

Thakur said that out of 169 cities in the country, 100 will be selected for the e-Bus Sewa scheme based on a challenge method.

The Minister said that under the Green Urban Mobility Initiatives, bus rapid transport projects would be developed along with non-motorised infrastructure like bike sharing and bicycle lanes.

“Innovative projects like the National Common Mobility Card, the Intelligent Transit Management System, and multimodal interchange facilities would also be developed,” he said.

The Cabinet also approved the PM Vishwakarma’ scheme to support traditional artisans and craftspeople in rural and urban India. The scheme will have an initial financial outlay of Rs 13,000 crore.

Minister for Railways, Communications, Electronics, and Information Technology Ashwini Vaishnaw said that eligible craftspeople under the Vishwakarma scheme will get support in terms of skill upgradation, credit, market access, and financial assistance for buying new tools.

“There will be two programmes under the scheme — basic and advanced. During the skilling programme, a stipend of Rs 500 per day will be given. For buying modern tools, support to the extent of Rs 15,000 would be provided. A loan of up to Rs 1 lakh will be provided to the craftsmen, and under the interest subvention scheme, a maximum interest rate of 5% will be charged. There will be very liberal terms and conditions. This will be the first tranche. In the second tranche, a loan of up to Rs 2 lakh will be provided,” Vaishnaw said.

The Minister said that under the scheme, 30 lakh craftspeople’s families will be supported, and one person from each family will qualify to avail of the benefit under the scheme.

In a major boost to railway infrastructure, the Cabinet also approved seven projects of the Ministry of Railways with an estimated cost of around Rs 32,500 crore. The new projects would add 2,339 km to the existing network of Indian Railways.

Hot this week

Day After Kulgam Attack: CRPF Special DG Meets LG Manoj Sinha, Security Situation Reviewed

Srinagar, November 12: A day after the Kulgam attack,Sandeep...

Heritage must reach common people, not remain confined to libraries: LG Sinha

Calls for preservation of Kashmir’s manuscripts, cultural legacy and...

Fresh Snowfall in Higher Reaches, Rain in Plains as Kashmir Braces for Two-Day Wet Spell

Srinagar, Nov 12: Fresh snowfall was reported in the...

Search for Missing SPOs Ends in Tragedy; Bullet-Riddled Bodies Recovered in Kishtwar Forests

Kishtwar, Nov 12: The search for two Special Police...

Police Rubbish Social Media Claims Linking Kulgam Bike To Terrorists, Say Viral News False

Kulgam : Police have termed as false the news...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img