PM Modi lauds cabinet decisions to increase MSP for 14 Kharif crops

Prime Minister Narendra Modi on Wednesday lauded the Union Cabinets decisions to increase the Minimum Support Price MSP on 14 Kharif crops and the development of Lal Bahadur Shastri International Airport VaranasiThe Prime Minister also praised the approval of the Viability Gap Funding VGF scheme for offshore wind energy projects and the development of a major port at Vadhavan in MaharashtraThe Union Cabinet chaired by Prime Minister Narendra Modi today approved the increase in the Minimum Support Prices MSP for all mandated Kharif Crops for Marketing Season 202425Our government is continuously taking important steps for the welfare of our farmer brothers and sisters across the country In this direction today the Cabinet has approved the increase in the minimum support price of all major Kharif crops for the year 202425 PM Modi posted on XThe government has increased the MSP of Kharif Crops for Marketing Season 202425 to ensure remunerative prices to the growers for their produce The highest absolute increase in MSP over the previous year has been recommended for oilseeds and pulses viz niger seed Rs 983 per quintal followed by sesamum Rs 632 per quintal and turarhar Rs 550 per quintalCost data are not separately compiled for Paddy Grade A Jowar Maldandi and Cotton Long stapleThe increase in MSP for Kharif Crops for Marketing Season 202425 is in line with the Union Budget 201819 announcement of fixing the MSP at a level of at least 15 times the AllIndia weighted average cost of production The expected margin to farmers over their cost of production is estimated to be highest in case of bajra 77 per cent followed by tur 59 per cent maize 54 per cent and urad 52 per cent For the rest of the crops the margin to farmers over their cost of production is estimated to be at 50 per cent it addedIn recent years the Government has been promoting the cultivation of crops other than cereals such as pulses and oilseeds and Nutricereals Shree Anna by offering a higher MSP for these cropsThe Union Cabinet approved the Viability Gap Funding VGF scheme for offshore wind energy projects at a total outlay of Rs 7453 crore including an outlay of Rs6853 crore for installation and commissioning of 1 GW of offshore wind energy projects 500 MW each off the coast of Gujarat and Tamil Nadu and grant of Rs 600 crore for upgradation of two ports to meet logistics requirements for offshore wind energy projectsThe Prime Minister further said that the Cabinet decision to approve a funding scheme for 1 GW offshore wind projects off the coasts of Gujarat and Tamil Nadu will enhance our renewable energy capacity reduce CO2 emissions and create numerous jobsThe VGF scheme is a major step towards implementation of the National Offshore Wind Energy Policy notified in 2015 to exploit the vast offshore wind energy potential that exists within the exclusive economic zone of IndiaThe VGF support from the Government will reduce the cost of power from offshore wind projects and make them viable for purchase by DISCOMs While the projects will be established by private developers selected through a transparent bidding process the power excavation infrastructure including the offshore substations will be constructed by Power Grid Corporation of India Ltd PGCILMinistry of New and Renewable Energy as the nodal ministry will coordinate with various MinistriesDepartments to ensure the successful implementation of the schemeThe Union Cabinet approved the proposal of the Airports Authority of India AAI for the development of Lal Bahadur Shastri International Airport Varanasi including the Construction of a New Terminal Building Apron Extension Runway Extension Parallel Taxi Track and Allied worksOur government is committed to expanding connectivity across the country In this direction we have approved the development of Varanasi International Airport This will make the lives of the people here easier as well as provide great convenience to the pilgrims visiting Kashi PM Modi posted on XThe estimated financial outgo will be Rs 286965 crore for enhancing the passenger handling capacity of the airport to 99 million passengers per annum MPPA from the existing 39 MPPAThe New Terminal Building which encompasses an area of 75000 sqm is designed for a capacity of 6 MPPA and for handling 5000 Peak Hour Passengers PHP The proposal includes extending the runway to dimensions 4075m x 45m and constructing a new Apron to park 20 aircraftIn a post on X PM Modi said Todays Cabinet decision on developing a major port at Vadhavan in Maharashtra will boost economic progress and also create employment opportunities at a large scaleThe Union Cabinet also approved Rs 225443 crore fiveyear Central Sector Scheme for the enhancement of forensic infrastructure in IndiaThe scheme underscores the importance of highquality trained forensic professionals in the timely and scientific examination of evidence for an efficient criminal justice process leveraging the advancements in technology and evolving manifestations and methods of crimeThe financial outlay of the Central Sector Scheme National Forensic Infrastructure Enhancement Scheme NFIES will be provisioned by the Ministry of Home Affairs from its own budgetThe Union Cabinet chaired by Prime Minister Narendra Modi gave its approval for the proposal of the Ministry of Home Affairs Central Sector Scheme with a total financial outlay of Rs 225443 crore during the period from 202425 to 202829The Cabinet has approved three key components under this scheme the establishment of Campuses of the National Forensic Sciences University NFSU in the country the establishment of Central Forensic Science Laboratories in the country and the enhancement of the existing infrastructure of the Delhi Campus of the NFSUThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday 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