Metro will run in old Lucknow, 4 semiconductor units will also be installed, Modi cabinet approved 3 big decisions

Three important decisions were taken in the cabinet meeting chaired by Prime Minister Narendra Modi. First, a new phase of Lucknow Metro was approved, which will expand the public transport network of the city. Second, to promote electronics manufacturing in the country, four new semiconductor projects were given the green signal, which will entail an investment of thousands of crores of rupees. Third, a 700 MW hydro electricity project in Shi Yomi district of Arunachal Pradesh has been approved. The government claims that these decisions will create employment opportunities, increase investment and strengthen the technological self-reliance of the country.

The Union Cabinet has approved Phase-1B of the Lucknow Metro Rail Project. This new corridor will be 11.165 km long, which will have 12 stations. Of these, 7 underground and 5 elevated stations will be built. After its launch, the total length of the metro network in Lucknow will be 34 km. This phase will especially connect old and densely populated areas, including.

It will run in these areas

Aminabad, Yahiaganj, Pandeyganj, Chowk, KGMU Medical College, Bada Imambara, Chhota Imambara, Bhool Bhulaiya, Ghantaghar, Rumi Darwaza, famous streets and markets of old Lucknow will be connected to it. Better connectivity will make it easier to reach airports, railway stations and bus stands, which will accelerate business activities and promote tourism. Investment and development possibilities will also increase around new metro stations.

Where will the semiconductor projects be set up

The Union Cabinet has approved four new semiconductor projects under the Semiconductor Mission, on which about Rs 4,600 crore will be spent. These units will be set up in Odisha, Punjab and Andhra Pradesh. This will provide employment to more than 2,034 youth. Along with this, many separate jobs will also be created in electronics manufacturing. Along with this, 20 semiconductor projects have been approved so far. The total investment on these has reached 1.60 lakh crores.

Approval on project near China border

Third decision, gave green signal to 700 MW Tato-II hydropower project in Shi Yomi district of Arunachal Pradesh. The project, to be built at a cost of Rs 8,146.21 crore, is targeted to be completed in 72 months. Under this scheme, not only will the power generation capacity increase, but there will be a big boost in infrastructure, employment and economic activities in the Northeast. Tato-II project is considered very important from the strategic and energy point of view of the Northeast region, as it is in the area adjacent to the China border and will contribute to regional development along with power supply. More than 3,000 people are expected to get direct and indirect employment from the project.