Before Diwali, the central government has given a big gift of Rs. 2 lakh crore will be allocated

New delhi date. 11 November 2020, Wednesday

The Union Cabinet meeting was held on Wednesday under the chairmanship of Prime Minister Narendra Modi. In which the central government has made big announcements for 10 sectors of the country. Union Minister Prakash Javadekar and Finance Minister Nirmala Sitaram were briefed on the decisions taken at the cabinet meeting.

Union Minister Prakash Javadekar said that this was an important meeting before Diwali. In which the government has decided that, in these 10 areas of production, incentive amount based on production will be given. This amount will be two lakh crore rupees. A budget of Rs 145,980 crore has been allocated in five years for the development of 10 sectors under Self-Reliant India.

Advertisements made for these sectors

He said the government has taken this decision keeping in view a self-reliant India. This amount will be given to advanced chemistry, electronic technology projects, automobile projects, telecom networking, textiles, solar, other fields connected to LED. Rs 18,100 crore has been allocated for modern chemistry for 5 years. A total package of Rs 145,980 crore has been brought for five years.

Attempt to make India a manufacturing hub

Union Finance Minister Nirmala Sitaram said the government has taken this decision with a self-reliant India. The government is trying to bring investment in the country and make India a manufacturing hub. According to Nirmala Sitharaman, the gift has been given to the manufacturing sector by the government since Diwali. The government is with them wherever they are needed. This initiative has been taken by the Policy Commission.