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Union Cabinet Meeting: Many big decisions have been taken in the cabinet meeting held under the leadership of PM Modi. In this episode, four new semiconductor projects in Orissa, Punjab, and Andhra Pradesh have been approved.
Union Cabinet Meeting: Many major decisions have been taken in the cabinet meeting held under the leadership of PM Modi. During this time, the cabinet has approved four new semiconductor projects in Orissa, Punjab and Andhra Pradesh in the meeting. About 4594 crore rupees will be spent for this. At the same time, face 1B of Lucknow Metro has been approved. 5,801 crore rupees will be spent for this. Apart from this, Tato -II Hydroelectric Project 700 MW has been approved for which Rs 8146 crore will be spent.
Ashwini Vaishnav gave information
Regarding this, Union Minister Ashwini Vaishnav said that four new semiconductor projects have been approved. He further said that 6 such projects have already been approved and today 4 new projects have been added to it. They are in Odisha, Andhra Pradesh and Punjab. They have to invest Rs 4,594 crore. He said that Lucknow is a big city. In view of the immense need of the metro here, an investment of Rs 5,801 crore has been approved to Phase 1B of Lucknow Metro.
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Talk can be made on hydroelectric project
Union Minister Ashwini Vaishnav further said that India is committed to clean development and clean energy. In this episode, 700 MW Tato II Hydroelectric Project has been approved with an investment of Rs 8,146 crore today.
India will play an important role
According to the central government, India may soon play an important role in the global semiconductor market. At the same time, on 10 August 2025, on behalf of the central government, he said that in the year 2023, India’s semiconductor market was about $ 38 billion. It can increase in 2024-25 to 45 to 50 billion levels.
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