New Delhi: The Union Cabinet on Wednesday approved the Indian offer to organize games 2030 Commonwealth Games (CWG) in Ahmedabad in Gujarat. The country last hosted the games in 2010 and will now be built against Nigeria to play hosts for 2030.
Proposals for four new railway projects worth £12,000 Crore was also cleaned on Wednesday and the credit period for retailers at PM Street Atmanirbhar Nidhi (Svanidhi) by 2030 was cleaned up.
Also read | ABDM can be extended to 2030 despite unused funds
The Indian offer to host CWG by 2030 was formally adopted by the Indian Association of Olympic Games 13. August. The government said Banking on the success of Ahmedabad’s hosting in the final of the ICC cricket in November 2023, said Gujarat would be an ideal place for CWG 2030.
“In addition to sports, CWG hosting in India would leave a lasting impact on tourism support, creating jobs and inspiring millions of young athletes. In addition, a large number of experts will gain opportunities in sports science, operation and management, logistics and transport, broadcasting and media, communication, public and communication and other areas.
Ahmedabad is a “ideal” host city that offers world -class stadiums, top training facilities and a passionate sporting culture. India has time until August 31 to present her final offer, according to Indian Olympic Association.
Also read | Cabinet approves 1 trillion £ for employment, research and development
This July trade union cabinet approved a new national sports policy to identify and educate athletic talent.
Among the key decisions of CCEA were the check -in four new railway projects for the total cost £12 328 crore across the states of Gujarat, Assam, Telangana, Karnataka and Bihar. These include the new Deshalpar-Hajipir-Luna line and the Vayor-LAKHPAT route, the third and fourth lines on the Secunderab line (Sanathnagar), the third line on the Bhagalpur-Jamalpur and the doubling of Furkating-New Itsukia.
These railway lines transport both passengers and cargo and reduce the logistics costs and reduce the country’s dependence on oil imports, CCEA said. These projects, which are to be completed in three five years, are intended to expand the existing railway network by 565 km, he added.
“These are the basic routes for the transport of commodities such as coal, cement, clinker, fly, steel, containers, fertilizers, agricultural commodities and oil products, etc. Creating capacity will lead to further transport operations of 68 MTPa (millions of tons per year).
Also read | Cabinet approves higher SMEs, expansion of the subsidy system for farmers
Extension of the PM Svanidhi loan, which was supposed to end in 2024) will benefit 5.0 million more street sellers, said another statement and added that the Ministry of Housing and City Affairs and the Ministry of Finance would work together on the plan. The coverage of the scheme is expanding over larger cities to suburban areas, the statement said.
The diagram provides street dealers and connects them with the home interface of the Unified Payments using Rupay cards. Within this system, sellers can use loans in three transes. The first and second tranches under which dealers can borrow £10,000 and £20,000, was increased by £Every 5,000. In the third tran, sellers can borrow £50 000 that has not changed according to the cabinet statement.
Sellers who repaid the second trance will also receive a Rupay credit card, the statement said. From July 30, more than 9.6 million loans £13,797 Crore was paid more than 6.8 million street retailers, he said.
“The extension of the system assumes the holistic development of street sellers by offering a reliable source of funding to support business expansion and opportunities for sustainable growth,” the statement said.
The PM Svanidhi scheme started in June 2020 to support street dealers during the Covid-19 pandemic.
(Tagstotranslate) PM Svanidhi Scheme
