‘Reform trajectory continues’: PM Modi on Cabinet decisions to boost economic growth
PTI, Jun 24, 2020, 6:24 PM IST
New Delhi: The “landmark” decisions taken by the Union Cabinet on Wednesday are aimed at accelerating economic growth and the country’s strides in space, besides assisting farmers, villages and small businesses, Prime Minister Narendra Modi has said.
In a series of tweets after chairing the Cabinet meeting, he said crores of Indians will gain from these decisions.
“The reform trajectory continues,” he tweeted, referring to the decision to allow participation of the private sector in the entire range of space activities, including planetary exploration missions.
The Union Cabinet’s approval to reforms in the space sector is yet another step towards making the nation self-reliant and technologically advanced, he said. “The reforms will boost private sector participation as well.”
Referring to decisions related to Micro, Small and Medium Enterprises (MSME), Modi pointed out that the Cabinet approved an interest subvention scheme for Shishu loan accounts under the Pradhan Mantri Mudra Yojana.
“This scheme would provide valuable support and stability to small businesses,” he said.
Setting up of the Animal Husbandry Infrastructure Development Fund augurs well for the sector, he said, adding that it will boost the income of farmers.
“Investment and sectoral infrastructure, especially in dairies, will get an impetus,” he said.
The prime minister said the decision to upgrade the Kushinagar airport as an international airport is great news for Uttar Pradesh, tourism and those inspired by the noble thoughts of Lord Buddha.
“Kushinagar Airport will now be an international airport. Connectivity will improve significantly. More tourists and pilgrims will also mean better opportunities for the local population,” he said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Kumaraswamy accuses Amit Shah of ignoring Kannada
Indian economy may contract 25% in current fiscal: Economist Arun Kumar
IFFI apologises after mixing up Satyajit Ray’s ‘Sonar Kella’ plot with Salman Khan’s ‘Dabangg’
Related Articles More
Will poor and underprivileged get COVID-19 vaccine for free? asks Congress
Sudhakar inspects COVID-19 vaccination arrangements at Manipal Hospital
Bachchan hails COVID-19 vaccination drive, hopes to eradicate COVID like polio from India
62% of designated beneficiaries vaccinated on day one in Karnataka
584 new COVID-19 cases in Karnataka, 4 deaths
I have not asked for a ministerial position: Halady Srinivasa Shetty
Staff nurse Shobha, first to be vaccinated against Covid at Dr. TMA Pai hospital
Ravi Katapadi, the hope of the poorest children, won 12.5 lakhs at KBC | Udayavani
Signal surges ahead of Whatsapp amid privacy concerns
What do vaccine experts say about confusion over the covid vaccine?
Bantwal: Prostitution racket busted; accused detained
Shiv Sena to contest in West Bengal Assembly election says Raut
Uganda’s opposition rejects Museveni’s reelection as fraud
Govt must issue white paper on unavailability of funds demands Parameshwara
Tens of thousands evacuated amid Indonesia floods