The Cabinet Committee on Economic Affairs on Wednesday cleared Rs 1,600 crore for pre-investment activities and granted various clearances for the Dibang Multipurpose Project (MPP) in Arunachal Pradesh.
The estimated total cost of the project is Rs 28,080.35 crore. The estimated completion period for the project shall be nine years from receipt of government sanction.
The rail connectivity in Assam and Uttar Pradesh also got a major boost with the CCEA approving three projects in the states.
In a bid to weed out archaic and dead statutes, the Union cabinet chaired by Prime Minister Narendra Modi approved a bill to scrap 58 more laws which have lost their relevance.
The Modi government in its previous term had repealed 1,824 old laws. After the Repealing and Amendment Bill, 2019 gets the parliamentary nod, 137 laws which have lost their relevance will be scrapped.