Urge all MPs to make this Budget Session most productive: PM Modi

Published By : Admin | January 31, 2022 | 11:32 IST

Namaskar friends,

The Budget session is starting today. I welcome all of you and all the respected MPs across the country in this Budget session. There are many opportunities for India in today's global situation. India's economic progress, its vaccination campaign and made-in-India vaccines are creating trust in the entire world.

Our debates, issues and discussions with an open mind can become an important opportunity for global impact in this Budget session.

I hope that all respected parliamentarians and political parties will help in taking the country on the path of development by having a good discussion with an open mind.

It is true that sessions and discussions also get affected due to frequent elections. But I would pray to all the respected MPs that elections are in their place, they will continue, but the Budget session is very important because it draws plans for the entire year. As much as we make this Budget session more fruitful with full commitment, the coming year will also be a great opportunity to take it to new economic heights.

There should be an open, thoughtful, sensible discussion with a good purpose. With this expectation, many thanks to all of you!

 

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Cabinet approves construction of 1200 MW Kalai-II Hydro Electric Project in Arunachal Pradesh - Use this title for the last one
April 08, 2026

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved investment of Rs.14,105.83 crore for construction of Kalai-II Hydro Electric Project (HEP) on Lohit river in Anjaw District of Arunachal Pradesh. The estimated completion period for the project is 78 months.

The project with an installed capacity of 1200 MW (6 x 190 MW & 1 x 60 MW) is expected to generate 4852.95 MU of energy annually. As the first hydro project in the Lohit Basin, it will strengthen power supply in the State, support in peak demand management, and contribute to balancing the national grid.

The Project will be implemented through a Joint Venture Company between THDC India Limited and the Govt. of Arunachal Pradesh. Government of India shall extend ₹599.88 crore as budgetary support for construction of roads, bridges and associated transmission line under enabling infrastructure besides Central Financial Assistance of ₹750 crore towards equity share of the State.

The State will receive 12% free power and an additional 1% earmarked for the Local Area Development Fund (LADF), along with significant infrastructure development and socio-economic benefits for the region.

There will be significant improvement in infrastructure in Namsai and Anjaw District of Arunachal Pradesh, including the development of around 29 kilometres of roads and bridges, for the project which shall be mostly available for local use. Local populace shall also be benefitted from many sorts of compensations, employment and CSR activities.