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    Cabinet approves PM Poshan scheme: All you need to know

    Synopsis

    A new PM POSHAN scheme has been approved by the Union Cabinet. This will provide mid-day meals to more than 11.8 crore government school students. Union Minister Anurag Thakur said in a press conference that the scheme will span 5 years and Rs. 1.31 lakh crore will be spent on the same.

    New Delhi: Union Ministers Piyush Goyal and Anurag Thakur arrive to address the ...PTI
    Union Ministers Piyush Goyal and Anurag Thakur arrive to address the media on Cabinet decisions, at National Media Centre in New Delhi.
    A new PM POSHAN scheme has been approved by the Union Cabinet. This will provide mid-day meals to more than 11.8 crore government school students.

    Union Minister Anurag Thakur said in a press conference that the scheme will span 5 years and Rs. 1.31 lakh crore will be spent on the same.

    This will include the popularly known Mid-Day Meal Scheme, where one hot meal will be served to each student.

    Union Cabinet approves capital infusion of Rs 4,400 cr in ECGC, Rs1.31 lakh crore for PM-POSHAN scheme

    Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that the Union Cabinet has approved Rs 4,400 crore investment in state-owned Export Credit Guarantee Corporation (ECGC) Ltd in 5 years to provide support to exporters as well as banks. The Cabinet also approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.

    The scheme will be extended to students studying in pre-primary or Bal Vatikas of Government and Government-aided primary schools, in addition to those already covered under the scheme.

    Besides that, the Cabinet has also approved the expansion of the Nimach-Ratlam railway line and the Rajkot-Kanalus railway line at a total estimated cost of Rs. 1,095.88 crore and Rs. 1,080.58 crore, respectively.

    The Cabinet has also agreed to a Rs 4,400 crore investment in ECGC ltd., which will benefit exporters, banks and create 59 lakh new jobs.

    Commerce Minister Piyush Goyal said that the Cabinet has agreed to infuse Rs. 1,650 crore in the National Export Insurance Account scheme.


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