Cabinet committee of Economic affairs approves bundle of project, what does it mean for SMB ecosyste

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi took several key decisions on 25th November 2024. These include approval for several infrastructure projects such as the expansion of the railway infrastructure, investments in renewable energy projects and the PAN2.0 Project. Expansion of Railway Infrastructure- The CCEA on Monday approved three railway expansion projects worth Rs. 7,927 crores approximately. These are Jalgaon- Manmad 4th line (160 km), Bhusawal- Khandwa 3rd and 4th line (131 km), Prayagraj (Iradatganj)- Manikpur 3rd line (84km). These projects stem from the PM Gati Shakti National Master Plan for multi-modal connectivity. These three projects will cover seven districts from three states i.e., Maharashtra, Madhya Pradesh and Uttar Pradesh, increasing connectivity for movements of people, goods and services by adding 639kms to the existing railway network.