CCEA Clears ₹1,718 Crore Cotton MSP Support and NH-927 Project
Why in the news
Two decisions came from the Cabinet Committee on Economic Affairs under Narendra Modi: one helping cotton growers, one for a Uttar Pradesh highway.
Key facts
| Decision | Amount | Detail |
|---|---|---|
| Cotton MSP support | ₹1,718.56 crore | Via Cotton Corporation of India |
| NH-927 project | ₹6,969.04 crore | Barabanki-Bahraich, Uttar Pradesh; Hybrid Annuity Mode |
Significance
- Cotton support seeks to steady farmer income.
- The road should improve connectivity and logistics efficiency.
Exam angle
- Decision-maker: CCEA.
- Agency: Cotton Corporation of India.
- Road model: Hybrid Annuity Mode.