Union Cabinet at its meeting chaired by prime minister Narendar Modi approved 130 km long Jeypore-Malkangiri New Line project at a cost of 2676.11 crore.
It will help in combating the left wing extremism through development in the districts of Malkangiri and Koraput. It will also improve connectivity to important towns, including Koraput, Jeypore, Jagdalpur, Dantewara and will result in short lead to many places in Odisha, Chhattisgarh and Andhra Pradesh..
Cabinet Committee on Economic Affairs also approved methodology for auction of coal mines / blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957..Methodolgy gives highest priority to transparency, ease of doing business, and ensuring that natural resources are used for national development. It is expected to bring efficiency by moving from an era of monpoly to competition.
