Govt's #StandUpIndia initiative to promote entrepreneurship among SCs/STs & women
#StandUpIndia initiative: Govt to facilitate loans ranging from Rs. 10 Lakhs to Rs. 100 Lakhs
PM Modi to flag-off 5100 e-rickshaws, interact with beneficiaries, inagurate Kaushal Vikas Kendra
The Prime Minister, Shri Narendra Modi, will launch the Stand Up India initiative at Noida tomorrow.
The initiative will promote entrepreneurship among the Scheduled Castes, Scheduled Tribes, and Women, by facilitating loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs. Each branch of a scheduled commercial bank shall facilitate at least two such loans. A web portal will also be launched for the initiative, to enable online registration and support services.
The Prime Minister will flag-off 5100 e-rickshaws on the occasion. He will interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra (Skilling Centre).
Cabinet approves construction of 4-Lane Badvel-Nellore Corridor in Andhra Pradesh
May 28, 2025
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Total capital cost is Rs.3653.10 crore for a total length of 108.134 km
The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the construction of 4-Lane Badvel-Nellore Corridor with a length of 108.134 km at a cost of Rs.3653.10 crore in state of Andhra Pradesh on NH(67) on Design-Build-Finance-Operate-Transfer (DBFOT) Mode.
The approved Badvel-Nellore corridor will provide connectivity to important nodes in the three Industrial Corridors of Andhra Pradesh, i.e., Kopparthy Node on the Vishakhapatnam-Chennai Industrial Corridor (VCIC), Orvakal Node on Hyderabad-Bengaluru Industrial Corridor (HBIC) and Krishnapatnam Node on Chennai-Bengaluru Industrial Corridor (CBIC). This will have a positive impact on the Logistic Performance Index (LPI) of the country.
Badvel Nellore Corridor starts from Gopavaram Village on the existing National Highway NH-67 in the YSR Kadapa District and terminates at the Krishnapatnam Port Junction on NH-16 (Chennai-Kolkata) in SPSR Nellore District of Andhra Pradesh and will also provide strategic connectivity to the Krishnapatnam Port which has been identified as a priority node under Chennai-Bengaluru Industrial Corridor (CBIC).
The proposed corridor will reduce the travel distance to Krishanpatnam port by 33.9 km from 142 km to 108.13 km as compared to the existing Badvel-Nellore road. This will reduce the travel time by one hour and ensure that substantial gain is achieved in terms of reduced fuel consumption thereby reducing carbon foot print and Vehicle Operating Cost (VOC). The details of project alignment and Index Map is enclosed as Annexure-I.
The project with 108.134 km will generate about 20 lakh man-days of direct employment and 23 lakh man-days of indirect employment. The project will also induce additional employment opportunities due to increase in economic activity in the vicinity of the proposed corridor.
PM Modi to launch #StandUpIndia initiative
