'Towards Atmanirbhar Bharat': Shah on Cabinet decisions

New Delhi, June 24 Union Home Minister Amit Shah congratulated Prime Minister Narendra Modi on Wednesday for key Cabinet decisions that he said will not only make India self reliant but also help bolster its economy.

"To further strengthen Modi Govt's efforts towards Atmanirbhar Bharat, Cabinet has approved Animal Husbandry Infrastructure Development Fund worth Rs 15,000 crore. This enormous boost to the dairy sector will surely surge employment, increase milk productivity and exports," Shah tweeted.

The government also said that it will provide 3 per cent interest subvention to eligible beneficiaries, under this new endeavor. While, I&B Minister Prakash Javadekar claimed that it will help generate more jobs, Animal husbandry minister Giriraj Singh claimed that the new infrastructure will help India create quality cheese which was not possible so far.

Hailing the private sector participation into Indian space sector, Shah called it "historic". The newly created Indian National Space Promotion and Authorization Centre (IN-SPACe) provides a level playing field for private companies to use Indian space infrastructure. Shah said it will accelerate growth of the space sector by promoting and guiding private industries in space activities.

The Home Minister also thanked the PM for easing the financial stress of the Shishu loan borrowers under Mudra Yojana or the ordinance to bring 1,482 urban cooperative & 58 multi-state cooperative banks under the supervision of RBI. The latter, he claimed, "will give an assurance to the bank depositors & boost their trust in the formal banking system by protecting their hard-earned money".

( With inputs from IANS )