India Cabinet Approves $18 Billion for Infrastructure, Urban Development and Startup Projects

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India’s federal cabinet has approved projects worth around 1.6 trillion rupees ($18 billion) covering infrastructure, urban development and support for startups, Information Minister Ashwini Vaishnaw said on Saturday.

Vaishnaw did not immediately provide further details on the individual projects.

The approvals come as India continues to push investment in public infrastructure and development programmes to boost growth and job creation.

($1 = 90.5250 Indian rupees)

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