The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved industrial corridor nodes at Krishnapatnam and Tumakuru under CBIC. The Union Cabinet also approves export of Akash Missile System. "The export version of Akash will be different from System currently deployed with Indian Armed Forces," tweeted Defence Minister Rajnath Singh. The Cabinet chaired by PM @narendramodi ji today approved the export of Akash Missile System and a Committee for faster Approvals has been created. The estimated cost of the project is ₹3,004.63 crore, said Union Minister Mansukh Mandaviya.

Source: Mint December 30, 2020 10:04 UTC