CM Yogi Hails Union Cabinet Nod For ₹25,446 Crore Varanasi Elevated Corridors, MPMS And Semicon 2.0

Published 22 July 2026 · local

CM Yogi Hails Union Cabinet Nod For ₹25,446 Crore Varanasi Elevated Corridors, MPMS And Semicon 2.0 Published By, Last Updated: July 22, 2026, 21:51 IST

CM Yogi Hails Union Cabinet Nod For ₹25,446 Crore Varanasi Elevated Corridors, MPMS And Semicon 2.0 Published By, Last Updated: July 22, 2026, 21:51 IST CM Yogi Adityanath praised Union Cabinet decisions: Ganga-Varuna Elevated Corridors, Mobile Phone Manufacturing Scheme, Semicon 2.0, and NIPU-2026. Proposed Route Map of the Varanasi Ganga Corridor Chief Minister Yogi Adityanath welcomed a set of decisions taken by the Union Cabinet at a meeting chaired by Prime Minister Narendra Modi on Wednesday, describing them as historic and in the interest of the common people. In a post on ‘X’, he thanked the Prime Minister for the approvals, which include the Ganga and Varuna Elevated Corridor Projects in Varanasi, the Mobile Phone Manufacturing Scheme (MPMS), Semicon 2.0, and the Investment Policy for Urea-2026 (NIPU-2026). ₹25,446 Crore For Varanasi’s Elevated Corridors The Cabinet approved the Ganga (6-lane Greenfield) and Varuna (6/4-lane) Elevated Corridor Projects at an estimated cost of approximately ₹25,446 crore.

CM Yogi called the approval a manifestation of the resolve of “Virasat Bhi, Vikas Bhi." ₹62,500 Crore Mobile Manufacturing Scheme The Union Cabinet approved the Mobile Phone Manufacturing Scheme with a budget allocation of ₹62,500 crore for the period from 2026-27 to 2030-31. Writing on ‘X’, CM Yogi said the scheme will increase domestic value addition, strengthen India’s electronics manufacturing ecosystem, create 60,000 direct jobs, and support total mobile phone production worth approximately ₹39 lakh crore. He said Uttar Pradesh is already emerging as a major hub for electronics and mobile manufacturing, and that the scheme will further accelerate investment, employment and industrial development in the state. ₹1,27,500 Crore For Semicon 2.0 The Cabinet also approved ‘Semicon 2.0’ with a total budget of ₹1,27,500 crore. CM Yogi said the initiative focuses on chip design, advanced manufacturing, research and development, talent development and semiconductor infrastructure, and will accelerate technological innovation and strengthen the supply chain.

He said the decision will further the vision of ‘Aatmanirbhar Bharat’ and ‘Viksit Bharat’. New Urea Investment Policy For Farmers The Cabinet approved the Investment Policy for Urea-2026 (NIPU-2026) for Aatmanirbhar Bharat. CM Yogi described it as a visionary decision that will strengthen the country’s agriculture sector. He said the policy will promote the establishment of gas-based urea plants, encourage new investment in the sector, and work toward self-reliance in fertiliser production. CM Yogi expressed gratitude to Prime Minister Modi for each of the four decisions. News18 Newsletter Handpicked stories, in your inbox A newsletter with the best of our journalism submit Key Questions Answered How will these projects impact Uttar Pradesh's economy? The Union Cabinet's approval of projects including the Ganga-Varuna Elevated Corridors, Mobile Phone Manufacturing Scheme (MPMS), and Semicon 2. What are the long-term goals of Semicon 2.0 for India?