11th MARCH 2026 ENGLISH TNPSC CURRENT AFFAIRS PDF TNPSC SHOUTERS
Prime Minister Narendra Modi inaugurates projects worth Rs 11,000 crore in Ernakulam, dedicates completed projects to the nation
- Prime Minister Shri Narendra Modi today visited the bustling coastal city of Kochi in Kerala and accelerated the pace of development in the state by inaugurating various high-impact projects.
- He highlighted the need for more investments. The Prime Minister laid the foundation stone for various projects worth Rs 11,000 crore.
Cabinet approves extension of Jal Jeevan scheme for two more years (till 2028)
- The Union Cabinet has approved the extension of the 'Jal Jeevan' scheme, which provides piped drinking water to rural households across the country, for two more years (till 2028).
- The main objective of the scheme is to reduce the hardship of rural women walking several kilometers to fetch water. The Cabinet has decided to increase the total funding for the scheme to Rs 8.7 lakh crore, an increase over the funds allocated so far.
- Eligible rural families will not have to spend a single rupee to get a piped connection. The entire cost of the connection required for a house, which ranges from Rs 30,000 to Rs 60,000, will be borne by the government.
- The target has been set to provide piped connections to 1.25 crore houses. So far, more than 1.11 crore (89.10%) houses have been provided with drinking water, creating a record. This has ensured that each person gets 55 litres of safe drinking water per day. The monthly fee for this is just Rs 30.
- Rural households without piped water supply, especially in water-scarce areas and tribal villages, are given priority under this scheme. The State Government and local bodies are jointly identifying eligible houses.
- The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved changes in guidelines for investments by countries sharing land borders with India. The existing policy has been amended as follows:
- The amendment provides for the definition and criteria for determining beneficial ownership, which is widely used by the investment community under the Prevention of Money Laundering Rules, 2005.
- The beneficial ownership test will be applied at the investment company level.
- Investors from countries sharing land borders with India, if they have unrestricted beneficial ownership up to 10 per cent, will be allowed to invest through the automatic route, subject to applicable sectoral investments, entry procedures and related conditions.
- While making such investments, the investee company is required to submit necessary information and relevant details to the Department of Industry and Domestic Trade Development.
- The plans for investments in specified sectors/manufacturing activities in capital goods, electronic capital goods, electronic components, polysilicon and ingot-wafer will be processed and finalized within 60 days.
- In such cases, majority shareholding and control of the investor company will be held by Indian nationals and/or Indian companies wholly controlled by Indian nationals.
