SchemesSaturday, 1 August 2026·Hindu Tamil Thisai
Union Cabinet clears ₹5,070 crore floating solar plants and ₹84,084 crore Samudra Manthan; PM-KISAN extended to 2030-31
The Union Cabinet on July 31, 2026 approved ₹5,070 crore for floating solar plants, ₹84,084 crore for Samudra Manthan, and extended PM-KISAN to 2030-31.
Key highlights
Direct fact
On July 31, 2026, the Union Cabinet chaired by Prime Minister Narendra Modi approved ₹5,070 crore for floating solar power plants, ₹84,084 crore for the Samudra Manthan project, and an extension of PM-KISAN up to the 2030-31 financial year.
Key specifics
- Floating solar plants will be set up across India with an investment of ₹5,070 crore.
- Each floating solar station will include at least 2 hours of storage facility.
- Samudra Manthan is a ₹84,084 crore plan to explore oil and natural gas resources through offshore drilling over the next 5 years.
- Under Samudra Manthan, ₹650 crore will be given as central assistance for each exploration project.
- PM-KISAN gives ₹6,000 per year to small and marginal farmers and has already disbursed ₹4.47 lakh crore in 23 instalments.
Exam lens
Question type: Scheme and economy match-the-following, key facts: ₹5,070 crore floating solar, ₹84,084 crore Samudra Manthan, PM-KISAN till 2030-31, 23 instalments, ₹4.47 lakh crore disbursed. TNPSC may ask which Cabinet decision relates to renewable energy, offshore exploration, and farmer income support.