Uttar Pradesh cabinet OKs land for BrahMos unit in state capital

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The state cabinet paved the way for setting up a DEFENCE unit to manufacture BrahMos in the Lucknow node of the defence corridor by clearing a proposal to allot 80 hectares of land for a token Re 1 annual lease rent.

The unit would come up in the Sarojininagar area of the city. The cabinet also cleared the proposal for direct bank transfer of cash to students of classes 1 to 8 to purchase school uniforms, books, sweaters, socks and shoes. The cabinet approved the easing of rules of the UP Defence and Aerospace Unit and EMPLOYMENT Generation Policy of 2018.

Cabinet clears Rs 1,800cr proposal for bank transfer to schoolkids for uniformIt will allow easy allotment of land to two projects which will be setting up facilities in UPs upcoming defence corridor. While the one unit would manufacture Brah-Mos missiles, the other unit would manufacture propulsion systems used in Akash missiles.

Under the change in the defence policy, Bharat Dynamics Ltd is being given a 25% concession in price of land and allotment of 183 hectare land

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at a token annual lease rent of Re 1. The company is planning to set up a unit in the Jhansi node of the defence corridor where it will use indigenous technology to manufacture propulsion systems used in the Akash Missiles and will be investing Rs 400 crore in the project and provide employment to about 100 people.