The Chhattisgarh Cabinet, led by Chief Minister Vishnu Deo Sai, convened a crucial meeting on Wednesday at the official residence in Civil Lines to greenlight several transformative projects. Among the most significant decisions was the approval of the Excise Policy for the 2026-27 financial year, authorizing the department to proceed with all necessary administrative actions. This move aims to streamline revenue and regulatory frameworks for the upcoming fiscal cycle, ensuring a balanced approach to the state’s excise management.
In a major boost to the education sector, the Cabinet approved the allotment of 40 acres of land in Nava Raipur’s Sector 18 to the Shri Vile Parle Kelavani Mandal (SVKM). This land, granted on a 90-year lease, will facilitate the establishment of the prestigious Narsee Monjee Institute of Management Studies (NMIMS). By bringing a top-tier national educational institution to the state, the government aims to provide local students with access to high-quality management and doctoral programs, reducing the need for migration to other educational hubs.
Furthermore, the state is set to enhance its technological footprint through a new partnership with the Software Technology Parks of India (STPI). The Cabinet approved a Memorandum of Understanding (MoU) to set up four new entrepreneurship centers in Nava Raipur Atal Nagar. These centers will focus on emerging fields like Artificial Intelligence (AI), MedTech, Smart Cities, and Smart Agriculture. This initiative is expected to nurture over 133 domain-specific startups within the next few years, positioning Chhattisgarh as a burgeoning hub for the technical startup ecosystem and industrial innovation.