The Indian Union Cabinet has approved the establishment of a Bharat Maritime Insurance Pool with a sovereign guarantee of ₹12,980 crore to ensure continuous insurance coverage for Indian shipping amidst rising geopolitical tensions, particularly due to the West Asia crisis. This pool will cover various maritime risks including hull and machinery, cargo, and war-related risks, aiming to reduce reliance on foreign insurers. Additionally, the Cabinet sanctioned a 2% increase in Dearness Allowance (DA) for central government employees, raising it to 60% of basic pay from January 1, 2026, benefiting over 50 lakh employees and 68 lakh pensioners, with an annual financial impact of ₹6,791 crore. The Pradhan Mantri Gram Sadak Yojana (PMGSY-III) has also been extended until March 2028 with a revised outlay of ₹83,977 crore, focusing on improving rural road connectivity. Furthermore, the Cabinet approved two railway projects aimed at enhancing capacity on key corridors, with a combined estimated cost of ₹24,815 crore. Overall, these decisions involve an estimated outlay of over ₹1.28 trillion.