Chhattisgarh Cabinet approves power transco IPO, revamps Krishak Unnati Yojana
Synopsis
The Chhattisgarh Cabinet's 9 June meeting was more than routine administration — it combined a rare state-utility IPO with a farm-income overhaul, electric bus rollout, and mining tech mandates. The ₹15,000-per-acre crop diversification push and the power transco listing together signal a deliberate pivot toward both investor confidence and rural welfare.
Key Takeaways
Chhattisgarh State Power Transmission Company Limited received in-principle approval for a stock exchange listing via an IPO on 9 June 2025 .
Krishak Unnati Yojana will be revamped from Kharif 2026 , offering ₹15,000 per acre input assistance for alternative crops like pulses, oilseeds, and maize.
240 electric buses approved for Raipur , Durg , Bhilai , Bilaspur , and Korba under the PM e-Bus Sewa scheme.
RFID tags and vehicle tracking made mandatory for mineral transport under amended Chhattisgarh Minerals Rules 2009 .
Stamp duty exemption for Naya Raipur Atal Nagar Development Authority land purchases extended to 31 March 2028 .
Yoga Department transferred to the Medical Education Department for better integration with the AYUSH system.
The Chhattisgarh Council of Ministers, chaired by Chief Minister Vishnu Deo Sai, on 9 June 2025 cleared a slate of decisions spanning energy, agriculture, transport, and mining — headlined by in-principle approval for listing the Chhattisgarh State Power Transmission Company Limited on the stock exchange via an initial public offering (IPO). Deputy Chief Minister Arun Sao, briefing reporters after the meeting in Raipur, described the approvals as major steps toward the state's long-term development and economic strengthening.
Power Transmission Company IPO
The Cabinet granted in-principle approval for the Chhattisgarh State Power Transmission Company Limited to go public through an IPO. The listing is intended to open the company's growth story to ordinary citizens and institutional investors alike, while improving financial transparency and attracting fresh capital. The company's board of directors has been authorised to complete all procedural requirements for the offering.
Krishak Unnati Yojana Revamp
In a significant move for the farm sector, the Cabinet approved a restructuring of the Krishak Unnati Yojana effective from the Kharif 2026 season. To reduce over-dependence on paddy and encourage crop diversification, farmers cultivating alternative Kharif crops — including pulses, oilseeds, maize, kodo, kutki, ragi, and cotton — will receive input assistance of ₹15,000 per acre. Benefits will be disbursed through the Integrated Farmer Portal, AgriStack registration, and digital crop surveys, ensuring traceable and transparent delivery. The revamped scheme is also expected to promote water conservation and sustainable farming practices across the state.
Public Distribution, E-Buses, and Mining Reforms
On food security, the Cabinet approved procurement of chana via an e-auction platform for distribution in financial year 2026–27, authorising the Chhattisgarh State Civil Supplies Corporation to act with a maximum service charge of 0.25%. The existing arrangement has been extended for three months — April to June 2026 — to ensure uninterrupted supply for ration card holders.
Under the Prime Minister's e-Bus Sewa scheme, the Cabinet cleared a Direct Debit Mandate under the Payment Security Mechanism for operating 240 electric buses across Raipur, Durg, Bhilai, Bilaspur, and Korba. The initiative aims to curb urban pollution and expand affordable public transport in these cities.
In the mining sector, amendments to the Chhattisgarh Minerals Rules 2009 were approved, making RFID tags and vehicle tracking systems mandatory for mineral transport vehicles. A technology-based system for assessing mineral grades and quantities will also be introduced. Storage fees and security deposits have been increased, while ease-of-doing-business measures — including additional land approvals and integrated storage licences — have been introduced to curb illegal activities.
Other Key Decisions
The Yoga Department has been transferred from the Social Welfare Department to the Medical Education Department, with the aim of integrating yoga more effectively into the AYUSH system for better coordination in education, training, and research. Separately, the stamp duty exemption for land purchases by the Naya Raipur Atal Nagar Development Authority has been extended until 31 March 2028, to accelerate infrastructure development in the new capital region.
Taken together, the Cabinet's decisions reflect a broad push across sectors — from capital markets and farm incomes to urban mobility and mineral governance — as the Sai government looks to deepen both investment and welfare outcomes ahead of the next budget cycle.
Point of View
And the decision to list signals either a genuine push for governance transparency or a need for off-budget capital. The real test will be valuation and retail participation. On agriculture, the ₹15,000-per-acre crop diversification incentive addresses a structural problem — paddy monoculture — but similar schemes in other states have struggled with last-mile disbursal. The AgriStack and digital crop survey linkage is the right architecture; execution fidelity will determine whether farmers in Bastar or Surguja actually see the money.
NationPress
25 Jul 2026
Frequently Asked Questions
What is the Chhattisgarh State Power Transmission Company IPO?
The Chhattisgarh Cabinet granted in-principle approval on 9 June 2025 for the Chhattisgarh State Power Transmission Company Limited to list on the stock exchange through an IPO. The move is intended to improve financial transparency, attract investment, and allow citizens to participate in the company's growth. The company's board has been authorised to complete all necessary procedures.
What changes have been made to the Krishak Unnati Yojana?
The Krishak Unnati Yojana will be revamped from the Kharif 2026 season, offering ₹15,000 per acre in input assistance to farmers who grow alternative crops such as pulses, oilseeds, maize, kodo, kutki, ragi, and cotton instead of paddy. Benefits will be disbursed through the Integrated Farmer Portal and AgriStack registration to ensure transparency.
Which cities will get electric buses under PM e-Bus Sewa in Chhattisgarh?
The Cabinet approved 240 electric buses for Raipur, Durg, Bhilai, Bilaspur, and Korba under the Prime Minister's e-Bus Sewa scheme. The Direct Debit Mandate under the Payment Security Mechanism was cleared to operationalise the service, aimed at reducing urban pollution and improving public transport.
What mining reforms did the Chhattisgarh Cabinet approve?
The Cabinet approved amendments to the Chhattisgarh Minerals Rules 2009, making RFID tags and vehicle tracking systems mandatory for all mineral transport vehicles. A technology-based system for mineral grade and quantity assessment will also be introduced, alongside higher storage fees and security deposits to curb illegal mining activity.
Why was the Yoga Department transferred to Medical Education in Chhattisgarh?
The Yoga Department was moved from the Social Welfare Department to the Medical Education Department to better integrate yoga with the AYUSH system. The restructuring is aimed at improving coordination in yoga-related education, training, and research within the state's health infrastructure.
