Out of the total outlay, one-third would be spent on infrastructure and one-fifth on the social sector, an official spokesperson said.
Seven hydel projects worth Rs 9,721 crore (Rs 97.21 billion) and estimated to generate 1,070 mega watt electricity have been approved.
In addition, five transmission projects with an outlay of Rs 5,963 crore (Rs 59.63 billion) were also approved for the first half of the fiscal.
Officials said the public investment board, the expenditure finance committee and the committee of non-plan expenditure had been meeting at least twice a week.
The spokesperson said during the last six months, the Cabinet had sanctioned the Sethusamudram ship channel project with an investment of Rs 2,427.4 crore (Rs 24.27 billion) and four other shipping and port sector projects with an outlay of Rs 3,913 crore (Rs 39.13 billion).
Expansion of the production capacity of Rashtriya Ispat Nigam Ltd from 3 million tonnes to 6.3 million tonnes at a cost of Rs 8259 crore (Rs 82.59 billion) was also cleared.
The Cabinet cleared the expansion of Rajmahal opencast coal mine at a cost Rs 650 crore (Rs 6.5 billion), along with Rs 980 crore (Rs 9.8 billion) for the textiles sector.
The Cabinet also approved the accelerated rural water supply program with a total outlay of Rs 13,245 crore (Rs 132.45 billion).
The national tuberculosis control program, with an outlay of Rs 1,128 crore (Rs 11.28 billion) and malaria and water borne diseases control project worth Rs 1,687.64 crore (Rs 16.87 billion) have also been sanctioned. The Northeast region has been allocated Rs 7233.38 crore for the hydrocarbon sector.
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