New Delhi, May 7 -- The cabinet committee on economic affairs (CCEA) on Wednesday approved fresh coal linkages in a revised SHAKTI policy to reduce import dependency and increase capacity addition by thermal power plants.

The union cabinet also approved an academic and infrastructure capacity increase for five IITs (Indian Institute of Technology), upgradation of the National Scheme for Industrial Training Institute (ITI) and setting up of five National Centres of Excellence (NCOE) for Skilling as a centrally sponsored scheme.

Also Read | India's commercial coal production rises nearly 29% in April

The new SHAKTI policy, which stands for Scheme for Harnessing and Allocating Koyala Transparently in India, will help thermal power generat...