India´s first low-income state infrastructure equity partnership (the Neev Fund) was launched by Prime Minister Narendra Modi in UK in the presence of David Cameron, Prime Minister, United Kingdom.
Tag: Narendra Modi
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PM Narendra Modi invites China to join solar alliance
Ahead of the crucial Paris climate talks, Prime Minister Narendra Modi invited China to join the International Solar Alliance proposed by India. Modi extended the invitation to China during a meeting with his Chinese counterpart Li Keqiang on the sidelines of ASEAN-India Summit.
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Cabinet approves Rs.8,349-cr investment on rail freight lines
The Union cabinet chaired by Prime Minister Narendra Modi approved an investment of Rs.8,349 crore for laying down multiple freight-specific rail lines in Odisha, Chhattisgarh and Andhra Pradesh.
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.
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Revised cost estimate for Rail-cum-Road Bridge across river Ganga at Munger
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for revised cost estimate amounting to Rs.2774 crore with Railway share as Rs.1247 crore and Ministry of Road Transport and Highways share as Rs.1527 crore for construction of Rail-cum-Road Bridge across River Ganga (14 kms) at Munger with a provision that the cost of land for road approaches may increase in future.
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Exemplary Figure
Former RBI Deputy Governor Subir Gokarn has been appointed as an Executive Director on the board of the International Monetary Fund (IMF).
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ONGC targets $10-$12 bn foreign oil and gas investments
The foreign investment arm of India´s top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.
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Lava to set up Rs.500 cr manufacturing facility in AP
In line with ´Make in India´ initiative, domestic handset vendor Lava will invest Rs.500 crore to set up a manufacturing plant in Tirupati. Prime Minister Narendra Modi laid the foundation stone for a dedicated mobile handset
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International Railway Equipment Exhibition | Equipped for the future
IREE 2015 provided a glittering centre-stage for all rail-technology related organisations and individuals to display their strengths, advancements and future plans
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Powering the change
The government is finally taking note. While it is too early to say that a solution to the woes of distribution companies (DISCOMs) is just around the corner, the wheels are in motion.