Union Minister for Road Transport & Highways & Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari virtually laid the foundation stones of nine national highway projects with a total length of nearly 262 km worth over Rs 27.52 billion in Tripura on Tuesday.

Construcciones y Auxiliar de Ferrocarriles or Grupo CAF, the Spain-based manufacturer of railway vehicles, equipment and Solaris brand of buses, is also in the list of notable applicants for the private train project.

The Central Government has approved the Ministry of Railways’ proposal for a revised cost estimate for the construction of the Kolkata East-West Metro Corridor Project at an estimated cost of Rs 85.74 billion on Wednesday.

The upgrade of Jabalpur airport will result in the new terminal building getting equipped with world-class passenger facilities and the capacity to handle 500 passengers during peak hours. As an important tourism and business centre in central India, the town of Jabalpur is witnessing a steady increase in passenger traffic.

The country’s leading engineering, procurement and construction (EPC) projects, manufacturing, defence and services conglomerate, Larsen & Toubro on Monday announced 100 per cent completion and readiness for commissioning of the 99-MW Singoli-Bhatwari Hydroelectric Power Plant.

The Indian economy had tremendous potential and would certainly recover from the present downturn, Reserve Bank of India Governor, Shaktikanta Das has said.

Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance said that the economic growth of any region is closely linked to its road infrastructure.

To reap the benefit of the vast employment opportunities in the maritime sector and to certify their skill sets, a memorandum of understanding (MoU) was inked digitally between the Ministry of Shipping and Ministry of Skill Development and Entrepreneurship (MSDE) on Thursday.

The Ministry of Shipping has rationalised port tariff rates for cruise vessels. The net effect of the rate relaxation would be an immediate reduction in port charges ranging from 60-70 per cent, which is likely to provide major relief to the cruise industry in India.