Government Monetises ₹1.56 Lakh Crore in FY24 under National Monetisation Pipeline In a significant move aimed at bolstering infrastructure development across the country, the Government of India has successfully monetised ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) for the fiscal year 2023-24. This initiative, spearheaded by various ministries, aims to unlock the value…
Union Cabinet Approves Economic Measures Worth Over ₹2.88-Lakh Crore Overview of Economic Decisions The Union Cabinet has sanctioned economic measures totaling ₹2.88-lakh crore. These decisions, announced after the allocation of portfolios to Union Ministers in the Modi government’s third term, aim to enhance various sectors and stimulate economic growth. MSP Hike for Kharif Crops One…
Uttar Pradesh Leads Transmission Line Additions in 2023-24 In the realm of electricity transmission infrastructure, Uttar Pradesh emerges as a frontrunner in the fiscal year 2023-24, showcasing significant advancements in its transmission line network. This surge in transmission line additions underscores the state’s commitment to bolstering its power infrastructure, a vital component for sustaining economic…
India Records Positive Growth Among Top 5 World Steel Producers in April India’s steel industry has marked a significant milestone in April, achieving positive growth and securing its position among the top five steel producers globally. Amidst the challenges posed by the pandemic, India’s steel sector has exhibited resilience, contributing to the nation’s economic recovery….
IRDAI Lowers Solvency Requirement and Removes Exposure Limit for Surety Bonds The Insurance Regulatory and Development Authority of India (IRDAI) has recently announced significant changes in the solvency requirement and exposure limit for surety bonds. This move aims to enhance liquidity and boost growth opportunities within the insurance sector. Why this News is Important Impact…
India Inks 10-Year Deal to Operate Iran’s Chabahar Port India has recently sealed a significant 10-year deal with Iran, securing the rights to operate and manage the strategically located Chabahar Port. This pact comes as a crucial milestone in bolstering India’s connectivity with Afghanistan and Central Asia, enhancing its geopolitical influence in the region. The…
GAIL Wins 15th CIDC Vishwakarma Award for Barauni-Guwahati Pipeline The construction industry has witnessed another milestone as GAIL (India) Limited secures the prestigious 15th CIDC Vishwakarma Award for the construction of the Barauni-Guwahati Natural Gas Pipeline. This accolade recognizes excellence in infrastructure development and has underscored GAIL’s commitment to innovation and quality in its projects….
Prime Minister Narendra Modi Inaugurates India’s First Automobile In-Plant Railway Siding In a significant development aimed at enhancing the transportation infrastructure for the automobile industry, Prime Minister Narendra Modi inaugurated India’s first Automobile In-Plant Railway Siding. The inauguration ceremony, held at the Maruti Suzuki manufacturing plant in Gurugram, marked a crucial milestone in India’s efforts…
Prime Minister Narendra Modi Virtually Inaugurates Sela Tunnel: A Milestone in Infrastructure Development” India witnessed a historic moment as Prime Minister Narendra Modi virtually inaugurated the Sela Tunnel, marking a significant stride in the country’s infrastructure development. This tunnel holds immense relevance for aspirants preparing for government exams, especially those eyeing positions in teaching, police,…
India’s First Gati Shakti Research Chair Established at IIM Shillong In a significant development, India has established its first Gati Shakti Research Chair at the prestigious Indian Institute of Management (IIM) Shillong. This initiative marks a crucial milestone in the country’s pursuit of excellence in research and development, particularly in the field of transportation and…
