New Delhi, June 29 (IANS) In a major push to infrastructure financing and long-term economic development, the Union Cabinet chaired by Prime Minister Narendra Modi on Monday approved an additional government investment commitment of Rs 30,000 crore to the National Investment and Infrastructure Fund (NIIF). The fresh allocation doubles the Government of India’s total commitment to the sovereign-backed investment platform to Rs 60,000 crore.The decision is aimed at accelerating investments in cr…
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New Delhi, May 21 (IANS) Prime Minister Narendra Modi’s multi-nation tour highlights India’s accelerating efforts to diversify energy sources, deepen strategic partnerships, and position itself as a key bridge between the Middle East and Europe in an increasingly fragmented global order, according to a news article. Prime Minister Modi’s recent visits to the Netherlands and Sweden constitute part of India’s wider European outreach, which included Norway and Italy, at a time of shifting alliances…
New Delhi, April 29 (IANS) The Ministry of Heavy Industries held a high-level meeting on Wednesday to deliberate on financing mechanisms required to accelerate the adoption of electric buses and trucks in the private sector.Officials at the meeting, chaired by Heavy Industries Secretary Kamran Rizvi, discussed the financing challenges for the adoption of e-buses and e-trucks, the current status of financing these heavy vehicles, and potential solutions to address the challenges, as well as the g…