Foreign Direct Investment (FDI) inflow in Indian Railways

Date Of Post: 11 Apr, 2018 Foreign Direct Investment (FDI) equity inflow from April, 2014 to December,2017 in Railway sector is US$ million 389.83. The financial year-wise break up is as under :- Year                              Amount (In US$ million) (i) 2014-15                    129.73 (ii) 2015-16                    73.99 (iii) 2016-17                    87.57 (iv) 2017-18                    98.54…

Government Guarantee for Indian Railway Finance Corporation (IRFC) Bonds: to further ease the flow of borrowed funds for Ministry of Railways to undertake projects

Date Of Post: 27 Mar, 2018 Ministry of Finance has approved Government guarantee of Rs. 5000 crore in the current Financial Year for Indian Railway Finance Corporation (IRFC) bonds to be subscribed by Life Insurance Corporation (LIC). The guarantee fee for the aforesaid amount has also been waived by Ministry…

Government Invites EoI (Expression of Interest) To Execute India’s First Pod Taxi Project on Delhi-Gurgaon Corridor

Date Of Post: 17 Mar, 2018 New Delhi: The government has invited EoI (Expression of Interest) to execute India's first pod taxi project on Delhi-Gurgaon corridor, Parliament was informed on Thursday. The development follows a high-level panel recommending inviting fresh bids for the project, also known as PRT (Personal Rapid…

India Needs Investment of Rs 1 Trillion In Infrastructure Projects By 2030 For Augmenting Its Mass Rapid Transport Systems

Date Of Post: 14 Mar, 2018 Kolkata: India needs an investment of Rs 1 trillion in infrastructure projects by 2030 for augmenting its MRTS (Mass Rapid Transport Systems), NITI Aayog advisor Rakesh Ranjan said. Ranjan said, while the metro railway is good for intra-city transportation, suburban railway systems are more…
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