India’s maritime infrastructure witnessed a landmark moment on Saturday as Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal inaugurated the capacity augmentation works of the Vizhinjam International Seaport in Kerala. The fast-tracked expansion is expected to significantly enhance India’s container transshipment capabilities and strengthen the country’s position in…
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NITI Aayog Releases Export Preparedness Index (EPI) 2024
NITI Aayog on Tuesday released the Export Preparedness Index (EPI) 2024, offering a comprehensive assessment of export readiness across India’s States and Union Territories. The index highlights the critical role of subnational economies in driving India’s global trade ambitions and achieving the target of USD 1 trillion in merchandise exports…
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87-km Bottleneck Delays ₹1 Lakh Crore Delhi–Mumbai Expressway
The ambitious Delhi–Mumbai Expressway, envisioned as India’s fastest and most transformative road corridor, has hit a significant roadblock. Despite nearing completion across most states, a short 87-kilometre stretch in Gujarat has delayed the full operationalisation of the ₹1.04 lakh crore project by nearly four years, raising concerns within the Ministry…
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Railways Balance Fares, Freight Growth 2024–25
Indian Railways has adopted a dual approach to ensure affordable travel and robust freight growth, the Union Minister for Railways, Communications and IT, Shri Ashwini Vaishnaw, said in Parliament. Freight tariffs have been held steady since 2018 despite rising input costs, while passenger fares were rationalised with effect from July…
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SMFCL OKs ₹25,000 Cr Borrowing to Boost Maritime Growth
Sagarmala Finance Corporation Limited (SMFCL), a Mini-Ratna CPSE under the Ministry of Ports, Shipping and Waterways, has approved an overall borrowing limit of ₹25,000 crore to finance an ambitious pipeline of maritime infrastructure projects, with ₹8,000 crore earmarked for the current financial year. Borrowing blueprint to unlock maritime investment The…
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India Post Unveils Gen Z–Themed Post Office at DU
India Post on Thursday inaugurated the revamped Delhi University Post Office — the second campus outlet redesigned under a nationwide initiative to make post offices more relevant to Generation Z. Guided by the vision of Union Minister Shri Jyotiraditya M. Scindia, the project reimagines post offices as student-centric, tech-enabled spaces…