

Cabinet Approves DSIR’s Rs 22.77 Bn Capacity Building Scheme
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the Department of Scientific and Industrial Research (DSIR) / Council of Scientific and Industrial Research (CSIR) scheme on “Capacity Building and Human Resource Development” with an outlay of Rs 22.77 billion for the Fifteenth Finance Commission period (2021-22 to 2025-26).Implemented by CSIR, the scheme covers R&D institutions, national laboratories, Institutes of National Importance, Institutes of Eminence, and universities nationwide. It provides a platform for young researchers aspiring to careers in academia, ind..

Rs 2 Tn of Road Assets Set for Monetisation in Five Year
Vertis Infrastructure Trust, a KKR-backed road infrastructure investment trust (InvIT), currently manages assets worth Rs 260 billion, following the country’s largest-ever acquisition last year.In an interview with Moneycontrol, Vertis Infra Trust CEO Gaurav Chandna said InvITs have “democratised” infrastructure investing by allowing investors to access stable, inflation-hedged yields with robust governance.Chandna noted that family offices, high net-worth individuals, corporate treasuries, and domestic investors are increasingly attracted to InvITs. “They offer predictable, annuity-li..

Cabinet Approves Doubling of Bakhtiyarpur–Rajgir–Tilaiya Railway Line
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the doubling of the Bakhtiyarpur–Rajgir–Tilaiya single railway line section in Bihar. The 104 km project will be developed at an estimated cost of Rs 21.92 billion.The project spans four districts and will expand the Indian Railways network by 104 km. It will also enhance connectivity to key destinations such as Rajgir, Nalanda, and Pawapuri, which are significant for pilgrims and tourists.Once completed, the multi-tracking will directly benefit around 1,434 villages and 13.46 lakh people,..