NLCIL Gets Rs 70 Billion Boost for Green Energy Expansion
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, has granted NLC India Limited (NLCIL) a special exemption from prevailing investment guidelines for Navratna Central Public Sector Enterprises (CPSEs), enabling it to invest Rs 70 billion in its wholly owned subsidiary, NLC India Renewables Limited (NIRL). This strategic relaxation allows NIRL to invest directly or form joint ventures without prior approvals and exempts the investment from the Department of Public Enterprises’ 30 per cent net worth cap on CPSE investments in subsidiaries and JVs.The move is designed to..
New Farm Scheme to Boost 100 Low-Yield Districts
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the “Prime Minister Dhan-Dhaanya Krishi Yojana”, a six-year agriculture-focused initiative to be launched from 2025–26. The scheme will target 100 districts across India with low productivity, limited crop intensity, and inadequate credit access.Inspired by NITI Aayog’s Aspirational District Programme, this is the first scheme of its kind to focus solely on agriculture and allied sectors. It aims to boost agricultural output, encourage crop diversification and sustainable practices, expand post-harvest storage at ..
Kottayam Port Plans Water Link to Vizhinjam
Kottayam Port and Container Terminal, India’s first inland container depot (ICD), is planning to establish inland water connectivity with Vizhinjam Port to enable efficient cargo transshipment. The proposal has received a favourable response from the Kerala government, and port authorities have held initial discussions with the Customs Commissioner. They are optimistic about achieving a minimum daily movement of 30 TEUs to Vizhinjam.KM Roopesh Babu, General Manager of the port, noted that dredging via Thrikkunnapuzha and the Thottappally Spillway would be essential to establish this route. A..
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