
Govt makes new announcements on vehicle scrappage policy

PM Modi to Launch Rs 3.6 Billion Projects in Purnea on Monday
Months ahead of assembly elections in Bihar, Prime Minister Narendra Modi will be in Purnea district on Monday to address a rally and launch development projects worth Rs 3.6 billion.The PM will also inaugurate a newly developed airport terminal at the north Bihar town, which would fulfil the region’s long-standing demand for air connectivity.Another key highlight is the scheduled inauguration of the National Makhana Board, the setting up of which was announced in the Union budget earlier this year.Hailed as a “super food” by the PM in many of his speeches, makhana, or Indian foxnuts, ar..

PM Modi Calls Manipur Land of Courage, Pledges Peace Priority
Prime Minister Narendra Modi on Saturday called Manipur the “land of courage and valour”, assuring people that peace and prosperity in the state will be his government’s foremost priority.Addressing a public meeting in Churachandpur, he said he could “never forget the love” he received on his way to the district from Imphal by road. PM Modi urged various outfits to “embark on the path of peace” for the future of their children and stressed that development could only thrive in an environment of harmony."Violence was unfortunate, I spoke to displaced people and can say Manipur is ..

India Plans Rs 2 Billion Fund to Boost Infrastructure Finance
India’s ambitious push for large-scale infrastructure growth may soon get a major financing cushion. The government is working on a plan to launch a Rs 2 billion risk guarantee fund aimed at reducing uncertainty for investors and developers, according to a report.The fund is designed to give confidence to lenders and private players by covering risks that go beyond commercial considerations. The proposed fund will primarily address losses that arise due to factors such as policy changes, land acquisition delays, or environmental clearances. It will not cover commercial risks but will protect..