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Railways boost: Cabinet okays Rs 2,192 crore project to double Bakhtiyarpur-Rajgir-Tilaiya line; move to aid freight, pilgrims and local economy

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the doubling of the 104 km Bakhtiyarpur–Rajgir–Tilaiya railway line in Bihar at an estimated cost of Rs 2,192 crore.The project will expand the Indian Railways network across four districts and improve connectivity to important destinations such as Rajgir, Nalanda and…

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Diwali cheer for Indian Railways employees! Cabinet approves productivity-linked bonus; Rs 1,865 crore payout

The Union Cabinet on Wednesday approved payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages to railway employees, with a financial implication of Rs 1,865.68 crore.The decision, taken at a meeting chaired by Prime Minister Narendra Modi, will benefit about 10.91 lakh non-gazetted employees of the Indian Railways. The bonus is paid annually…

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Big ‘Atmanirbhar Bharat’ push: Cabinet approves Rs 69,725 crore package for shipbuilding and maritime sector; top points

The government has introduced the Shipbuilding Development Scheme (SbDS) with Rs.19,989 crore funding. (AI image) Prime Minister Narendra Modi-led Cabinet on Wednesday announced Rs 69,725 crore reforms in the shipbuilding and maritime development sector.The initiative aims to enhance India’s shipbuilding and maritime infrastructure. This strategic package incorporates four key elements focused on strengthening domestic capabilities,…

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US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table

The government’s proposed Export Promotion Mission, designed to shield Indian exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.The mission, first announced in the Union Budget, is expected to offer about Rs 25,000 crore worth of…

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Nepal interim government: PM Sushila Karki unveils new cabinet; Kulman Ghising among new ministers

Nepal’s interim prime minister has announced her first cabinet appointments, in a move to stabilise the country after violent youth-led demonstrations forced the previous government out.At a ceremony held outdoors beside the torched presidential office, President Ram Chandra Paudel swore in three senior ministers on Monday in an event that was carried live on television.Among…

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