After K-Rail did not get Centre’s approval, Kerala govt recently approved RRTS. Sreedharan criticised RRTS as ‘election student’ & called it ‘foolish venture’.
2 years after UNNATI was unveiled to accelerate industry & jobs in the region, Budget offers limited funding, with only incremental support through tourism & agarwood farming.
FM Sitharaman also announced the govt will set up 5 university townships in the vicinity of major industrial logistics centres, and set up or upgrade 4 Telescope Infrastructure.
According to economists, the govt is expected to raise spending on roads, ports and railways, expand export incentives, and reform the import-duty regime.
Economic Survey 2025-26 presents a picture of an economy that is stronger, more resilient. But it also makes one thing clear: India’s biggest challenge now is execution.
Haryana CM Nayab Saini, who also holds the finance portfolio, unveiled his first budget Monday. Total outlay for FY 2025-26 is Rs 2.05 lakh cr, up 13.7% hike from previous fiscal year.
As no new big schemes were announced in budget before Tamil Nadu goes to polls next year, analysts say this shows DMK govt’s confidence about securing a second consecutive term.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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