Order issued by railway ministry says Project Development Cell will, among other things, identify issues that need to be resolved to attract investments.
MEA spokesperson Anurag Srivastava said India has adopted a very ‘open regime’ for attracting FDIs, but global companies have to abide by the country’s rules.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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