National High Speed Rail Corporation Limited MD Satish Agnihotri appointed in June 2021. Rajendra Prasad, director (projects) at the NHSRCL, to take additional charge as MD.
Japan has given Rs 5,500 cr so far, while railways & state govts have provided none. The project needs 1,400 hectares of land but has acquired only 0.9.
Driving an electric vehicle for months, the Hyundai IONIQ5, BMW iX and now the Kia Carens Clavis electric, has convinced me of the viability of EVs for city and mid-range commutes.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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