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Blog Entry# 6157388
Posted: Aug 14 (19:56)

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IR Affairs
Aug 14 (19:56)   Odisha to Receive ₹15,000 Crore for Railway Projects Under Purvodaya Vision

Exynos9611~   19577 news posts
Entry# 6157388         Tags   Past Edits
Odisha to Get Rs.15,000 Crore for Rail Projects Union Bank to Auction Rs.Rs.2,316 Crore NPAs on August 23 Ministry of Coal Expands MDO Initiative to Boost Production India's Electric Mobility Market Poised to Hit $250 Billion by 2030

Odisha will receive ₹15,000 crore for new railway projects under the Purvodaya Vision, aimed at modernizing the state's railway infrastructure and boosting connectivity. The investment will be used to develop new lines, upgrade stations, and improve facilities, leading to increased passenger and freight movement, reduced travel time, and economic growth in...
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the state. Union Bank of India will auction ₹23.16 billion worth of non-performing assets (NPAs) from 45 accounts on August 23. The bank expects to recover around 75% of the principal outstanding. The Ministry of Coal has expanded its Mining Developers cum Operators (MDO) initiative to include 28 coal mine projects under Coal India Limited (CIL), with a combined production capacity of 257 million tonnes. This initiative aims to boost coal production through private operators who will manage the entire mining process. India's electric mobility sector is projected to become a $250 billion market by 2030, driven by significant investments in sustainable transportation and rising electric vehicle (EV) adoption. The market is expected to reach $94 billion in product opportunity and 23% EV penetration by FY30.

Odisha ko Purvodaya Vision ke neeche nye railway projects ke liye ₹15,000 crore milenge, jiska maqsad state ke railway infrastructure ko modernize karna aur connectivity ko boost karna hai. Is investment ka use new lines develop karne, stations ko upgrade karne, aur facilities ko improve karne mein kiya jaayega, jiski wajah...
more...
se passenger aur freight movement mein badhottari aayegi, travel time kam hoga, aur state mein economic growth hoga. Union Bank of India 23.16 billion rupees ke non-performing assets (NPAs) ko 45 accounts se August 23 ko auction karega. Bank ko ummeed hai ki wo principal outstanding ka 75% wapas paa lega. Coal Ministry ne apne Mining Developers cum Operators (MDO) initiative ko expand karke Coal India Limited (CIL) ke neeche 28 coal mine projects ko shamil kiya hai, jin ki combined production capacity 257 million tonnes hai. Is initiative ka maqsad private operators ke through coal production ko boost karna hai, jo ki pura mining process manage karenge.

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