Day: 25 October 2024

Ministry of Defence, on October 24, 2024, signed a contract with Chowgule & Company Pvt. Ltd., Goa for procurement of six Air Cushion Vehicles (ACVs) for the Indian Coast Guard at a total cost of Rs 387.44 crore. These amphibious vessels, also called ‘Hovercrafts’, will be procured under the Buy {Indian) category. These ACVs will be indigenously manufactured in India for the first time in line with the ‘Aatmanirbhar Bharat’ vision of the Government, representing a pivotal step in the nation’s shipping landscape. The project will also significantly enhance the…

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The 256 Km Railway Doubling Project in North Bihar is a significant infrastructure initiative aimed at enhancing connectivity in the region, particularly between Mithilanchal, Nepal, and Northeast India. The Union Cabinet has approved the investment of approximately Rs 6,798 crore for two railway projects in Bihar, one being the doubling project. This financial commitment signifies the government’s focus on developing railway infrastructure in this crucial region. Economic Growth: By enhancing connectivity, the project is expected to stimulate economic development in Mithilanchal and improve access to markets for local businesses. Transit…

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