Railways Halts Nitish Kumar’S 2004 Scheme, Know Why

Railways Halts Nitish Kumar’S 2004 Scheme, Know Why

In a big move, Indian Railways has halted employment initiative. The initiative was launched during former railway minister Nitish Kumar’s term in 2004. The scheme was started with an aim to give jobs to children of employees in the lower tier in return for voluntary retirement.

China Starts Generating Power From World’s Biggest Floating Solar Plant; Take A Look

China Starts Generating Power From World’s Biggest Floating Solar Plant; Take A Look

China’s Three Gorges Group started producing power from a 150-megawatt floating solar plant in east China, the largest of its kind in the world, official Xinhua news agency reported. According to the media report, the solar power project in Huainan in Anhui province, developed by the new energy unit of state-run Three Gorges Group, is expected to come on stream by May 2018.

How To Fund Infrastructure Gap In India: InvIT Is Fine, But This Amazing Solution Is An Eye-Ball Grabber

How To Fund Infrastructure Gap In India: InvIT Is Fine, But This Amazing Solution Is An Eye-Ball Grabber

The capacity to aggregate high quality assets and raise capital is very useful not just for large conglomerates but also middle-tier businesses and an absolute must for aggregating middle-sized projects (20 to 200 crore rupees) in India to bridge the infrastructure funding gap that has been put in the range of 750 billion USD to 1.5 trillion USD depending on which estimate one looks at.