Topic
government approval
Finance India Approves 2 Billion Polymer Banknotes of Rs 10 and Rs 20 for Field Trials
The Indian government has permitted the Reserve Bank of India to print 2 billion polymer banknotes – 1 billion each of Rs 10 and Rs 20 denominations – for field trials. Minister of State for Finance Pankaj Chaudhary informed Parliament that the notes will be tested before regular issue, and polymer will coexist with paper currency. The move follows RBI's tender for sourcing materials and aims to leverage the longer lifespan of polymer notes highlighted by international studies.
Logistics Two Varanasi Highway Projects Worth Rs 25,446 Crore Approved to Boost Logistics and Connectivity
The Cabinet Committee on Economic Affairs approved two highway projects in Varanasi totaling Rs 25,446 crore. The Varuna Expressway and Ganga riverbank corridor will significantly cut travel times, decongest the city, and improve multimodal connectivity to key logistics hubs including Ramnagar Port and Lal Bahadur Shastri International Airport.
Logistics India Approves 7 New Bullet Train Corridors in High-Speed Rail Expansion Push
The Indian government has approved seven new bullet train corridors, according to a report by the TOI Business Desk. The approval marks a significant step in the Centre's high-speed rail expansion across India, though further details on routes, timeline, and investment were not provided in the source article.