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2015-12-02 ArtNo.45577
◆India， Japan ink pact for Rs 5，479 crore assistance for Chennai， Ahmedabad metros
 【New Delhi】India and Japan have inked an agreement for Rs 5479 crore official development assistance for Chennai and Ahmedabad metros, a financial statement said on the 29th November. Agreements were signed by S. Selvakumar, the joint secretary, ministry of finance, Government of India and Yutaka Kikuta, Deputy Chief of Mission of Japan to India here on the 28th of November. ○India may spend $95 billion on railways over 5 years: Morgan Stanley  【New Delhi】India is expected to spend a whopping USD 95 billion on ramping up its rail infrastructure, a step that will help in increasing the country's manufacturing competitiveness, a report says. Morgan Stanley Research's Industrial Analyst Akshay Soni, who authored the report, believes that the "historical lack of delivery in the Railways creates scepticism, but this time could be different". 【News source】 India, Japan ink pact for Rs 5,479 crore assistance for Chennai, Ahmedabad metros India may spend $95 billion on railways over 5 years: Morgan Stanley SEAnews eBookstoreSEAnews eBookstore(GoogleE)Readers' VoiceYour Comments / UnsubscribePlease do not directly reply to the e-mail address which is used for delivering the newsletter. SEAnewsFacebookSEAnewsGoogleSEAnews world circulation |
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