Snehal khanna Blog

GE won a $2.6 billion contract in 2015 to supply 1,000 diesel locomotives LATEST NEWS  : Surprise policy shifts, consisting of an obvious U-turn over a locomotive cope with preferred electric, chance undermining high Minister Narendra Modi’s flagship ‘Make in India’ initiative, which targets to create millions of jobs and enhance increase, enterprise executives say. GE won a $2.6 billion agreement in 2015 to deliver 1,000 diesel locomotives - the largest direct funding in India with the aid of a U.S. company and the primary deal awarded to a foreign company after India allowed one hundred percentage foreign investment in its railways - a part of efforts to overhaul its creaking, colonial-technology infrastructure. however the railways ministry said ultimate week it wouldn’t need diesel in spite of everything - hoping to shop on fuel and maintenance fees - and advised GE may need to make electric powered engines instead. electric engines are typically used for...

The Congress on Monday demanded Railway Minister Suresh Prabhu's resignation LATEST NEWS :  Amidst Opposition's demand for his stepping down from the position of Union Railway Minister over derailment of the Puri-Haridwar Kalinga Utkal Express, Suresh Prabhu on Wednesday informed that though he takes moral responsibility of the incident, Prime Minister Narendra Modi asked him to wait. Prabhu took to his Twitter handle to post a thread, where he says, "In less than three years as Minister, I have devoted my blood and sweat for the betterment of the Railways. Under the leadership of Prime Minister Narendra Modi, I tried to overcome decades of neglect through systemic reforms in all areas, leading to unprecedented investment and milestones." "New India, envisioned by Prime Minister Modi, deserves Railways, which is efficient and modern. I promise that is the path on which Railways is progressing now," he further said. Adding, "I am extremely...