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The budget allocated Rs 1.7 lakh crore for the transportation sector in 2020-21, Rs 19.6 lakh crore for roads, Rs 13.69 lakh crore for railways, Rs 1.43 lakh crore for airports and Rs 1.01 lakh crore for ports.

Budget 2020: What does it mean for transportation & logistics?

3 Feb 2020 12:48 PM GMT
February 3, 2020: Finance minister Nirmala Sitharaman delivered her Union Budget 2020-21 speech on February 1 which received a negative response from...
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Particularly, the government wanted to attract international players to bid for Air India and find buyers for Jet Airways.

India may allow 100% FDI in aviation by February 2020

2 Jan 2020 10:34 AM GMT
January 2, 2020: Finance Minister Nirmala Sitharaman may raise the 49 percent foreign direct investment cap in the country’s aviation industry to 100...
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The government will release its stake of 53.29% in BPCL, 63.75% in SCI, 30.8% in CONCOR, 74.23% in THDCIL and 100% in NEEPCO.

Govt to sell stake and transfer control of 5 PSUs including SCI, CONCOR and BPCL

21 Nov 2019 7:14 AM GMT
November 21, 2019: The Prime Minister Narendra Modi led cabinet committee on Wednesday gave the approval to sell more than 51 percent stake and...
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Union minister for finance and corporate affairs, Nirmala Sitharaman along with the minister of state for finance and corporate affairs, Anurag Singh Thakur arrives at Parliament House to present the Union Budget 2019-20, in New Delhi on July 5, 2019.

Budget 2019 reactions: Transport, logistics, shipping sectors welcome connectivity push

6 July 2019 7:23 AM GMT
July 6, 2019: Transport, logistics and shipping professionals welcomed the Budget 2019 presented by Union minister for finance and corporate affairs...
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