Recent transport crises show how limited public investment and rising private monopolies create both demand and supply shocks. Low rail funding and weak airline regulation expose flaws in the neo-liberal model. Strong public spending, fair taxation of the rich and tighter market oversight are essential to protect welfare.
Click to View MoreThe Union Cabinet has approved a ₹7,280 crore scheme to set up India’s first integrated Rare Earth Permanent Magnet manufacturing facilities, targeting 6,000 MTPA capacity. It will reduce import dependence, support EVs and renewable energy, and contribute to Net Zero goals. The government also approved Pune Metro Phase 2 and two major railway infrastructure projects in Gujarat and Maharashtra.
Click to View MoreIndian Railways has tested the first hydrogen-powered coach at its Integral Coach Factory in Chennai. The project involves converting existing diesel power cars into hydrogen fuel cell-powered traction systems and establishing a hydrogen storage facility in Jind, Haryana. The train will operate between Jind and Sonepat stations, covering 356 km daily.
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