In a significant push for infrastructure and innovation, the Cabinet has sanctioned ₹7,798 crore for two large-scale railway projects and a venture capital fund to propel India’s space economy. These railway investments aim to strengthen connectivity and operational efficiency on key routes, aligning with the nation’s vision for a modernized transport network. The newly approved space venture fund will support startups and enterprises involved in space exploration, satellite development, and advanced tech solutions, marking a strategic move toward self-reliance in space innovation. This dual initiative underscores the government’s focus on sustainable growth in transport and high-tech industries.
