SPV: GK, Current Affairs, Questions, Trivia and News

Budget 2019 : Railways

The Union Budget 2019 had the following to say about the Indian Railways in its annual document. Salient Features in the Budget for the Indian Railways Capital expenditure of Rs 1,60,175.64 crore has been allocated for the Railways Ministry for 2019-20. This is the highest-ever allocation made to Indian Railways. The money for the outlay ..

SPV s to Aid Direct Funding for Universities

Ten high-performing state universities are now setting up special purpose vehicles companies to receive the funds directly from the Central government. This model is being explored to cut the red tape. How the new Model would work? The selected universities are required to create a special purpose vehicle (SPV) under the Companies Act. These campus ..