U.S. Representative Roger Marshall won the Kansas Republican primary for the Senate on Tuesday, defeating anti-immigration firebrand Kris Kobach with the help of the party establishment, which feared Kobach would hurt Republican chances in the fall. Ryan Brooks reports.
The World Bank and the Government of India on July 07 signed a loan agreement to enhance support for the Namami Gange Programme that seeks to rejuvenate the Ganga River. The USD 400 million operation comprises a loan of USD381 million and a proposed guarantee of up to USD 19 million. The agreement was signed between Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Qaiser Khan, Acting Country Director (India), on behalf of the World Bank. The guarantee instrument will be processed separately. The Second National Ganga River Basin Project will help stem pollution in the iconic river and strengthen the management of the river basin, which is home to more than 500 million people. Under the Namami Gange Programme, 313 projects have been sanctioned till March 2020 at a total cost of Rs 28,966 crore in different sectors. The National Ganga River Basin Project (NGRBP) is an important component of Namami Gange. A World Bank-funded National Ganga River Basin Project (Ganga -I) for an amount of USD600 million (Rs 4,535 crore) is currently ongoing and is approved up to December 31, 2021 for funding infrastructure projects of pollution abatement in the river Ganga. The loan would be for a period of five years up to December 2026. The World Bank has been supporting the government's efforts since 2011 through the ongoing National Ganga River Basin Project. The USD400 million operation includes a proposed guarantee of up to USD19 million to backstop the government's payment obligations for three Hybrid-Annuity-Model Public-Private Partnership (HAM-PPP) investments on the Ganga's tributaries.
Speaking on the participation of private entities in running passenger trains, Railway Board Chairman, Vinod Kumar Yadav on July 02 informed that 5 per cent of the trains have been offered to private players under Public-Private Partnership. "5% is being offered to private operators under Public-Private Partnership (PPP), 95% trains will be run by Indian Railways. Majority of trains will be manufactured in India. Private train operators will fix fare keeping in mind fares of airlines and AC buses," said Railway Board Chairman.
A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve Chairman Jerome Powell told Congress on Tuesday. Conway G. Gittens has more of his testimony.
Federal Reserve Chair Jerome Powell on Tuesday testified before the Senate Banking Committee and said that the U.S. economy appears to be entering the second phase of reopening assuming the virus remains under control.
Many small business owners are taking a hit to their pocketbook after being shutdown by stay at home orders. Many businesses have insurance for disaster situations, however coronavirus closures aren't..
Credit: KTNV Channel 13 Las Vegas Duration: 00:56Published
The house has passed a measure to modify a new "paycheck protection" program for businesses that have suffered COVID-19 related losses. It would give businesses more flexibility to use federal subsides..
Credit: KTNV Channel 13 Las Vegas Duration: 00:18Published