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Union cabinet to decide on land policy

Union cabinet to decide on land policy

A new land policy, that may clear land acquisition hurdle for existing and new infrastructure projects, would go to the union cabinet for approval. Land acquisition remains a major concern. Last year, a ban was imposed on the transfer of government land to other entities. If any department had to implement a project that required alienation of land (through lease, licence or rent), it had to seek the approval of the cabinet.

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Panel suggests auction of mining leases

Panel suggests auction of mining leases

In order to bring about transparency and increase state revenue from allocation of mining leases, Justice MB Shah Commission recommended that such leases be granted through public auction. After holding several hearings and inspections in Goa, the commission said natural resources, mostly iron ore, had made a few leaseholders billionaires. It is necessary that leasehold rights for mining are granted by public auction. This would increase the income of the state and there would be transparency in

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Regulator in road sector to maintain quality

Regulator in road sector to maintain quality

In its 12th Plan document, the Planning Commission has pitched for a regulator in the road sector in the country for determining tariff and service quality. There is no independent regulatory authority for country's roads and highways sector, the Commission said. The Commission said that there is a need for a regulator whose key functions should include tariff setting, regulation of service quality, assessment of concessionaire claims, collection and dissemination of sector information,

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US business prospects in Indian infra sector

US business prospects in Indian infra sector

Infrastructure sector in India is on the edge of big jump and offers noteworthy investment opportunities for the US businesses and other investors, Planning Commission Member BK Chaturvedi has said. He asked American investors to have confidence in India and its market. Investment in India's infrastructure sector - which has been has been pegged at around $1 trillion over next five years - has high potential, not high risk, Chaturvedi said.

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HPCL mulls 9 mn t refinery at Barmer

HPCL mulls 9 mn t refinery at Barmer

Hindustan Petroleum Corporation (HPCL) is exploring the option of setting up a 9 million tonne per annum (mn tpa) refinery at Barmer, Rajasthan in collaboration with its other partners.

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EPC road contracts RFQ for 4000 km

EPC road contracts RFQ for 4000 km

AK Upadhyay, Secretary, Ministry of Roads, Transport & Highways in his inaugural address at the INFRASTRUCTURE TODAY LEADERSHIP SUMMIT, announced that RFQs for 4000 km of road contracts would be