Resource crunch including skilled and unskilled labour was identified as one of the biggest stumbling blocks before a potentially booming EPC industry. The 12th Five Year Plan offers Rs 17.08 lakh crore of construction opportunity. And even as interÂnationalisation knocks on India's doors,
Author: admin (Infratructure Today)
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New duties
Ramesh Chandak has been elected as President, Indian Electrical & Electronics Manufacturers' Association (IEEMA) for the year 2011-12. Chandak takes over from Vimal Mahendru, the outgoing president.
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The Flag-off
The inaugural Indian Grand Prix was a grand success. Many in the Formula One world might have wondered if India is capable of pulling of such a big feat. When the world champion Sebastian Vettel won India's first ever Formula One,
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New JNNURM in 12th Plan
The Plan panel said the government is working on a new Jawaharlal Nehru National Urban Renewal Mission (JNNURM) during the 12th Plan, aiming to fast track infrastructure development in cities.
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Govt keen on PPP in irrigation
The Central Government is contemplating roping in private companies to accelerate construction of irrigation networks like canals and dams across the country.
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Rail freight rate hike
The Railways' decision for a more than 15 per cent across-the-board hike in freight rates hit hard on the industry at the time of high inflation.
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Mining royalty rate hike sought
Orissa Chief Minister, Naveen Patnaik sought a level playing field by urging the centre for an upward revision of mining royalty rates and a ban on ore exports.
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Cabinet nod for raw materials policy
The Cabinet approved a new policy allowing the acquisition of raw material assets outside India by state-owned companies with a three-year record of making profits, delegating moÂre powers for such buyouts to the boards of maharatna and navaratna public sector companies.
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Mah offers sops to port, cargo proj
In order to boost investment in small port, multi-purpose jeÂtty and cargo terminal proÂjects, the Maharashtra goveÂrÂÂnÂment has granted an eight-year holiÂday on non-agriculture (NA) tax and exempted NA cleaÂÂÂÂrance norms of land acqÂuiÂsition for the projects.
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REC plans Rs 1,000 cr infra bonds
Rural Electrification Corporation (REC) plans to raise Rs 1,000 crore by issuing tax-saving infrastructure bonds in the current financial year.