The Maharashtra government has signed a memorandum of understanding (MoU) with Malaysia-based CIDB Holdings for Nagpur-Mumbai Samruddhi Corridor. It is expected that the CIDB Holdings will invest sizable amount of funds from Rs.10,000 crore to Nagpur-Mumbai Samruddhi Corridor worth Rs.30,000 crore.
Author: admin (Infratructure Today)
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Government´s non-tax kitty may touch 5-year high
The telecom sector´s contribution towards non-tax revenues of the Indian government in the current fiscal is likely to be the highest in the past five years due to the mega spectrum auction, which is likely to take place in September this year, ICRA said.
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Telecom operators to invest Rs.20,000 cr
Telecom operators assured the government that they would install 1 lakh new towers in the next 12 months, entailing an investment of Rs.20,000 crore, to rein in the call drop menace and give a fillip to the Digital India campaign.
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Government drops plan for Rs.17.5k crore funds for telecom
The government has dropped a proposal to create three funds worth Rs.17,500 crore for promoting production of telecom equipment in the country as it can be covered under the Electronic Development Fund, Parliament has been informed.
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Telecom Commission sets SUC at 3percent of revenue
The Telecom Commission has fixed the weighted average spectrum usage charge (SUC) at a minimum of 3 per cent of revenue, raising the user charge for Reliance Jio Infocomm and Maxis-controlled Aircel, while shooting down the formula of flat revenue share rate across all airwave bands and operators, proposed by the Telecom Regulatory Authority of India (TRAI).
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Hans Foundation announces Nirmal Khora Village programme
The Hans Foundation has announced ´Nirmal Khora Village´ programme to improve the sanitation, waste disposal and drainage system at Khora village, Asia´s biggest labour colony, to improve the overall condition of Khora village and provide a better quality of life to its residents.
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Centre approves plan to reduce ESZ
The Union Ministry of Environment and Forests has accepted a state government proposal to exclude 165 hectares from the eco-sensitive zone (ESZ) around the Sanjay Gandhi National Park at Borivali, Mumbai effectively paving the way for construction of the car-shed for the Metro-III at Aarey Colony.
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Two IITs to outline Smart City plan for Varanasi
The Centre has roped in Indian Institute of Technology, Kharagpur and Indian Institute of Technology (Banaras Hindu University) to chalk out a plan for redeveloping Varanasi into a Smart City, while preserving its heritage.
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Solid Waste Management Corporation Bill awaits Cabinet nod
The Solid Waste Management Corporation Bill has been put up for approval of the Cabinet, Minister for Science and Technology Alina Saldanha has told the Goa Legislative Assembly.
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We are deploying projects worth over Rs.10,000 crore in Rajasthan
Being one of the leading states in implementing schemes backed by the Centre, Rajasthan is always in the forefront, whether it is for energy efficiency or municipal reforms.