The Centre has proposed to implement the new civil aviation and tourism policy in May. The Ministry will take a decision on the controversial 5/20 rule in the new policy.
Author: admin (Infratructure Today)
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Govt prepares framework to boost hydro projects
The Power Ministry is preparing a new framework to boost hydropower development in the country by lowering the cost and removal of long-drawn clearances, a senior official said.
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Tribunal to be set up for faster resolution of PPP disputes
The government is planning to set up an independent tribunal for faster resolution of disputes relating to private sector partnerships and public procurement.
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DGCA considers easing of import norms for aircraft
Domestic airlines might soon be allowed to import aircraft that are up to 18 years old, with aviation watchdog - the Directorate General of Civil Aviation (DGCA)
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´Operators don´t follow AAI rules´
Vice-president of Maharashtra Navnirman Vidyarthi Sena, Akhil Chitre, has alleged that Mumbai Airport operators, GVK, are not following the rules laid down by Airports Authority of India.
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PAC wants PPP projects under CAG
The Public Accounts Committee strongly favours empowering the Comptroller and Auditor General to examine investment, expenditure and profit aspects in public-private-partnership (PPP) projects.
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New norms for transfer of mines
Parliament has cleared amendments to the MMDR Act to enable transfer of previously allotted captive non-coal mines.
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Funds raised by NHAI
The government has permitted borrowing of Rs.59.279 crore by NHAI during 2016-17 as IEBR. NHAI plans to raise Rs.5,000 crore through capital gains bonds and `50,000 crore through taxable bonds or other similar instruments
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AAI likely to post all-time high revenue
National airports operator Airports Authority of India (AAI) is expected to report an all-time high revenue of Rs.10,000 crore, with an estimated flat profit growth in FY16.
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IL&FS keen to invest in infra in Hyderabad
IL&FS has evinced interest in investing in infra projects in Hyderabad, including housing and roads, Telangana government said.