PPP projects have contributed only 33 per cent to toital capacity of major ports up to March 2014, thereby defeating the purpose of the PPP model, CAG has said.
Author: admin (Infratructure Today)
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NGT slaps Rs.25 cr fine on Adani-Hazira Port
The National Green Tribunal has slapped a penalty of Rs.25 crore on Adani-Hazira Port Pvt Ltd and its associate Hajira Infrastructure Pvt Ltd for carrying out work at their Hazira-based port near Surat without acquiring environment clearance.
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Government announces first batch of 20 smart cities
The government has announced the 20 winners of the Smart City Challenge competition for financing during this financial year. Minister of Urban Development M Venkaiah Naidu said that the winners were from 11 States and the Union Territory of Delhi and the selection was totally objective and transparent based on standardised processes.
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Gadkari hopeful of pushing Road Safety Bill in next Parliament session
Despite stiff political hurdles, Nitin Gadkari-led Road and Highway Ministry hopes to soon push the long pending Road Safety Bill in the upcoming Parliament session.
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Govt may increase Rs.70k-cr planned capital infusion for PSBs
The Finance Ministry is considering infusing more than the announced Rs.70,000 crore in public sector banks to help strengthen their balancesheets.ĆĀ“
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Smart City selection not politically motivated: Centre
Since no city of Uttar Pradesh could make it to the top 20 list, the SP accused the BJP government of ĆĀ“cheatingĆĀ“ the people of the State.
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Govt to exploit unviable coal mines to make urea: Gadkari
Government will soon exploit economically unviable coal mines for gasification to produce cheaper urea to cut down on huge Rs.55,000-crore annual subsidy on the fertiliser, Union Minister Gadkari said.
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Road ministry likely to rebid stuck projs
As a meeting in New Delhi between the government, lenders and concessionaires could not find solutions to 10 of the 19 languishing highway projects, the road ministry is likely to restructure and rebid them.
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200 SEZs likely to be exempt from 18.5percentage MAT
Enterprises operating from over 200 Special Economic Zones (SEZs) in the country are likely to be exempted from the minimum alternative tax (MAT) of 18.5 per cent on their book profits.
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Recycling policy soon: Steel secy
Accepting the long pending demand of ferrous and non-ferrous metal recyclers in India, the Union government has agreed to frame a national policy on metal recycling.