In line with the government´s emphasis on simplifying procedures to promote ´ease of doing business´, the Shipping Ministry has decided to weed out thirteen archaic rules under Merchant Shipping Act
Author: admin (Infratructure Today)
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India, Bangladesh sign SOP
India and Bangladesh signed Standard Operating Procedure (SOP) to operationalise the ´Agreement on Coastal Shipping´.
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Auto exports from major ports decline
Exports of cars from Indian major ports and particularly from Chennai and Kamarajar ports in Tamil Nadu declined during the April-September period, mirroring the negative growth reported by the manufacturing sector in the first six months of the financial year.
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Suggestions invited on Port Authority Bill
The Union Ministry of Shipping has invited suggestions from all stakeholders on the draft Major Port Authorities Bill 2015 and the draft has been uploaded on the ministry website with a request to stakeholders to send in their views.
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Mines Min propose scrapping export tax on iron pellets
The mines ministry has written to the finance ministry to propose scrapping a 5 per cent export duty on iron ore pellets, Mines Secretary Balvinder Kumar said, adding the government could also look at abolishing duty on low-grade iron ore.
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IR, Raj govt to form JV for infrastructure development: Prabhu
The Railways Ministry is looking at forming a joint venture with the Rajasthan Government for developing rail infrastructure in the state, Union Minister Suresh Prabhu said.
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Aviation min scraps second approval for import of aircraft
Scheduled airlines as well as non-scheduled operators in the country will no longer have to seek the civil aviation ministry´s approval for importing aircraft after having secured an in-principle approval prior to entering into negotiations for purchasing the aircraft.
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Cabinet approves Rs.8,349-cr investment on rail freight lines
The Union cabinet chaired by Prime Minister Narendra Modi approved an investment of Rs.8,349 crore for laying down multiple freight-specific rail lines in Odisha, Chhattisgarh and Andhra Pradesh.
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Infrastructure project budgets may exclude land cost
The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their own projects without going through the time-consuming process of seeking the approval of the Cabinet Committee on Economic Affairs.
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.