The government could hire experts in banking sector surveillance, the Finance Ministry said, as it seeks to avoid incidents like the alleged Rs.6,000 crore scam at Bank of Baroda. ĆāWe need specialised expertise in surveillance and analytical algorithm,Ćā Minister of State for Finance Jayant Sinha said after a meeting with officials from public sector banks
Author: admin (Infratructure Today)
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Centre to discuss policy support by states for affordable housing
The Ministry of Housing and Urban Poverty Alleviation will discuss with the states the policy measures being taken by them to promote affordable housing projects for the benefit of economically weaker sections (EWS) and low income groups (LIG).
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GoI makes changes in indirect tax rates
The Government of India has made changes in indirect tax rates. In view of the continued fall in international prices of wheat and the anticipated adverse impact of increased imports during the first half of this financial year, basic customs duty on wheat has been increased from 10 per cent to 25 per cent for a period up to 31.03.2016.
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No deadline for civil aviation policy: Raju
Civil aviation minister Ashok Gajapathi Raju has said the government has not set a deadline for finalising the civil aviation policy. He said the policy was in ĆĀ“advanced stagesĆĀ“ and would be approved soon.
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Water and sewerage plans in 89 AMRUT cities approved
Aiming at ensuring water supply and sewerage facilities in urban households, Urban Development Ministry has cleared plans worth over Rs.2,700 crore in 89 cities under Atal Mission for Rejuvenation and Urban Transformation (AMRUT).
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Rail Min tweaks approval process
To hasten project implementation, the Railway Ministry has directed all its zonal headquarters to call tenders for an item of work even before the in-principle approval from the NITI Aayog.
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One has to be vigilant… PPP will survive if users are happy
First of all, when we talk about a project, it is not only about the project but the risks associated with it. When it is an Indian investor, the risks are lesser in nature. However, a foreign investor comes in looking at a lot of other risk factors as well.
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There is no explicit government guarantee but we are hundred percent government owned
It-ĆĀ¦s a very relevant point since $1 trillion is required for infrastructure spending as estimated by the 12th Five Year Plan and you need long-term low-cost funds. Clearly, the major supplier of those, the public sector banks historically, are not going to be able to fill this requirement.
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Geocycle for a zero-waste future
Waste poses a major societal challenge in the world today. However it is a challenge that can be solved with innovative thinking. At Geocycle, we believe in minimising and re-purposing waste in the most sustainable and responsible manner possible and work towards a zero-waste future leading to a better world.
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Hybrid modes of implementation
The Central government approved Smart Cities Mission involves the development of one hundred smart cities in India. One of the most important elements of smart city infrastructure is economical and environment friendly mass scale rapid public transport system.