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Author: admin (Infratructure Today)

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Poor compensation affects road plans in Kerala

Poor compensation affects road plans in Kerala

A conference has found that the colonial Land Acquisition Act 1894, poor compensation for evictees and lack of transparency have burdened Kerala’s development, including road widening. The findings of last year’s ‘Infrastructure Conference’ in Kochi, was released in Thiruvananthapuram on November 8 by the State Water Resources Minister PJ Joseph.

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Govt sanctions Rs 8,772 cr to its oil firms

Govt sanctions Rs 8,772 cr to its oil firms

The Union government has sanctioned Rs 8,772 crore cash subsidy to State-owned fuel retailers like Indian Oil Corporation (IOC) to cover for a fourth of the revenue they lost on selling diesel and cooking fuel below cost in September quarter.

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Iran offers discounts to India on oil

Iran offers discounts to India on oil

If India agrees to buy more of its oil Iran has offered discounts on crude oil price and free shipping as well. India has indicated that it may not meet the 11 million tonne oil import target from Iran this year and Tehran is attempting to induce New Delhi to lift more oil.