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Author: admin (Infratructure Today)

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Roads need immediate repairs in Brajrajnagar area

Roads need immediate repairs in Brajrajnagar area

In Odisha's Brajrajnagar Municipality area commuting during monsoon is a struggle for the residents. Water puddles dot the roads. The condition prevails in the Municipality which was awarded as the best Municipality by the Chief Minister this year. Ironically, Brajrajnagar Municipality was also described as the fast track Municipality.

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Underpass planned at Rs 115 cr at IIT-Delhi on NH 24

Underpass planned at Rs 115 cr at IIT-Delhi on NH 24

To ease traffic on the busy NH 24, the Noida Authority has sent an estimate of Rs 115 crore for a proposed underpass at the crossroads of the highway to IIT-Delhi. Noida Authority has sent an estimate of Rs 115 crore for the planned underpass. Tender proceeding for the underpass will be initiated once the approval from IIT-Delhi come through and the Authority is expecting the approval by September 15.

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Concern over delay in PMGSY road projects in Odisha

Concern over delay in PMGSY road projects in Odisha

In Odisha, implementation of road projects under the Pradhan Mantri Gram Sadak Yojana (PMGSY) are getting delayed and the Union government has expressed concern on the same. The Union government is also worried over the quality of the construction work of the roads under PMGSY. This has been conveyed to the Odisha Chief Minister Naveen Patnaik by the Union Rural Development Minister Jairam Ramesh through a letter.

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Govt to ascertain hoarding allegation against RIL

Govt to ascertain hoarding allegation against RIL

The government is taking steps to ascertain whether Reliance Industries (RIL) hoarded natural gas produced from KG-D6 field in anticipation of higher prices. In this regard, the government plans to appoint a reputed independent consultant. If the consultant feels that RIL hoarded gas in anticipation of higher prices, it wou

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Govt to ascertain hoarding allegation against RIL

Govt to ascertain hoarding allegation against RIL

The government is taking steps to ascertain whether Reliance Industries (RIL) hoarded natural gas produced from KG-D6 field in anticipation of higher prices. In this regard, the government plans to appoint a reputed independent consultant. If the consultant feels that RIL hoarded gas in anticipation of higher prices, it wou

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Govt wooes American investment in infra fund

Govt wooes American investment in infra fund

The Indian government wooed American firms and other entities to invest in infrastructure debt fund (IDF). Recently, Commerce and Industry Minister Anand Sharma discussed the matter with his US counterpart Michael Froman. Specifically, Sharma sought investments from US pension funds and insurance firms in IDF. In June 2013, gove

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Govt wooes American investment in infra fund

Govt wooes American investment in infra fund

The Indian government wooed American firms and other entities to invest in infrastructure debt fund (IDF). Recently, Commerce and Industry Minister Anand Sharma discussed the matter with his US counterpart Michael Froman. Specifically, Sharma sought investments from US pension funds and insurance firms in IDF. In June 2013, gove

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Govt is striving to give CBI all documents in coal blocks case

Govt is striving to give CBI all documents in coal blocks case

The Union Coal Minister Sriprakash Jaiswal has stated in the Rajya Sabha recently that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI. He said that an Inter Ministerial Committee headed by Additional Secretary, Coal has been constituted to locate the documents which are not readily available in

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Rupee weakness puts upward pressure on interest rates

Rupee weakness puts upward pressure on interest rates

Interest rate in India is rising on the back of the steep decline in the value of rupee against the dollar in recent months. Experts feel that the depreciating rupee raises domestic interest rate through three ways. First, in order to discourage speculation in the currency market, Reserve Bank of India (RBI) tightens liquidity and raises shor