Nagaland Commissioner and Secretary Home and Works & Housing Temjen Toy, on August 1 admitted that the works and housing (Roads & Bridges) department has not been able to maintain roads due to financial and other factors but at the same time, reminded public of their role in extending cooperation for the greater interest of all.
Author: admin (Infratructure Today)
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Minister questions delay in Panipat-Jalandhar road project
Union Information and Broadcasting Minister Manish Tewari on August 1 questioned the inordinate and unexplained delay in completion of the six-laning project of the Panipat-Jalandhar national highway, which is the main cause of tragic accidents leading to many deaths. In a statement issued here, Tewari said most of the accidents along this stretch were taking place primarily because of incomplete roads.
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Rain exposes quality of road works in Hubli
In Hubli, the recent rains have made the lives of vehicle-users and pedestrians miserable, thanks to the severe beating several roads have taken. Major roads in the city have either caved in or developed huge potholes, because of the poor quality of repair works.
The Hubli-Dharwad Municipal Corporation (HDMC) undertook road repair works under the Rs 100 crore special grant. It got this grant twice for the development of Hubli-Dharwad twin cities, of which, Rs 64 crore had been spent on repairin
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Work on new bridge in Chennai nearing completion
In Chennai, the Anna Nagar link road project, which has been making a tardy progress over the past four years, finally seems to be heading towards completion with the construction of the bridge across the Uyyakondan river reaching the finishing stages. The link road will be completed in the next three months, sources said. The civic body has drawn much flak, from residents and the elected representatives over the execution of the project which has been progressing in fits and starts since 2009.
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Haryana seeks Centre’s nod for 4 new road projects
For four new mega projects of road network and sewerage system for Faridabad, the Haryana government has sought Centre's nod. The project work
is involving an estimated cost of Rs 495.13 crore. The approval has been sought under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). This was informed in second meeting of State-level Steering Committee on JNNURM chaired by Chief Minister Bhupinder Singh Hooda in Chandigarh on August 1.
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Govt eyes Rs 3,750 cr via 10 per cent stake sale in Indian Oil
The Union government, which holds 78.92 per cent stake in Indian Oil Corporation (IOC), will sell 10 per cent stake in IOC. Through the stake sale the government expects to garner around Rs 3,750 crore to the exchequer at the current market price. The Union Cabinet on August 1 cleared the proposal in this regard. At current market price, the sale of 10 per cent stake or 19.16 crore shares would fetch the government Rs 3,750 crore. The disinvestment department of the government has already select
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Govt to raise Rs 350 cr via stake sale in NLC
The Union government's 3.56 per cent stake sale of Neyveli Lignite Corporation (NLC) through the institutional placement route was scheduled to hit the markets on August 2 and is expected to fetch around Rs 350 crore to the exchequer. The government is selling 3.56 per cent stake or over 5.58 crore shares in NLC through an institutional placement programme (IPP) in which the Tamil Nadu based state entities would be given preference while allotment of shares.
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J&K govt to set up new cement plant in Khrew
To capture local market share for cement, the Jammu and Kashmir government will set up a cement plant with 1000 tonne per day capacity. The Government on July 31 decided to set up one more 1000 tonne per day cement plant in public sector over 12 hectares at the existing J&K Cements plant at Khrew in Pulwama, an official concerned said.
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Govt relaxes policy on FDI in multi-branded retail trade
The Union government on August 1 approved the amendment or relaxation of the foreign direct investment (FDI) policy on multi-brand retail trading (MBRT), by easing main contentious riders on such money. These three riders, added as conditions to last yearĆās decision to open FDI in this segment, were on a mandatory 30 per cent sourcing from small domestic industries, 50 per cent of the investment to be in back-end infrastructure and outlets to be opened only in cities with population of more than
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Coast Guard adds 4th Dornier to its aircraft fleet
To enhance its maritime surveillance capability over the coastal region in West Bengal and Odisha, the Indian Coast Guard (ICG) North East Region on July 31 inducted a fourth Dornier aircraft under its operational air enclave in Kolkata. This is the fourth Dornier aircraft to be inducted into the enclave operated by the 700 Squadron of the Indian Coast Guard (ICG). The enclave operates from the Netaji Subhas International Airport in Kolkata. This was the first ICG air squadron in the country.