Assam Chief Minister Tarun Gogoi informed that the proposed metro rail project in Guwahati may cost Rs 14,000 crore and it may be implemented in three phases. It may be noted that recently the union government cleared the proposal for the project and also earmarked
Rs 25 crore for the feasibility study and the preparation of a
Author: admin (Infratructure Today)
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Govt may implement Rs 140 bn metro project in 3 phases
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Karnataka govt to attract FDI
In order to attract Foreign Direct Investment (FDI) into the state, Karnataka government plans to set up four ĆāHelp DesksĆā at Japan, Taiwan, United States of America and Germany. Through the proposed help desks, the government would take initial steps to showcase the state before attracting investments
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Gujarat govt to announce slum rehab policy
Gujarat government has reportedly prepared the slum rehabilitation policy and may announce it at any time, reports indicate. It may be recalled that the state Chief Minister Narendra Modi pl
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Delhi civic bodies to get Rs 50.9 bn from state govt
The three municipal corporations in Delhi received a cumulative allocation of Rs 5,095.25 crore from Delhi government to implement various civic amenities projects during 2013-14. This is a cumulative allocation under various forms such as grant-in-aid, basic tax assignment, compensation against parking fees, share in stamp dutie
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Centre may take a call soon on Jet-Etihad deal
The Union Civil Aviation Ministry is likely to send a note this week to the Cabinet Secretariat, seeking a post-facto approval for the seat-sharing pact between Etihad Airways and Jet Airways where India offered an additional 36,670 seats on flights between the two countries over the next three years. The bilateral agreement was signed on the same day in April when the Jet-Etihad deal was announced.
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Karnataka aims to utilise idle airport infra in state
Karnataka Chief Minister Siddaramaiah has said that the State government is to give a fillip to tourism and improve the air transport network in the state. For this, it will announce a new minor airport policy this year. The policy will help in utilising the existing idle airport infrastructure in the state.
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Rs 1,700 cr Kannur airport to be ready by 2015 end
Kerala's fourth international airport at Kannur would open in December 2015, the State's Excise and Shipping Minister K Babu, who is also in charge of the airport project, said on July 13. Seven companies have been shortlisted in the pre-qualification bid for building the airport, which is coming up in an area of around 2,000 acres and is expected to cost Rs 1,700 crore.
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Madurai to get S’pore, Dubai flight services next year
In Tamil Nadu, Madurai airport will get international connectivity to Singapore and Dubai, which will possibly materialise by next year and the Union Civil Aviation Ministry is working on the same. This was announced by Union Minister of State for Civil Aviation, KC Venugopal at the inauguration of the Virudhunagar - Manamadurai BG section at Aruppukottai on July 14.
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Kuala Namu International Airport to open on July 25
Media reports say that the Kuala Namu International Airport in Medan, North Sumatra, is set to begin operations from July 25, 2013, said Salahuddin Rafi, Airport Director, PT Angkasa Pura II. Garuda Indonesia is likely to take off the first aircraft from the airport. Kuala Namu Airport will be the second largest and busiest airport in Indonesia after the Soekarno-Hatta International Airport in Jakarta and will replace the present Polonia Airport, which is already the fourth busiest airport in th
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Bank of Maharashtra trims base rate by 25 bps
Some public sector banks are reducing their lending rates following the meeting of their chiefs with Finance Minister P Chidambaram. During a recent meeting with the chiefs of state-run banks,
Chidambaram has asked them to reduce lending rates to spur credit growth and thereby reverse investment cycle. Recently, Bank of Maharashtra reduced Ćābase rateĆā by 25 basis points from 10.25 percent to 10.00 percent on mon