The decision of the Kerala government to add new staffs to the team of the Kerala Sustainable Urban Development Project (KSUDP) is expected to go against the interest of the project. The new entrants to the project will have to study the entire project from the start and hence completing them within a time-bound manner will not be easy. This woul
Author: admin (Infratructure Today)
Post
Post
Kerala govt allots Rs 80 cr for bridge project
Kerala government allotted Rs 80 crore for the construction of the Edakochi-Kannangattu bridge, the state excise Minister K Babu said at a function on the completion of a Hudco project at Pampayi Moola. He also informed that the state government would conduct tendering process for the bridge project.
Piling has already been started on an experimental basis, the m
Post
IATA asks govts to adopt air passenger protection rules
To make air travel experience better for passengers in case of flight disruption, global airlines body International Air Transport Association (IATA) on June 4 asked governments to consider adopting consumer protection regulations without territorial limitations. IATA chief Tony Tyler said in Cape Town that airlines are aligned with governments in wanting to get their passengers to their destinations on time. But sometimes that is just not possible.
Post
UT govt takes steps for Rs 109 bn metro rail project
The UT administration of Chandigarh is taking steps to implement the 37.57-km metro rail corridor project covering Chandigarh, Panchkula and SAS Nagar. The project, which is estimated to cost Rs 10,900 crore, would be implemented through a special purpose vehicle (SPV). The cost of the project would be shared between the centre, UT administration and governments of Pu
Post
PPP Infra, power projects prone to corruption: UN Body
The United Nations Organisation (UNO) has found that public private partnerships or PPP projects in India's roads and power sectors are most prone to corruption, with private partners' evasion of revenue-share due to the government emerging as the biggest menace. The UN Office on Drugs and Crime (UNODC) has also flagged loopholes in Indian laws' ability to curb such graft, and suggested that private partners in PPPs be designated as public officials to make them accountable under the Right to In
Post
Govt to probe land acquisition for airport project
Karnataka government would probe the allegation of farmers that the Karnataka Industrial Area Development Board (KIADB) allotted part of the land acquired by the board for an airport project to the Deshpande Foundation. KIADB has allegedly acquired over 700 acre land from farmers for the expansion of the Hubli airport while the actual requirement was 600
Post
Kerala govt mulls Rs 20 bn investment proposals
Kerala Urban affairs Minister Manjalamkuzhi Ali informed a gathering that the state government is planning to bring around Rs 2,000 crore investment opportunities through a new initiative in the state. He informed this after inaugurating a discussion on comprehensive development of Kozhikode. He also informed that the state government would showcase five urban development projects in the investors meet in Koch
Post
RBI to extend validity of banking license
Reserve Bank of India (RBI) decided to extend the validity period of the in-principle approval for setting up a banking business from one year to 18 months. The central bank announced this decision in a recent clarification on the draft banking license norms issued some months ago. According to the original norms, the in-principle approval is valid upto 12 months and if the licensee is unab
Post
Bank licensees may set up NOFHC
Reserve Bank of India (RBI) clarified that the prospective bank licensee must set up a non-operative financial holding company (NOFHC). Further, the central bank said if any individual belonging to the promoter group chooses to become a promoter of the NOFHC, he along with his relatives and along
Post
BPCL to export naptha
Bharat Petroleum Corp (BPCL) intends to export 35,000 tonne of low aromatic naphtha for July 5-8 loading from Kochi. For this purpose, the state-run oil marketing company (OMC) has issued tender and invited bids from traders till June 11. Meanwhile, the firm is in the process of importing gasoline
from