Lack of proper policy for aircraft maintenance, repair and overhaul (MRO) is hampering the development of the sector in the country, reports indicate. India is said to be having tremendous growth prospect in the MRO segment and hence industry body ASSOCHAM called for streamlining of taxes to encourage aviat
Author: admin (Infratructure Today)
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Ahluwalia bats for govt penalty if approval delayed
Planning Commission Deputy Chairman Montek Singh Ahluwalia proposed that the government must pay penalty in case of delay in granting statutory clearances to infrastructure projects. This will create an incentive not to delay clearance, he said while addressing a Ficci conference. Several infrastructure projects in the country are delayed because of lack of statutory clearances like envir
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Reveal the names of top heads of Air Asia India: Govt
The Union Civil Aviation Ministry last week realised that the promoters of the new airline AirAsia India has not provided names and nationalities of the Chairman, Chief Operating Officer, Chief Executive Officer and Chief Financial Officer of the proposed airline. The Ministry has received application from AirAsia for obtaining an initial No-Objection Certificate. AirAsia plans to set up its Indian unit in partnership with Tata Sons and Telestra Tradeplace
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Govt suspends gold imports, exports from SEZs
The Union government has partially suspended pure gold imports and exports from special economic zones (SEZs), alarmed at the rampant diversion of the duty-free yellow metal to domestic markets. SEZs are allowed duty-free imports as opposed to a maximum of 6 per cent charged on imports by other entities.
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Railways needs to be more proactive: Experts
Rail modernisation requires technology, and much of this is already available today in the private sector. The Railways has identified several investment areas for private players.
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Technology can play an important role in improving throughput
Railways needs to create capacity along its arterial routes viz, the Golden Quadrilateral and diagonals as well as augment capacity on rail links serving ports, industrial hubs and to existing and new mining areas,
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Rail modernisation: Changing tracks
The Expert Group on Modernisation of Indian Railways submitted its recommendations to the government a year ago, and the Central Government has taken some significant steps in its Rail Budget 2013-14
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Strengthen indigenous capabilities
If India becomes self-reliant in railway technology, it will have multiple effect including reduction in the equipment cost, easy availability of technology for upgradation of existing assets and in turn Indian Railways will be able to reduce the freight rates,
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Political delays have made industry cautious
As India embarks on an overhaul and expansion of its passenger and freight transportation network, we look forward to being its key partner in the ever-changing railway scene.
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Stainless steel: Applications in Railways
Stainless steel consumption in the railway sector has been gaining steadily, on account of its duraÃÂbility, higher strength-to-weight ratio, aesÃÂthetics and corrosion resistance qualities.