India has described the China's incursion into its land as a 'deep scar.' It is reported that China has reinforced its position across the Line of Actual Control and raised the real prospect of India losing access to 750 sq km in strategically crucial northern Ladakh.
Author: admin (Infratructure Today)
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Noida farmers agree to give land for 8-lane link road
Greater Noida Authority has said that farmers of Devla and Khodna Khurd villages have agreed to part with their land for the eight-lane Noida-Greater Noida link road. The Authority said that the 130 m link road will be ready by July. The Authority will soon begin taking over the land whose acquisition was quashed by Allahabad high court on October 21, 2011.
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ITS expected to make Noida-Greater Noida E’way safer
To monitor and manage traffic flow on the Noida-Greater Noida Expressway, the Noida Authority is stepping up efforts to set up the Rs 15 crore Intelligent Transport System (ITS). Even as the Detailed Project Report (DPR) for the project has been prepared by the consultants, tenders are expected to be floated and finalised in this May.
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NHAI loses Rs 874 cr on project delays: CAG
The National Highways Authority of India (NHAI) has incurred a loss of around Rs 873.85 crore due to delay in completion of port road connectivity (PRC) projects. This was stated by the Comptroller and Auditor General of India (CAG) and it observed this while reviewing the operations of special purpose vehicles (SPVs) formed for implementation of PRC projects that connect major ports.
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Six-laning of Gurgaon-Kotputli stretch on NH-8 delayed
The Union Minister of State for Road Transport and Highways Sarvey Sathyanarayana has said that the six-laning work on Gurgaon-Kotputli stretch on National Highway No 8 has been delayed. The main reasons for delay are due to slow progress during construction by Concessionaire, delay in the land acquisition, delay in Forest Clearance, delay in removal of religious and other structures & additional works in the project scope owing to public representations etc.
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Industry seeks policy boost for aircraft MRO segment
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
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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.