The Planning Commission is looking at standardising three processes it has developed while working on the 12th Plan, so that the new Commission that would take over after the elections can continue using them.
Category: ECONOMY & POLICY
Post
Post
CCEA approves modification of food processing infra
The Cabinet Committee on Economic Affairs (CCEA) has approved modifications in the Mega Food Park Scheme guidelines of infrastructure development for food processing. These modifications are envisaged to streamline the implementation of the scheme while retaining its basic nature.
Post
EIL stake sale
An Empowered Group of Ministers (EoGM) approved the sale of a 10 per cent stake in Engineers India (EIL) through a follow-on public offer (FPO) by the government, which may fetch the exchequer Rs 500 crore. The government plans to disinvest 3.36 crore EIL shares, with up to 5 per cent of the offer reserved for employees. The government plans to raise Rs 40,000 crore by way of disinvestment in the current financial year.
Post
PMG mandate to be widened
Investors want the mandate of Project Monitoring Group (PMG) widened to ensure timely decisions on their investments. At a conference, Anil Singh, Senior Vice-President and Managing Director, DP World, enquired if the mandate of PMG would also be widened to look into FDI already made in the port sector.
Post
Greenko commissions wind farm
Greenko Group commissioned a 50-MW wind farm in Anantapur district of Andhra Pradesh.
The wind farm was built with an outlay of EUR 43 million using Gamesa´s G97 turbines and has a capacity to deliver better performance in an average year. With this, the company´s total installing power generating portfolio has increased to 476 MW.
Post
PMG clears hurdles in 84 mega projects
The Project Monitoring Group (PMG), attached to the Cabinet Secretariat, sorted out problems for some 84 mega projects totalling Rs 3.71 lakh crore investments in the past seven months since the inception of the group.
Post
Cold chains need cluster development
Ravichandran Purushothaman cites a success story in Tamil Nadu to explain why there is a need for cluster-based models in India to conserve food wastage and improve farmer profitability.
Post
Will FDI in retail help?
Indian retail is booming, with its organised sector estimated to reach new heights in coming years. What does this strong growth, coupled with FDI in multi-brand retail, mean for one of the biggest bottlenecks in the supply chain?
Post
Plan Bangalore 2025
The concern about Bangalore's megacity status is its infrastructure. The industry is garnering government support to a "totality" plan worth Rs 2.5 lakh crore over the next 11 years.
Post
Corridor of inclusive growth
The government in Karnataka has been considering various proposals-including the Global Investment Meets-that have promised much to the industry. But in reality, not much has happened from the government and the industry.