The risk identification process identifies and classifies the various risks that could affect an organisation. Its endeavour is to list the risks and the likely impact which can then be tracked all along.
Category: ECONOMY & POLICY
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Assams New indl policy
A new industrial policy is in the offing to enhance the economic development of Assam, said the State Chief Minister Tarun Gogoi. The policy is to be implemented from October, he added. Gogoi said that the Assam government is focusing on employment generation through rapid economic development and industrialisation
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132 solar projects under JNNSM commissioned
Under the Jawaharlal Nehru National Solar Mission (JNNSM), out of a total of 159 grid-connected projects with 1,152 MW, 132 projects of 627 MW capacity have been commissioned within their scheduled commissioning date (SCOD), according to governemnt estimates.
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Maharashtra mulls EPC model
The Maharashtra government considers a proposal to award the Rs 9,360-crore Mumbai Trans Harbor Link project on engineering procurement construction (EPC) model. The state government is considering EPC model after three failed attempts to award it under build-operate-transfer (BOT) route.
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Ministry to expedite clearance for 20 rail projects
Union Ministry of Environment and Forests is coordinating with concerned state governments to expedite forest clearance for 20 railway projects, which are delayed across various zones. Minister of State for Railways Adhir Ranjan Chowdhury said his ministry was pursuing these cases with environment ministry
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The Big 5 Construct India 2013
he Big 5 Construct India 2013 held at the Bombay Exhibition Centre in Mumbai recently drew attention of the construction and infrastructure sector. The event showcases new global products and technologies in product sectors. The Big 5 Construct India 2013 was organised by the Federation of Indian Chambers of Commerce and Industry (FICCI)
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Rs 1,000 cr mega projects are facing delays: Report
According to a report of the Union Ministry of Statistics and Programme Implementation 46.8 per cent (97) of 207 projects classified as mega infrastructure projects costing more than Rs 1,000 crore are facing delays. The data also stated that till May the delayed projects saw a cost overrun of 11.8 per cent from the originally sanctioned Rs 6.99 lakh crore to Rs 7.81 lakh.
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Polavaram dam is for irrigation of Rabi, perennial crops as well
As per the information furnished by the Government of Andhra Pradesh, some Telengana leaders have represented the case related with alternative design of Polavaram Project. The proposal submitted by T. Hanumanth Rao, former Engineer-in-Chief, Andhra Pradesh and UN Consultant was examined by the State Government and found not feasible both technically and economically.
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GAIL India faces delay in pipeline project
The 900 km gas pipeline project of GAIL India is facing delay because of land acquisition issue in Kerala and Tamil Nadu. It is learnt that GAIL has so far completed only 30 km of the pipeline. GAIL India is constructing a 505 km pipeline through Kerala, 310 km through Tamilnadu and 85 km through Karnataka
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Current Account Deficit will be at 3.7% of GDP: Govt
The Union Finance Minister P Chidambaram has recently told the Parliament that his Ministry has taken several measures to ensure the Current Account Deficit (CAD) be fully and safely financed in the current year. If the CAD is contained at $70.0 billion, it will amount to 3.7 per cent of GDP (as against 4.8 per cent in 2012-13), Chidambaram said.