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Category: ECONOMY & POLICY

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J&K govt to set up new cement plant in Khrew

J&K govt to set up new cement plant in Khrew

To capture local market share for cement, the Jammu and Kashmir government will set up a cement plant with 1000 tonne per day capacity. The Government on July 31 decided to set up one more 1000 tonne per day cement plant in public sector over 12 hectares at the existing J&K Cements plant at Khrew in Pulwama, an official concerned said.

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ECB norm relaxation

ECB norm relaxation

EAfter holding consultation with Indian companies, especially in the infrastructure sector, the government may relax guidelines for accessing funds through external commercial borrowing (ECB).

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DCI plans to spend Rs 19 bn

DCI plans to spend Rs 19 bn

In the 12th Five Year Plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cu m capacity dredgers.

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New definition of control

New definition of control

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Department of Industrial Policy & Promotion for amendment to the existing definition of "control" under the FDI policy.

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Steering Group finalises deadline

Steering Group finalises deadline

A meeting of the Steering Group appointed by the Prime Minister to accelerate infrastructure investment in its first meeting has finalised deadlines with time lines for the intermediate steps for key infrastructure projects.

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Infra projects in North East

Infra projects in North East

Planning Commission was directed to convene a meeting of all the chief ministers of the north-eastern states to expedite key infrastructure projects. The meeting is intended to improve inter-state coordination for speedy completion of the projects.

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BSNL needs Rs 40,000 crore in 5 years

BSNL needs Rs 40,000 crore in 5 years

BSNL in an estimate said that it needs to invest around Rs 40,000 crore in the next five years to become profitable. In order to retain its market share, BSNL is required to provide 182 million connections by 2017-18,