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Infra projects on fast track

Infra projects on fast track

Worried by the looming European economic crisis and the slow progress of some major public sector infrastructure projects worth Rs 30,000 crore, which could impact the already sluggish economic growth, the Government has decided to put them on fast track, by addressing logistical and environmental concerns.

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FM pitches to US investors for infra projects

FM pitches to US investors for infra projects

Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee infor­med the gathering that his government was working tow­ards building a consensus on a number of pending policy iss­ues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy

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Vox Pop: Procurement is now sophisticated, international

Vox Pop: Procurement is now sophisticated, international

Procurement practices are constantly being redefined, yet understanding of technology and competition is still young, say experts.About 60 percent of an Engineering, Procurement, Construction (EPC) project cost goes to procurement. Have you seen an evolution from procurement to supply chain management?

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Extra time for SEZ projects

Extra time for SEZ projects

The government has given more time to as many as 37 special economic zone (SEZ) developers to execute their projects. At a meeting, the Board of Approval (BoA) headed by Commerce Secretary Rahul Khullar also allowed five SEZ developers to surrender their projects

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Draft on new SEZ rules

Draft on new SEZ rules

The Commerce Ministry said there is a need for a relook at the land ceiling rules for Special Economic Zones (SEZs) in view of protests against land acquisitions and it will shortly come out with a draft to bring changes in the SEZ Act of 2005.

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GSPC, BG India for long-term LNG supply

GSPC, BG India for long-term LNG supply

Gujarat State Petroleum Corporation (GSPC) entered into a preliminary agreement with BG India, subsidiary of the BG Group, for the long-term supply of up to 2.5 million tonne per annum (mtpa) of liquefied natural gas (LNG). The agreement will help GSPC bridge the widening demand-supply deficit, both in Gujarat and across India

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Second phase of e-Gram project

Second phase of e-Gram project

The e-Gram project the of Gujarat government, which has so far covered 13,700 villa­ges, is all set to begin its second phase soon. Airtel, which is a partner in the project, has cha­lked out the second phase plan. Of the total over 18,000 villages in the state, 13,700 have already been covered while in the second phase aims at covering the remaining villages.

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Draft telecom security policy

Draft telecom security policy

A telecom security policy mandating that at least 50 per cent of all 'core telecom network equipment' be indigenously developed or manufactured is being proposed.