Expressing hope of a turnaround in the economy, Finance Minister P Chidambaram hinted that the government would unleash more reforms in the second half of the year. He said this while interacting with media persons on the sidelines of the performance report release function on the fourth anniversary of UPA-II
Category: ECONOMY & POLICY
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Land acquisition hurdle delays customs post project
There is a delay in the upgradation of the land customs station at Petrapole, West Bengal, which accounts for more than half of the bilateral trade between India and Bangladesh, owing to impediments in land acquisition. The check post will offer customs and other clearances required to export goods and will reduce the time taken for the movement of cross-border consignments. This information was given by Amit Kumar Roy, commissioner of customs (preventive) at a Bengal National Chamber of Commerc
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PCMC prepares DPR for effluent treatment plant
Pimpri Chinchwad Municipal Corporation (PCMC) is preparing detailed project reports (DPR) for construction of a common effluent treatment plant for 2,500 small industries in Maharashtra Industrial Development Corporation areas. This is part of a slew of civic amenity projects planned by the corporation. They include preparation of a city sanitation plan with provision for construction of toile
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Odisha govt uses GIS to prepare master plan of 31 cities
Odisha Chief Minister Naveen Patnaik informed at a conference that the state government was making use of the Geographical Information System (GIS) to prepare a Master Plan of 31 cities and towns in the state. It may be noted that master plans enable preparation and implementation of different schemes in a town. A Comprehensive Development Plan is also required for town planning and to provide basic infrastructure to
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Andhra govt sets up panel to process RAY
In order to implement the Rajiv Awas Yojana, the Andhra Pradesh government set up a state-level nodal agency (SLNA), Mission for Elimination of Poverty in Municipal Areas (MEPMA). Various Urban local bodies in the state are submitting the detailed project reports (DPRs) under the scheme to MEPMA. The state government also set up a DPR Appraisal Committee headed by commissioner and director of muni
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Centre offers loan to Nhava-Sewri sea link project
In Mumbai, the Rs 9,630-crore sea link project to connect peninsular Mumbai with Navi Mumbai has moved a step closer to reality with the Centre offering a loan to the project's developer to cover any financial shortfall. Delayed by at least 10 years, work on the Nhava-Sewri sea link project, also known as Mumbai trans harbour link (MTHL), is now expected to start by the year-end or early next year.
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Users expect overcapacity from proposed projects
Exporters and importers, who use major ports, wonder whether the setting up of two container terminals, one each in the Chennai Port and Ennore Port (EPL) would create overcapacity. It may be noted that EPL is in the process of setting up a container terminal in two phases. The first phase costing over Rs 1,270 crore will have a capacity to handSources from the district administration of Jagtsinghpur in Odisha informed that only 70 acre of land is left to be acquired for the proposed 8 mn tpa gr
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Gujarat govt finalising slum rehab policy
Gujarat government is finalising the proposed Slum Development Policy 2013, which aims to promote development of organized housing for urban slum dwellers by both private sector and state agencies. The government is working on the incentives to be provided for private developers, along with subsidy for carrying out slum rehabilitation projects. Private developers will be offered greater FSI (floor space index) as a
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PCMC expects BRTS project to be ready by Aug 2014
By August 2014, the Pimpri Chinchwad Municipal Corporation (PCMC) aims to complete four of its Bus Rapid Transit System (BRTS) projects in phases. It may be recalled that the civic body is developing four BRTS corridors, one along the Pune-Mumbai highway, the second on Aundh-Ravet, the third on Wakad-Nashik Phata and the fourth on Kalewadi Phata-Dehu Alandi road
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Kerala govt addresses hurdles in Vizhinjam project
Kerala Chief Minister Oommen Chandy said that the state government was sorting out several obstacles including getting environmental clearance for the Vizhinjam International Seaport project. He said this while denying the allegation that the state government was trying to delay the project. He further informed that the state government set a time line for each proc