Maharashtra Chief Minister Devendra Fadnavis in principle agreed to appoint Maharashtra State Road Development Corporation (MSRDC) as the special planning authority at places where it has large land parcels.
Category: Roads & Highways
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Mah Govt scraps Rs.60 cr rural infra projects
Maharashtra state rural development department has shelved infrastructure projects costing Rs 60 crore in the hinterland. The construction of roads, drains and other basic amenities in rural areas at the zilla parishad-level were proposed by elected representatives under a special projects scheme between September 4 and 6 last year.
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Longest elevated national highway in NCR
Uttar Pradesh Chief Minister Akhilesh Yadav announced in his recent budget speech that IndiaĂ´s longest elevated national highway will be constructed in NCR. The six-lane elevated national highway will be constructed in Ghaziabad, that will ease traffic between Delhi and Meerut.
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Nepal asks India to halt road project
Nepal has urged India to stop the construction of road parallel to the Nepal-India border as it could trigger floods on the Nepali side during rainy season
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Bangalore Metro to chug through tunnel
Though Namma Metro is preparing for a June-launch of services between Magadi Road and Mysore Road on the East-West Corridor, for the first time in the history of the Bengaluru Metro project, Bangalore Metro Rail Corporation (BMRCL) will run a train through a tunnel on March 12.
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Tax-free infra bonds for railways & roads
Moving ahead with NDA GovernmentĂ´s focus on building infrastructure, Finance Minister Arun Jaitley in his budget speech announced introduction of tax-free infra bonds for railways and roads.Ă´We have increased the budgetary allocation to roads & railways,Ă´ said Jaitley.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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ThereĂ´s a need to create a pool of professionals
The focus should heavily be on skilling, re-skilling and up-skilling of labour resources. In order to grow and make campaigns like Ă´Make in IndiaĂ´ a success, the industry needs access to talent that is Ă´job readyĂ´-talent that needs minimal or no training when recruited for a particular role.
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The new government has made the right noises
Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.
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Land Acquisition Ordinance: Legality & impact on infra
The amended Land Acquisition, Rehabilitation and Resettlement Act, 2013, will help shorten project timelines and drive development, feels the business community.