Web Exclusive Jun 13, 2013 Bangladesh govt refuses access to Chittagong port Bangladesh government refused to allow India to access Chittagong port unless the latter resolves Teesta river issue. Giving access to Chittagong would benefit trade and development in India’s northeast region, as well as to Bangladesh. India had been asking for access to this port for over a decade. An agreement to this effect was supposed to be signed during Prime Minister Manmohan Singh’s visit to the country in September. But this could not happen because West
Web Exclusive Jun 04, 2013 PM to inaugurate Mughal Road on June 25 In Jammu and Kashmir, the Prime Minister Manmohan Singh is scheduled to inaugurate the Mughal Road later this month. However, the work on the historical road project connecting Border Districts of Poonch and Rajouri with Kashmir is not fully complete. The Prime Minister is scheduled to inaugurate the road on June 25.
Web Exclusive Jun 03, 2013 ICCT Vallarpadam to get highway connectivity by 2014 It will take one more year to provide highway connectivity to International Container Transshipment Terminal (ICCT) Vallarpadam in Kochi, which is expected to give a major boost to the country's trade. Despite its strategic importance, the project that was scheduled for completion in early 2010, is now expected to be commissioned by 2014.
Finance Update Jun 01, 2013 PM asks SEBI to support fund flow to infrastructure Securities and Exchange Board of India (SEBI) received a request from Prime Minister Manmohan Singh to promote infra debt funds (IDFs) in order to boost funding to the infrastructure sector.
Policy Update May 24, 2013 Govt offered 17 blocks to PSUs The government offered 17 coal blocks for allocation to government companies and identified six more explored coal blocks to allocate to private sector through competitive bidding. The government said this in its 'Report to the People' released by Prime Minister Manmohan Singh and Congress President Sonia Gandhi on the fourth anniversary of UPA-II
Web Exclusive May 23, 2013 Minister hints at more reforms in coming months 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
Web Exclusive May 23, 2013 PM's secretary tells officials in TN to speed up road projects A week before Prime Minister Manmohan Singh is scheduled to leave for Japan, his principal secretary TKA Nair was in Chennai on May 20 to hold discussions with State and Central government agencies to help speed up high-cost road and bridge projects, especially the Ennore-Manali road improvement project (EMRIP), by the end of the year.
Policy Update May 22, 2013 Govt to set up mechanism for dispute resolution in PPP projects Based on the direction from Prime Minister Manmohan Singh, the Planning Commission will prepare the draft Bill on Dispute Resolution in public contracts in consultation with all stakeholders and ministries. In a first step to improve the institutional arrangement for dispute settlement, Singh asked the panel to prepare a draft bill to put in place a mechanism for
Policy Update May 14, 2013 Proposed aviation policy to improve Indian aviation infra There is some progress in the Union government's move to being in a policy to set up aviation hubs in the country with the Prime Minister Manmohan Singh recently setting up an inter-ministerial committee. The aim of the committee is to iron out inter-ministerial differences over the proposed policy. The polity's objective is to improve civil aviation infrastructure outside the four Indian metro cities.