The Union Urban Development Secretary Sudhir Krishna said that the Union government is to make equity investment in Jaipur Metro, which till now, was funded by the state government. The proposal will be put forth Union Cabinet soon, he said without revealing further details.

The Union Government has cleared five port projects in various ports. Four of the five projects are to come up at Chennai Port, Cochin Port, Kandla Port and Haldia Dock Complex in Kolkata.

The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.

The Union government has cleared five port projects in various ports on September 24. Four of the five projects are to come up at Chennai Port, Cochin Port, Kandla Port and Haldia Dock Complex in Kolkata.

Two proposals of highways in Maharashtra are to be taken up by the Union Cabinet Committee on Economic Affairs (CCEA) very soon. The two proposed highways involve a cost of Rs 2,500 crore.

The Union Cabinet may soon bring in a policy for exploration of shale oil and gas, which will initially allow the State-owned companies-ONGC and Oil India to tap the unconventional resource in areas they hold. The shale gas policy was listed on the agenda of the Cabinet Committee on Economic Affairs meeting scheduled shortly.

Road developers who are collecting toll from impending road projects without completing them will be barred to collect such toll by the Union government soon. The government will prevent such road developers from collecting toll if they fail to complete the expansion work within the given period, say media reports.

With the decks cleared for setting up of a second major port in Andhra Pradesh, the state is set to receive a significant boost for its logistics sector. Once the second major port in Prakasham district commissioned, the State will have two major ports, the other being the country’s premier Visakhapatnam Port.

The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.