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Rescue plan for defaulters

Rescue plan for defaulters

The Union Government, plans to re-negotiate contracts worth Rs 99,000 crore with some of the private developers to give them payment concessions, instead of imposing penalties.

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JNPT road project approved

JNPT road project approved

A project to upgrade a road to Jawaharlal Nehru Port (JNPT) in Mumbai has been approved by the Union Government. The road project involves a total expenditure of Rs 1,943.37 crore.

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Centre clears 5 port projects

Centre clears 5 port projects

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.

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Large projects on fast-track

Large projects on fast-track

With an objective to give a big push to the industry in the country, the Union Government has decided to fast-track 17 large projects with total investments of around Rs 4 lakh crore.

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Nod to lease out land for projects at major ports

Nod to lease out land for projects at major ports

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.