In a move that would add 42 million tonne capacity to Tuticorin port, the union budget 2013-14 announced the Rs 7,500 crore project to set up an outer harbour. The Finance Minister P Chidambaram announced while presenting his eighth budget on February 29. The minister also said a new port will come at Andhra Pradesh. Three Southern states including Tamil Nadu, Andhra Prad
Tag: allocation
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Kerala govt rues inadequate allocation for Vizhinjam project
Some ministers of the Kerala government expressed dissatisfaction over the inadequate allocation of funds for the Vizhinjam port in the union budget 2013-14. There is a big setback for Kerala as the Vizhinjam project has been ignored in the budget, whereas Tuticorin port in Tamil Nadu has been earmarked a substantial outla
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Draft steel policy focuses on allocation of captive mines
The National Steel Policy draft envisages further strengthening of the provisions of allocation of captive iron mines to steel producers in a transparent manner through a process of open bidding for all the well prospected mines. By 2025-26, the policy draft, expects the country's stee
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AP CM requests centre to allocate gas
Andhra Pradesh Chief Minister wants union oil ministry to take immediate steps to ensure sufficient natural gas supply to the state and help overcome the power shortage. The chief minister requested Prime Minister Manmohan Singh to direct oil ministry to boost gas supply for the state. He made this request when he met the Prime
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Gujarat govt seeks gas at equal price
During his meeting with Prime Minister Manmohan Singh, Gujarat Chief Minister Narendra Modi demanded provision of natural gas to the state at the same rate as places like Delhi and Mumbai. Both the Gujarat government and the central government are locked in a legal battle on allocation of natu
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Indian Railways cut Rs 47 bn metro transport funding
Indian Railways cancelled the Rs 4,733 crore fund allocated under the metropolitan transport project (MTP) during the Railway Budget 2012-13. The railways cancelled the allocation primarily because allocation exceeded the absorption capacity of metropolitan transport projects located in Hyderabad, Che
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Indian Railways cut Rs 47 bn metro transport funding
Indian Railways cancelled the Rs 4,733 crore fund allocated under the metropolitan transport project (MTP) during the Railway Budget 2012-13. The railways cancelled the allocation primarily because allocation exceeded the absorption capacity of metropolitan transport projects located in Hyderabad, Che
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Experts call for transparency in allocation of mining assets
Experts and industry observers call for a transparent process to allocate mining assets to private players in the wake of a series of irregularities in the mining sector in Odisha, Goa and Karnataka. Whether the mining blocks are allocated by the state government or the central government, the zone of discretion should be minimised, said RV Shahi, a form
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Centre to assert its right to allot coal blocks
In a reply to the Supreme Court, the union coal ministry plans to assert its right to allocate coal blocks under legislations like Coal Mines (Nationalisation) Act, Coal Bearing Areas Acquisition & Development Act. It may be recalled that the apex court recently questioned the centreĆās authority to allocate coal blocks during the hearing of a public interest litigation (PIL) rega
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Coal ministry justifies allocation of blocks to captive miners
Union coal ministry justified the allocation of coal blocks to private captive coal miners on grounds that Coal India and other public sector agencies could not meet the demands from private power generators. Therefore, the government had no alternative but to allot captive coal blocks "if it wanted to ensure spee