The Government think-tank NITI Aayog and Quality Council of India (QCI) on Wednesday launched the ‘National Programme and Project Management Policy Framework’ (NPMPF), envisaged to bring radical reforms in the way infrastructure projects are executed in India.
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Tag: Amitabh Kant
Port of Opportunities!
With an outlay of Rs 1,773 for the year 2017û18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.
All Work, Before Play
When in August this year, India sent its largest ever delegation to the Summer Olympic Games held in Rio de Janeiro, Brazil, most expected the country to further improve on its performance over the London edition of the games which had been held four years earlier.
Auto manufacturing will be main driver of ‘Make in India’ initiative
Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of ‘Make in India’ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
´Port investments can add 1.4% to GDP growth´
Investments in setting up ports and large industrial cities near them can help push economic growth by up to 1.4 percentage points, Niti Aayog CEO Amitabh Kant has said.
Make in India Exhibition extravaganza
The first Make In India Week was held in Mumbai and was the biggest ever show of the country´s manufacturing prowess. With a business commitment of Rs.15.20 lakh crore in investments, the Make In India
Instrumental Role
The government has appointed Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion (DIPP), as full-time Chief Executive Officer of NITI Aayog. Kant, who has been helming some of the marquee initiatives of the Narendra Modi Government, will take over the job after his retirement as secretary in February end.
Govt plans to put 98% sectors for FDI
Government is planning to put 98 per cent of sectors, which are open to foreign investments, under the automatic route so that businessmen won´t need to visit the Finance Ministry or ´Udyog Bhavan´ for any approval, a top official said.
The sum & substance
Finance Minister Arun Jaitley, at the recent CII AGM could not resist bringing in the travails of the land law during the address. ´The land law of 2013 is detrimental to rural India,´ he stated in alarm.
Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
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