Seeking to attract developers to new construction projects the Union Roads Ministry has proposed easing norms for road builders. The Ministry has sent a note to the Cabinet Committee on Investment suggesting an early exit for road developers.
Tag: Cabinet Committee on Investment
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Minister may hold meeting with PSUs to review investment
Between March 22 and April 22 Finance Minister P Chidambaram may hold a meeting with heads of public sector undertakings (PSUs) to review their capital expenditure plan, reports suggest. During the meeting, the minister may discuss capital expenditure plans of PSUs for the coming financial year and also to prod the private sector to invest more
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Ministries take efforts to clear blocks
Union ministry of defence and the ministry of petroleum are taking efforts to arrive at a workable solution in respect of granting security clearance to the "No Go" blocks, a joint report by the ministries said. Both the ministries are taking efforts keeping in mind the best practices in other countries as well as options for appropriate ring-fencing and a coordinated mech
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Oil ministry seeks speedy nod for 20 blocks
Of the 52 oil and gas blocks which are awaiting clearances from the defence and environment ministries, the oil ministry plans to request Cabinet Committee on Investment (CCI) to expedite nod for 20 offshore exploration blocks. Speedy clearance for these blocks would benefit prospective contractors like RIL, Cairn, BP, BHP Billiton, ONG
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NIB must distinguish infra projects
Political expediency has gained such a powerful grip on cabinet decisions that even valuable ones often tend to be victims of political spin in our mainstream media: News channels and newspapers excitedly report “differences” within the government based on constructively critical notes exchanged between ministries. In the case of the one on the recently proposed National Investment Board (NIB), however, the diffÂerences between the Minister for Environment and Forests, the Finance Minister and t
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