At Chennai Port, modernisation of the cruise terminal would begin in 2014 at an estimated cost of Rs 22.14 crore. The port has got Rs 8.5 crore from the Union government for development of a cruise tourism facilitation centre. The Ministry of Tourism has identified Chennai port as one of the ports for development of cruise tourism in India.
Tag: Central government
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Govt accords nod to 574 SEZ proposals
In addition to seven Central government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to 574 proposals out of which 391 SEZs presently stand notified.
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JK mulls road projects
Jammu and Kashmir government has proposed 16 vital road projects before the Union government under the centrally sponsored scheme, Central Road Fund (CRF) for 2013-14.
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Regulatory fund for coal
The Central Government would set up a fund called "The Coal Regulatory Authority Fund" to credit all grants, fee and charges received by the authority. After passing of the Coal Regulatory Authority Bill, 2013, details would be worked out and submitted to the
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Govt to set up coal regulatory authority fund
The central government would set up a fund called ĂâThe Coal Regulatory Authority FundĂâ to credit all grants, fee and charges received by the authority. After passing of the Coal Regulatory Authority Bill, 2013, details would be worked out and submitted to the government for appropriate financial sanction for the initial start-up funding, a government press release said. The government said this in a press release after the cabinet cleared the proposal for setting up of an independent regulatory
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J&K gets grant for rural roads
Rural road projects in Jammu and Kashmir (J&K) received a grant of Rs 710 crore from the Central Government. The grant would enable completion of Pradhan Mantri Gram Sadak Yojana (PMGSY) projects, which are delayed because of issues in land acquisition.
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Rail modernisation: Changing tracks
The Expert Group on Modernisation of Indian Railways submitted its recommendations to the government a year ago, and the Central Government has taken some significant steps in its Rail Budget 2013-14
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Hyd Metro’s non-ticket revenues to contribute 50%
Hyderabad's 72-km Metro Rail project is based on a revenue model of 50 per cent from passenger fares, 45 per cent from property development and 5 per cent from advertisement and other miscellaneous sources. The Rs 14,132-crore project, being implemented under the public, private partnership mode by concessionaire L&T, has a viability gap funding from the Central Government to the tune of Rs 1,458 crore while the remaining Rs 12,674 crore is being raised by L&T, which has already achieved financi
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TN gets World Bank’s aid for road project
For the second phase of Tamil Nadu Road Sector Project, the State government has obtained approval of the World Bank and the Central government, said Finance Minister O Panneerselvam, while presenting the State budget for 2013-14 in Chennai on March 21. Under this project, a total of 1,678 km of roads will be strengthened and widened.
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Kushinagar airport project
The Central Government, which plans to build an international airport at Kushinagar, in Uttar Pradesh, under the public-private partnership (PPP) model at an estimated cost of Rs 354 crore, received 15 technical bids.