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Stevedores oppose new policy

Stevedores oppose new policy

The announcement by the Centre to introduce a new stevedoring policy in all government-owned ports to allot permits to stevedores and shore handling agents through bids on revenue sharing basis for cargo handling operations has kicked up a ontroversy.

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Vizhinjam project gets Centre´s VGF

Vizhinjam project gets Centre´s VGF

The proposed Vizhinjam deepwater port and international transhipment terminal in Kerala has become the first to be granted viability gap funding (VGF) by the Centre. A decision to this effect was taken at a meeting of an empowered panel under the Union Finance Ministry recently.

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Core infrastructure posts strongest growth in April

Core infrastructure posts strongest growth in April

Finally, bringing some relief to the Centre the core infrastructure industries have rebounded in the month of April. The surge in infrastructure output from 2.5 per cent in March to 4.2 per cent in April indicates an uptick in the economy.

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Alternate plan to boost Indian shipping

Alternate plan to boost Indian shipping

The Centre has mooted an alternate plan to boost Indian flag bearing liners and offer some benefits that are enjoyed by foreign liners. There are a number of carriers with foreign flags but controlled by Indian operators

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Road-building exercise to be reviewed

Road-building exercise to be reviewed

The roads ministry is looking at a new dispensation at the Centre to overhaul the road-building exercise. Ministry officials, while preparing a wish list for the new government, will seek streamlining the process of land acquisition and clearances from various

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Centre proposes big projects for Seemandhra

Centre proposes big projects for Seemandhra

The Centre, in an effort to assuage the Seemandhra people, following its decision to bifurcate Andhra Pradesh to create Telangana, is pushing for big-ticket projects and other sops keeping in view that Vijayawada may be proposed as the capital of the Seemandhra region.

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UP’s plea for Rs 2,500 cr highways makeover aid

UP’s plea for Rs 2,500 cr highways makeover aid

For maintenance and improvement of its State highways, the Uttar Pradesh government has sought Rs 2,500 crore as assistance from the Centre. The State government has asked Union Road Transport and Highways Ministry to release the required funds immediately.

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