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.
Tag: Centre
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L&T hopes to win 2 power plant contracts in FY16
Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.
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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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In-principle approval for East-West Corridor
The Centre has approved in principle an East-West Corridor for Arunachal Pradesh to boost economic activities in the state. According to the Chief Minister Nabam Tuki,
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How does the new Land Acquisition Act impact the infrastructure sector?
The subject of land acquisition has been a thorny issue, and Infrastructure Today has been closely following the progress of the legislation that the government has been trying to put in place.
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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
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
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
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
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.