The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle.
Private equity inflows into the countryÂ´s real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by ParliamentÂ´s clearance of two significant legislations - the Real Estate (Regulation and Development) Bill and GST, says a report.
In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.
What has prevailed in the last 1000 years is not going to change in the foreseeable future. Merchant ships will continue to be the major means of trade across the oceans of the world. Warships will continue to provide international maritime security, keeping our sea lanes of communication safe and navigable for calm and peaceful trade.
Smart cities will encourage sustainable development. They will also help to optimise resources, to meet the demands of growing urban populations. These cities would also encourage usage of shared services among different utility functions.
A centralised information system based on GIS (Geographical Information System) provides an IT framework which integrates not only every stakeholder but also every aspect of smart city processes - starting from conceptualisation, planning, and development to maintenance.