The government remains committed to rolling out systemic interventions to ensure the necessary action on the proposed divestment and asset monetisation programmes, says Dr. TV Somanathan, Secretary Expenditure, Ministry of Finance, Government of India. Click here to read more
Tag: Government of India
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DFI to create financing ecosystem for infra projects
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...
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Indian governmentÂ’s Rs 344 bn bonanza for solar sector
The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
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TUV SUD receives accreditation from Quality Council of India
TÃœV SÃœD, the German testing, inspection, training and certification giant, has been accredited by Quality Council of India under the third-party RMC (ready mix concrete) plant certification Scheme to assure quality in operations and processes of RMC Plants in the country.
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Delhi Metro corridor extended from Dilshad Garden to New Bus Adda Ghaziabad
The government has approved the extension of Delhi Metro corridor from Dilshad Garden to New Bus Adda Ghaziabad. The total distance of the extended line will be 9.41 km.
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JICA to fund projects worth Rs 34.20 billion
By constructing the Chennai Peripheral Ring Road (Section 1) and installing Intelligent Transport Systems the city authority aims to meet increasing traffic demands in the cityÂ’s metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.
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Opportunity Foreseen, Albeit Challenges
The metro rail network in India has sharply expanded over the last decade from about 116 km of operational and under implementation network in 2006 to about 425 km of operational and 700 km of under implementation rail network in the country.
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Need an Integrated Logistic Policy
The logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.
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Investment close to Rs.250 billion is expected for ultra-solar park
With Vibrant Gujarat scheduled next year, the government is going all guns blazing to make this summit one of the mega events of the country.
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Nabh Nirmaan: Towards 1 billion air trips
India is one of the fastest growing aviation markets in the world. The traffic growth, in the last three years, has been in the range of 16-18 per cent per annum. India is expected to be amongst the top three aviation markets in 2020 along with the US and China.