Tag: Government of India

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National Conclave on Smart Technologies

International experts on technologies and smart cities along with urban development officials from across India - constituting 600 cities, covering the100 smart cities and 500 AMRUT cities - came together at the Hyderabad International Convention Centre to participate in the National Conclave on Smart Technologies.

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Piping hot

Piping hot

During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.

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Govt to set up PCPIRs

Govt to set up PCPIRs

The Government of India has approved setting up four Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) in the states of Andhra Pradesh (Vishakhapatnam - Kakinada), Gujarat (Dahej), Odisha (Paradeep) and Tamil Nadu (Cuddalore - Nagapattinam) which are estimated to attract investments of around Rs 7.63 lakh crore and provide employment to around 33.96 lakh people.

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NBCC bags order worth Rs.2.31 bn

NBCC bags order worth Rs.2.31 bn

National Buildings Construction Corporation (NBCC)has secured project management and consultancy (PMC) business of Rs 2.31 billion from IIT, Roorkee. Earlier, the company has been entrusted PMGSY works valued at Rs 12.37 billion in Odisha

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Govt announces National Manufacturing Policy

Govt announces National Manufacturing Policy

The Government of India has announced the National Manufacturing Policy on November 4, 2011 with the objective of enhancing the share of manufacturing in GDP to 25 per cent and creating 100 million jobs over a decade or so, said the Union Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.

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Govt awards Rs 13,185 cr transmission projects to pvt cos

Govt awards Rs 13,185 cr transmission projects to pvt cos

The Union Minister of State for Power Jyotiraditya M. Scindia has stated that the power transmission sector was opened up for private sector participation through mandatory competitive bidding with certain exemptions as per Tariff Policy notified by Government of India on January 6 in 2006 and the Gazette notification on July 8 July in 2011.

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Profits of major ports decline, Govt to cut manpower

Profits of major ports decline, Govt to cut manpower

Taking note of reduction in the profits of its 12 major ports in the country, the government of India has taken several steps to reduce costs. As a cost cutting measure, the Centre wants to reduce surplus manpower through the Voluntary Retirement Scheme (VRS). The Union Shipping Minister GK Vasan said this in the Lok Sabha recently. Profit of major ports declined by about 30 per cent to Rs 1,220.61 crore in 2012-13 over the previous fiscal, Vasan said in a written reply to the Lok Sabha.

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Govt divests stake in NTPC

Govt divests stake in NTPC

Government of India has divested 9.5 per cent stake of National Thermal Power Corporation (NTPC) through Offer for Sale (OFS) mechanism. After the completion of OFS on February 11, governmentÂ’s equity holding in NTPC has now come down from 84.50 per cent to 75.00 per cent, said the Union Minister of State for Power Jyotiraditya M. Scindia in a written reply in the Rajya Sabha recently.