Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of ĂâMake in IndiaĂâ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
Tag: Government of India
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Cabinet approves creation of GST Council
Create one post of Additional Secretary to the GST Council in the GST Council Secretariat (at the level of Additional Secretary to the Government of India), and four posts of Commissioner in the GST Council Secretariat (at the level of Joint Secretary to the Government of India).
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Centre to be 50% shareholder in multimodal hubs
The Government of India will be a 50 per cent share-ĂÂĄholder in the proposed multimodal logistics hub and the multimodal transport hub, which are part of the Delhi-Mumbai Industrial Corridor (DMIC) project at Greater Noida.
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KG-D6 | RIL hit by $380 mn additional penalty
The government has slapped an additional penalty of $380 million on Reliance Industries and its partners for producing less than targeted natural gas from the eastern offshore KG-D6 fields.
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Bihar gets its first SCADA-DMS Project Control Centre
The SCADA-DMS Project for Patna city undertaken by Schneider Electric (SE) has been inaugurated by Nitish Kumar, Chief Minister, Bihar. The SCADA-DMS Project is undertaking power monitoring, control and modernisation of the Patna electric distribution network.
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Cochin Shipyard signs MoU with Govt
Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with the Government of India for the financial year 2016-17.
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NHAI is executing nearly 205 highway projects
The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.
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We are mechanising all our mines for better turnaround time
The Ministry of Coal (MoC) is targeting coal production of 1.5 billion tonnes. Of this one billion tonnes will come from Coal India Limited (CIL) and the remaining 500 million tonnes will come from non-CIL sources, particularly from the mines that are presently being auctioned or allocated to non-Coal India entities.
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Revisiting Dispute Resolution Mechanisms
The private sector brings with it the benefit of private funding of the projects and efficiency of operations. Ă´Public-Private PartnershipĂ´ (PPP) has been a relatively flourishing model for infrastructure development in India.
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Developers will be able to get rid of their excess baggage
We are almost there both with REIT and InvIT. They have been in the pipeline for quite some time. The government has taken the initiative to come out with proper SEBI regulations, which itself is the very first step towards REITs and InvITs.