For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime Minister's Office.
Tag: government
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Govt urged to decide early on pvt security agencies
For issue of arms licenses on retainership basis to private security agencies the government should come out at the earliest, with guidelines, industry body Federation of Indian Chambers of Commerce & Industry (Ficci) has said.
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Expert Group to advice govt on deesel pricing
The Government had constituted an Expert Group to advice on Pricing Methodology for Diesel, Domestic LPG and PDS Kerosene under the chairmanship of Kirit S Parikh (Former Member, Planning Commission). The Expert Group has submitted the report to the Minister of Petroleum & Natural Gas M Veerappa Moily in Delhi on October 30.
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Panel on highway projects to have five members
The government proposed committee, headed by C Rangarajan, to resolve inter-ministerial differences over the proposal to reschedule premium payments for a clutch of highway projects will have five members, say sources.
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Indo-Tibetan Border Police to get Rs 12.6 bn
Union Minister of State for Home RPN Singh has said that the government is to sanction Rs 12.6 billion for construction activity at Indo-Tibetan Border Police (ITBP) posts at various places. The construction activity includes accommodations for ITBP jawans, the Minister said at the 52nd ITBP Raising Day parade in Delhi.
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Govt-owned power discoms’ losses swell 2.5 times in 3-yrs
The losses of power distributing firms to the government-owned power generating firms have swelled to a mammoth Rs 15,792 crore at the end of last September while last yearÂ’s government promised loss restructuring package for electricity distribution companies is yet to be realised. The swelled sum is a two-and-a-half times jump over total dues of Rs 6,200 crore three years back in June 2010.
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Adani criticises Shipping Ministry over cabotage relaxation to DP World port
Adani Port slams Shipping ministry for allowing cabotage relaxation only to DP world run Vallarpadam Port. The Vallarpadam port had received cabotage relaxation in the year 2012, since then not a single port (including private ports) have not received such facility from the ministry.
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Air India may get Rs 2,500-cr govt-backed loans
Air India is expecting to get sovereign guarantees for Rs 2,500 crore loans from the government next week. The State-run airline has tied up with 8-9 banks to raise the debt, to cover the shortfall in government funding to shore up its finances, sources in the airline firm said.
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Ennore port to run as a corporate firm
As the Ennore port is being run as a company by the government, management of the port will not follow federal shipping ministry guidelines to set rates for cargo services. Last week, the port management informed prospective bidders for a container-loading facility that it will not follow federal shipping ministry guidelines to set rates for cargo services.
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Minister declines to comment on h’way premium rescheduling
Union Road Minister Oscar Fernandes has declined to comment on the government permitting premium rescheduling for highways projects after two days the Cabinet took a decision on permitting premium rescheduling for highways projects.