Fed up with the travel on Hyderabad roads, experts have suggested the government to call in global experts and build one or two model roads in the city and follow such method of constructing long-lasting roads. As the Greater Hyderabad Municipal Corporation (GHMC) is not following a professional approach for road building and maintenance, and thats why most of the city roads are now in a bad shape, experts like S Nagabhushan Rao, adviser to the World Bank-aided Road Safety Project in Andhra Prad
Tag: government
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Govt striving for allocation of coal blocks: Minister
Union Coal Minister, Sriprakash Jaiswal on August 20 said that the government will make every effort to locate and supply the additional documents required by CBI regarding allocation of coal blocks. Coal Ministry has already handed over 769 files and other documents consisting of more than 1,50,000 pages to CBI.
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Govt to shift locals to pave way for pending project work
West Bengal government decided to shift 35 tenants and eight landlords to makeshift houses at the ground adjacent to Bidyadhari School in Duttabad in order to complete the remaining work on the elevated East-West Metro project. Owing to issue on rehabilitation of residents, the construction of 5.77-km elevated part of the 14.58 km corridor between Howrah Maidan and Nabadiganta Tow
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Govt plans to integrate metro station with ISBT
Delhi government plans to integrate the upcoming Kashmere Gate Metro station with the existing station as well as the inter-state bus terminal (ISBT). For this purpose, the state government decided not to continue with the second phase of renovations of the ISBT. The second phase of the renovations at the ISBT included a hotel and an underground parking lot at the bus
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Ministry allows sovereign funds to invest in tax free bonds
Media reports indicate that the finance ministry allowed sovereign wealth funds to invest in debt instruments floated by state-run companies. It may be noted that the government allowed 13 state-run firms to raise around Rs 48,000 crore by selling tax- free bonds in 2013-14. The fund would be used for infrastructure such as roads, ports and power plants
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RBI to provide Rs 330 bn as dividend to govt
For the accounting year July-June 2012-13, the Board of Reserve Bank of India agreed to provide Rs 33,010 crore as dividend or surplus profit to the government. Market participants expected a dividend payout of Rs 33,000-35,000 crore. The RBI follows a July to June accounting year. In the previous year, it paid a dividend of Rs 1
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RBI to provide Rs 330 bn as dividend to govt
For the accounting year July-June 2012-13, the Board of Reserve Bank of India agreed to provide Rs 33,010 crore as dividend or surplus profit to the government. Market participants expected a dividend payout of Rs 33,000-35,000 crore. The RBI follows a July to June accounting year. In the previous year, it paid a dividend of Rs 1
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Govt preparing study on Delhi-Jaipur Expressway project
The government has is preparing the feasibility study for Delhi-Jaipur Expressway project. It will be too early to state about likely time of completion at this stage. This was stated by Sarvey Sathyanarayana, the Minister of State in the Ministry of Road Transport and Highways in response to a written question in Lok Sabha
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West Bengal govt to rope in pvt sector for infra development
West Bengal government plans to build and improve 4,000 km of highways on public-private partnerships (PPP) mode, the state's Industrial and Investment Policy, 2013 shows. The move is part of the state government's plan to build physical infrastructure in the state rapidly to promote large-scale industries
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Ficci suggests govt to promote R&D
In a statement, industry body Ficci asked government to stick to its commitment for a steady increase in budget outlay for research and development (R&D) and double the current investments over next 5-8 years. The chamber also suggested the government to create an aggressive policy environment for boosting private sector investment in R