Having observed the new government´s working and measures taken to boost the economy and push growth, how will this change the scenario as the political party at the Centre galvanises the industry in the short, medium and long term? Infrastructure is one of the top priorities for the Indian government.
Tag: Indian government
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India identifies 73 key roads along China border
For construction of roads along the China border, Indian government has identified as many as 73 roads as strategically important. Out of the 73 roads, 19 roads measuring 440.74 km are in Uttarakhand, Union Defence Minister A K Antony told the Lok Sabha on December 17.
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India to extend 1.5 bn to Bhutan for development works
For various development works in Bhutan, Indian government will provide funds worth Rs 1.5 billion to Bhutanese government. Bhutan's economic body Gross National Happiness Commission on November 13 signed 10 cheques of Rs 1.5 billion with Indian government officials.
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Concessional rate World bank loans to India till 2021
The Indian government is working out a transitional arrangement with the the World Bank to avail loans lower than the market. Now the World Bank would not lend India soft loans to India as the country has graduated into a middle-income country. But it lends loans, till 2021, at higher than its prevailing concessional rates but lower than the market rates.
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India for development of inter-country rail linkages
Indian government is committed to the development of inter-country rail linkages and in furtherance of this policy, it supports the development of Trans-Asian Railway Network, the Union Railway Minister Pawan Kumar Bansal said in Delhi on March 19. This network would provide a major land corridor for transport of people and goods across the frontiers of the member countries, Bansal said while speaking at the 7th meeting of Railways of South and South East Asian Countries.
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India to seek more flying rights from Abu Dhabi
The Union Civil Aviation Minster Ajit Singh has said that the Indian government is in the process of negotiating for more flying rights with the Abu Dhabi government as they have been fully utilised by both sides. At the request of Jet Airways for a code partnership as country's second-largest private carrier is in crucial negotiations with Abu Dhabi-based Etihad Airways for a possible equity deal.
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