The Union government has advised the States to take certain financial measures like slashing VAT on jet fuel up-¡lifted by airlines and underwriting of some seats to encourage aviation growth.
Tag: infrastructure
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Techno-social audit of infra projects in Punjab begins
The Punjab government has started preparations to initiate a techno-social audit of all infrastructure projects in the state to bring more transparency in the implementation of such projects.
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CCEA approves empowerment of MoRTH
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, gave its approval to the Ministry of Road Transport and Highways
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GMR Infra, JBIC sign MoU for infra sector
GMR Infrastructure has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC)
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Hinduja Group to invest in infra projects
Hinduja Group is planning to invest $10 billion in unfinished power plants and infrastructure projects in India that have been languishing as non-performing assets with banks.
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VOC Port to increase port capacity
The V.O. Chidambaranar Port management has initiated a number of schemes for the inner harbour development to increase the existing capacity of the port here from 42.06 million tonne to 85.49 million tonne by 2017, S Anantha Chandra Bose, Chairman of the Port, said.
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Air travel in smaller cities to take off
The Union Civil Aviation Minister Ashok Gajapathi Pusapati Raju said his ministry is focusing on improving air connectivity in the country. The ministry has cleared six proposals allowing them to launch airlines after getting the requisite approvals.
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Good Neighbours
India and China have drawn up massive plans for infrastructure upgradation. There are a number of areas where the neighbours can collaborate for a win-win situation. The road is set as China has shown keen interest in participating
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development
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Join Hands, Boost Cooperation in Infrastructure
Liu Guoyu, Commercial Counsellor of the Chinese Consulate in Mumbai, outlines the measures that India and China can take to boost their partnership in the infrastructure domain for a mutually beneficial relationship.