In 2013-14, the Indian economy may expand 5.8 per cent and in 2014-15 it may grow 6.3 per cent, Naoyuki Shinohara, Deputy Managing Director of the IMF said. This compares to an average growth rate of 8.7 per cent for the five years prior to the global financial crisis, he said
Tag: infrastructure
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Andhra CM clears Rs 12 bn worth road projects
Andhra Pradesh Chief Minister N Kiran Kumar Reddy cleared Rs 1,200 crore worth road projects in and around Hyderabad at a recent official-level meeting. The Rs 1,200 crore project involves development of 16 radial roads with a combined length of 195 km to connect the inner ring road and outer ring road in the city
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IMF deputy head expects 5.8% economic growth
In 2013-14, the Indian economy may expand 5.8 per cent and in 2014-15 it may grow 6.3 per cent, Naoyuki Shinohara, Deputy Managing Director of the IMF said. This compares to an average growth rate of 8.7 per cent for the five years prior to the global financial crisis, he said
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ADB commits $10 bn for projects in India
Takehiko Nakao, the new President of the Asian Development Bank (ADB) informed that the multilateral lending agency would maintain its annual lending at $10 billion (Rs 54,000 crore) to India over the next three years. He said this to media persons at the end of the ADB's 46th annual meeting in New Delhi. He also informed that the bank was facing resource constraints and it wou
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Nashik division of PWD executes construction works
The north division of the Public Works Department (PWD) of the Maharashtra government is undertaking construction of roads, bridges, hospital buildings and other civic infrastructure projects. The division, which is headed by executive engineer Satish Chikhlikar, was allocated an annual sum of Rs 40 crore in 2012-13. Among the various projects undertaken by the division are the construction of Kadwa bridge on Pimpalgaon-Dindori Roa
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Nashik division of PWD executes construction works
The north division of the Public Works Department (PWD) of the Maharashtra government is undertaking construction of roads, bridges, hospital buildings and other civic infrastructure projects. The division, which is headed by executive engineer Satish Chikhlikar, was allocated an annual sum of Rs 40 crore in 2012-13. Among the various projects undertaken by the division are the construction of Kadwa bridge on Pimpalgaon-Dindori Roa
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Council adopts National Water Policy 2012
National Water Resources Council adopted the National Water Policy (2012) after examining the suggestions of the state governments. This information was given by Union Water Resources Minister Harish Rawat in the Rajya Sabha recently. During the sixth Meeting of the National Water Resources Council, held on December 28, 2012 at New Delh
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Govt to upgrade roads under PMGSY phase II
The union government decided to upgrade the roads already built for village connectivity under the Pradhan Mantri Gramin Sadak Yojna (PMGSY) phase I. The roads would be upgraded under the phase II of the ambitious scheme. Meanwhile, the centre will continue the pending work on the phase I of PMGSY. The union cabinet recently cleared the plan of the Rural Development Minister Jairam Ramesh to introduce the
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Govt to upgrade roads under PMGSY phase II
The union government decided to upgrade the roads already built for village connectivity under the Pradhan Mantri Gramin Sadak Yojna (PMGSY) phase I. The roads would be upgraded under the phase II of the ambitious scheme. Meanwhile, the centre will continue the pending work on the phase I of PMGSY. The union cabinet recently cleared the plan of the Rural Development Minister Jairam Ramesh to introduce the
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Delhi architects plan road project
Delhi-based Ashok B Lall architects designed the Aap Ki Sadak project to pedestrianize and provide last-mile connectivity in some parts of Malviya Nagar. The project is funded by the Shakti Sustainable Energy Foundation, started in March last year. The foundation has taken the views of residents over the last few months and developed a number of models for mak