Finance Minister Pranab Mukherjee has suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed.
Tag: July
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Mangalore port box handling crosses 10k TEUs
The container handling at New Mangalore Port Trust (NMPT) crossed 10,000 TEUs mark in the first 75 days of the current financial year as against 8,917 TEUs in the corresponding period of the previous fiscal, recording a growth of 13 per cent.
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Mundra may be largest port by 2013
As Kolkata Port hopes to grab a share of exim cargo from the JN Port, it is more likely to face competition from other newer ports on the Western coast-Pipavav and Mundra.
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Govt aid for Uttarakhand road development
The Ministry of Rural Development has released graĂÂnt in aid worth Rs 155.22 crore for construction of rural roads in Uttarakhand under Pradhan Mantri Gram Sadak Yojana (PMGSY).
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India, Mozambique to cooperate on maritime security
India and Mozambique have agreed to work together on the issue of maritime secĂÂurity so as to make Indian Ocean a safe region for mariĂÂtime trade.
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Karnataka to add power capacity
Karnataka is planning to add 1,600 MW of generating capacity by the end of the current financial year.
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APP: set up EGoM on coal contracts
The Association of Power Producers (APP) has demanded setting up of an empowered grĂÂoup of ministers (EGoM) to reĂÂview the current bidding conĂÂtracts in view of the coal shortage.
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Urban infra projects on slow track
With the 11th Five Year Plan is coming to an end, not a single big infrastructure project out of 73 proposals approved by the Centre under JNNURM and Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT) has been completed by the government.
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FICCI for reserve price method in project bidding
The Federation of Indian Chambers of Commerce and Industry (FICCI) wants the government to add reserve prĂÂice concept as a parameter in the bidding processes for infrastructure projects instead of opting purely for lowest cost bids.
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WB may not renew Mumbai contract
The World Bank seems reluctant to renew a contract for backing the first phase of the Mumbai Urban Transport Project (MUTP).