For instance, out of the 111 identified National Waterways, 106 were conceived in 2016 alone. An assertive Nutan Guha Biswas, Chairperson, Inland Waterways Authority of India (IWAI) is confident that the statutory agency will continue to exceed its performance in 2018.
Tag: Lok Sabha
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Real-estate players developers welcome GST implementation
Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.
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Government generates Rs 1,748 crore from auction of 31 coal mines
The government has generated revenue of Rs 17,47.70 crore from the auction of 31 coal blocks.
“The revenue generated till January, 2017 from the auction of 31 coal mines is Rs 17,47,72,47,706,” Coal and Power Minister Piyush Goyal said in a written reply to the Lok Sabha.
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Govt gets Rs 1.15 cr for regional air connectivity fund
The government has garnered more than Rs 1.15 crore towards funds for the regional air connectivity scheme, Civil Aviation Minister Ashok Gajapathi Raju has said.
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Peripheral E´way to ease Delhi´s traffic woes
Minister of State for Road Transport and Highways Pon Radhakrishnan has informed the Lok Sabha that to decongest traffic in Delhi, a ´Peripheral´ Expressway in two parts was under implementation.
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Air India posts Rs 246 crore operating loss in April-June quarter
Air India has reported an operational loss of Rs 246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal.
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New Peripheral Expressway to ease Delhi’s traffic woes
Minister of State for Road Transport and Highways Pon Radhakrishnan has informed the Lok Sabha that to decongest traffic in Delhi, a ‘Peripheral’ Expressway in two parts was under implementation.
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Railway stations turn to solar energy
In order to reduce dependence on fossil fuels, the Ministry of Railways has planned to harness 1,000 MW of solar power through developer mode by putting up solar plants on railway buildings/stations and through land-based plants across the country.
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Rs.50,000-cr port projects in pipeline
The Shipping Ministry is overseeing 33 projects worth Rs.32,000 crore, while 45 projects with an investment of around Rs.18,414 crore are under operation, Parliament was informed in late February.
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Insolvency and bankruptcy code: Resolving the NPA crisis
The one thing, which is commonly heard in the corridors of the financial world, is the looming concern as regards the huge NPA that banks are currently saddled with. Long drawn processes pertaining to insolvency has taken a toll on the credit realization in the country.