Railway minister Suresh Prabhu dedicated the Rail Budget to the Ă´aam aadmi,Ă´ saying that there would be a turnaround of the Railways in the next five years. The Lok Sabha recently passed the demand of grants for the Railways. Ă´The Rail Budget has kept the aam aadmi in its focus.
Tag: Lok Sabha
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Delays, cost overruns plague infrastructure projects
Four out of every 10 Central Government infrastructure projects are running behind schedule or have overshot original cost estimates, providing evidence of the heavy toll taken on project execution by delayed regulatory approvals, financial constraints and stalled land acquisition.
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16 years delay in Kashmir rail project
The Udhampur-Srinagar-Baramulla railway project has been delayed by over 16 years, which would result in cost overrun of Rs 17,065 crore, Parliament was informed recently.
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Need to amend old laws on ports: Nitin Gadkari
The Government will bring a new legislation to replace outdated laws relating to ports as part of efforts to ensure that regulations keep pace with time, Union Minister for Shipping and Roads Nitin Gadkari said.
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Shipbuilding sector wants infra status
The Government has received several critical suggestions from different stakeholders to promote the local shipbuilding industry, which includes grant of infrastructure status, financial assistance and tax sops, Parliament was informed.
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Seeking Stable Ground
From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.
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Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
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Only 4 road projects need environment clearance: Govt
The Union Minister of State in the Ministry of Road Transport and Highways Sarvey Sathyanarayana has recently said in the Lok Sabha that there are only four road projects for which formal Environment Clearance are awaited.
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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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Govt to expand Bhilai Steel Plant at Rs 17,266 cr
The Bhilai Steel Plant's turnover for the last April-September period is Rs 8,406 crore and the Profit Before Tax (PBT) earned by the company is Rs 940 crore, said the Union Minister of Steel Beni Prasad Verma in Lok Sabha on December 9. The company is being expanded at Rs 17,266 crore, he added.