Logistics industry has always been an underdog, and has not achieved the much deserved attention yet. The sector is full of potential, but we are still lacking optimal utilisation of resources.
Tag: ministry
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Mines Min propose scrapping export tax on iron pellets
The mines ministry has written to the finance ministry to propose scrapping a 5 per cent export duty on iron ore pellets, Mines Secretary Balvinder Kumar said, adding the government could also look at abolishing duty on low-grade iron ore.
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Transport: Convergence & Connectivity
Lack of funds and investor confidence are two factors that are hurting the infrastructure sector. Efforts are needed to bring back the faith and money in the sector. FICCI´s India Infrastructure Summit 2014 focused on the theme ´Transport sector: Convergence & Connectivity
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Ansals SEZ project
Ansal Properties and Infrastructure has revived its plan to develop a 75-acre IT special economic zone (SEZ) in Greater Noida and will invest about Rs 130 crore over the next three years on construction. The IT SEZ was notified by the Commerce Ministry in 2006.
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Oil Ministry saves 600 litres of fuel by using Metro rail
The Union Petroleum and and Natural Gas Minister Marpadi Veerappa Moily has said that his ministry alone can save about 600 litre of petrol and diesel worth over Rs 40,000 by travelling by public transport. He traveled by the Delhi Metro rail on October 9.
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Finance ministry opposes proposal of oil ministry
In a move that may delay the introduction of shale gas policy, the union petroleum ministry may have to work on a fresh proposal and another round of consultations could take place. This is because the finance ministry opposed the petroleum ministryÂ’s move to allow existing oil and gas explorers to find shale gas in their respective blocks.
The
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Plan panel, ministry differ on draft norm for tariff setting
There seems to be some difference of opinion between the Planning Commission and the union shipping ministry regarding the draft new tariff guidelines for major ports. At a recent meeting with the shipping ministry, the Planning Commission said the reference tariff notified by Tamp will apply only for the first year of the concession perio
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Odisha govt’s resolution does not pass legal scrutiny
Media reports indicate that the Odisha government may withdraw its earlier decision to mandate mine lessees in the state without end-use plants to sell at least 50 per cent of their output to local industries. On December 5, 2012, the steel & mines department notified the resolution to this effect. However, the law department of the state government has not cleared the resolution as it feels the move may not p
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Oil ministry adopts finance ministry’s terms of reference
Reports indicate that the union petroleum ministry adopted the terms of reference proposed by the finance ministry for the committee set up under former Planning Commission member Kirit S Parikh. Originally, the oil ministry had proposed that the committee be asked 'to revisit the current pricing methodology of import parity or trade parity' for petro
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Unions oppose privatisation in port sector
Labour unions in some of the major ports in the country are opposing privatization of cargo-handling activities for fear of losing jobs. India has 12 major ports, which are controlled by the union government. The shipping ministry has planned to implement several port projects on public private partnership (PPP) mode, thereby attracting priva