Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy
Tag: Narendra Modi
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CCEA approves empowerment of MoRTH
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, gave its approval to the Ministry of Road Transport and Highways
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PM on boosting Indo-Japan ties
Prime Minister Narendra Modi has called for greater people-to-people contact for expansion of ties between India and Japan.
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$9 bn ADB loan to India over 3 years
Asian Development Bank (ADB) will provide $7-9 billion loan to India over the next three years. Besides, it will also provide about $30 million for technical assistance grants
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PM to review key infra projects
Secretaries of the ministries concerned will brief Prime Minister Narendra Modi once a month on key infrastructure projects. Projects under review include high-speed rail freight corridors,
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Govt to develop 5 airports
The Civil Aviation Ministry will start the development of five no-frills airports and award management contracts of four airports to private operators in the current financial year.
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The big fix
Working at a breakneck speed to kickstart the economy, the Narendra Modi-led BJP Government is looking to give a big boost to the infrastructure sector. And in one of the first few steps to achieve that, the new Government has cleared seven projects worth Rs 21,000 crore, recently.
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A Partner In Progress
If one was to think of the three most pressing problems and areas where solutions are needed, one could sum them up as IIM: Inflation, Infrastructure, Manufacturing. To hit the ground running you need to steer around areas which need tweaking.
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Major changes in rail sector
Railway Minister DV Sadananda Gowda intends to bring major changes in the railway sector and he would focus on the 'four S': safety, service, security and speed. PM Narendra Modi has already proposed bringing in speed trains and bullet trains, he said.
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Winds of change
This period of lull before the national election is an unfortunate reality that the industry must deal with, with no end in sight to the prevalent cloudiness around the fate and status of the more than 150 post-clearance projects