Union Minister of Commerce & Industry and Railways, Piyush Goyal has called upon the Indian industry to focus on improving quality and productivity.
The Government think-tank NITI Aayog and Quality Council of India (QCI) on Wednesday launched the ‘National Programme and Project Management Policy Framework’ (NPMPF), envisaged to bring radical reforms in the way infrastructure projects are executed in India.
Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.
Even as political opposition continues for the bullet train project from states like Maharashtra and Gujarat, Union Railways Minister Piyush Goyal remains optimistic and does not see "any stress" in getting the land for the ambitious high speed rail (HSR) project, primarily on the increased compensation that the Government is offering.
NALCO has dedicated 100.80 MW of wind power plants to the Nation. Jual Oram, Minister for Tribal Affairs and Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, were present on the occasion at Bhubaneswar, Odisha.
The government has garnered about Rs 2,638 crore from buyback of shares of state-run Coal India Ltd, Parliament has been informed. CIL has bought back Â“7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity shares.