Media reports indicate that the government would publish the final draft guidelines on tariff setting by ports in the country after it receives the clearance from Shipping Minister GK Vasan. The final draft guidelines allows the Tariff Authority for Major Ports (TAMP) to notify first a port-wise reference rate for various commodities. TAMP will set the reference tariff that will typically be the highest prevailing rate set on the basis of guidelines fram
Tag: Policy
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Maharashtra govt frames new PPP policy
The urban development department of the Maharashtra government framed a new policy in order to address issues, such as settling of claims and risk-sharing, arising out of delays in PPP (public private partnership) projects projects. The draft policy has been forwarded to the finance department for modifications. The policy was framed in order to rule out the possibility of disputes at a later stag
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Govt must take into account key issues in shale gas
As the government is about to announce shale gas policy, experts highlighted some of the issues that must be considered while allowing exploration and production of the fuel. Shale gas and oil are produced from rock formations using "fracking" technology. This injects water and sand at high pressure into wells drilled horiz
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Competition may deepen in port sector
Industry experts feel that the extent of competition in the port sector in India may deepen and broaden further on completion of the ongoing port projects. Major ports in India are facing very keen competition from the neighbouring non-major ports, both in respect of quality of services and in price, they argue
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TN govt’s solar project yet to take off as clarity eludes
Lack of clarity on the implementation of incentives provided by the Tamil Nadu government affected the installation of rooftop solar power systems in households and industrial and commercial buildings. While the solar policy mandates industries and commercial entities to procure 6 percent of their power from solar sources, there has been no official com
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Minister hints at more reforms in coming months
Expressing hope of a turnaround in the economy, Finance Minister P Chidambaram hinted that the government would unleash more reforms in the second half of the year. He said this while interacting with media persons on the sidelines of the performance report release function on the fourth anniversary of UPA-II
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CCI probes cartelisation in petrol pricing
Anti-trust watchdog Competition Commission of India (CCI) has reportedly started probing the alleged cartelisation in the price of petrol in the domestic market by state-run oil marketing companies (OMCs). Suspicion of cartelisation in petrol pricing arose as state-run OMCs usually reduce or hike price of the fuel in unison. The Director General, the investigation arm of the CCI is investigating the matter
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Govt considers proposals of LPG distributors
Reports indicate that the government is considering the proposals of liquefied petroleum gas (LPG) distributors seeking key changes on the proposed distribution policy. During a recent presentation to the union petroleum and natural gas ministry, the distributors called for raising the present ceiling for refill sales by 50 percent. The distributors argue that the existing ceiling on refills is ba
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Govt clears land pooling policy for Delhi
The government approved the modification regarding Land Pooling Policy in Master Plan Delhi 2021 (MPD-2021). This information was given by the Minister of State for Urban Development Deepa Dasmunsi in a written reply to a question in Lok Sabha recently
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Proposed aviation policy to improve Indian aviation infra
There is some progress in the Union government's move to being in a policy to set up aviation hubs in the country with the Prime Minister Manmohan Singh recently setting up an inter-ministerial committee. The aim of the committee is to iron out inter-ministerial differences over the proposed policy. The polity's objective is to improve civil aviation infrastructure outside the four Indian metro cities.