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Assocham urges govt to support aviation sector

Assocham urges govt to support aviation sector

Industry body ASSOCHAM urged the civil aviation ministry, the Planning Commission and the RBI to work out a joint and a clear mechanism to give a boost to the aviation sector. In a communication to the government, the chamber raised concern that the sector faces policy and regulatory issues besides lack of finance, especially the equit

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Govt mulls SPV for developing coal blocks under PPP

Govt mulls SPV for developing coal blocks under PPP

According to a blueprint prepared by the finance ministry, a special purpose vehicle (SPV) would be created for developing coal blocks in the country on public private participation (PPP) model. The government has identified 10 cluster blocks for development under PPP model and the SPV would be set up for each of these

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Govt takes steps to accelerate award of road projects

Govt takes steps to accelerate award of road projects

The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways

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Govt takes steps to accelerate award of road projects

Govt takes steps to accelerate award of road projects

The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways

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Govt to create 280 mn t cargo handling capacity in FY14

Govt to create 280 mn t cargo handling capacity in FY14

Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis

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Govt to create 280 mn t cargo handling capacity in FY14

Govt to create 280 mn t cargo handling capacity in FY14

Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis

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Action: Bric by bric

Action: Bric by bric

The Cabinet Committee on Investment is moving steadily in the direction of unwinding gridlocks. After the last meeting this month with banks P Chidambaram has initiated them to highlight the funded projects which are stuck due to clearances. The banks have moved with alacrity and their first such meeting took place in Bangalore hosted by Canara Bank

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Action: Bric by bric

Action: Bric by bric

The Cabinet Committee on Investment is moving steadily in the direction of unwinding gridlocks. After the last meeting this month with banks P Chidambaram has initiated them to highlight the funded projects which are stuck due to clearances. The banks have moved with alacrity and their first such meeting took place in Bangalore hosted by Canara Bank