Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
Tag: Roads
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Need to amend old laws on ports: Nitin Gadkari
The Government will bring a new legislation to replace outdated laws relating to ports as part of efforts to ensure that regulations keep pace with time, Union Minister for Shipping and Roads Nitin Gadkari said.
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Goa to get Rs.700 cr infra boost
In a major step to give a boost to the poor infrastructure in Goa, the Chief Minister Laxmikant Parsekar has proposed to increase the budget of the state infrastructure development corporation (GSIDC)-the special purpose vehicle for such projects-to Rs 700 crore which is almost three times of the previous year.
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GIDC to receive Rs.700 crore
Goa government has proposed to increase the budget of the Goa state infrastructure development corporation (GSIDC) to Rs 700 crore which is almost three times of the previous year.
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Mah Govt scraps Rs.60 cr rural infra projects
Maharashtra state rural development department has shelved infrastructure projects costing Rs 60 crore in the hinterland. The construction of roads, drains and other basic amenities in rural areas at the zilla parishad-level were proposed by elected representatives under a special projects scheme between September 4 and 6 last year.
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Tax-free infra bonds for railways & roads
Moving ahead with NDA Government´s focus on building infrastructure, Finance Minister Arun Jaitley in his budget speech announced introduction of tax-free infra bonds for railways and roads.´We have increased the budgetary allocation to roads & railways,´ said Jaitley.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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Process reengineering transforms business
Montecarlo Construction Limited, a major Indian large-scale construction firm, found growth impeded by legacy software. The firm deployed an SAP® Business All-in-One solution for the engineering, construction, and operations industry, reengineering its business processes.
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Javadekar eases green norms for power projects
The Environment Ministry has allowed a major relaxation for faster execution of all ´linear´projects including roads, rail, power transmission lines, water supply lines and laying of optic fibre cables.
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Cabinet clears Land Acquisition ordinance
The Centre has recommended an ordinance to make significant changes to the Land Acquisition Act so as to fast-track projects in key sectors such as power, roads, defence and housing.