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Govt may strike a deal on Rs 72,000-cr rapid rail project

Govt may strike a deal on Rs 72,000-cr rapid rail project

India's Rs 72,000-crore rapid rail connectivity project is set to enter the next stage as the Union government and the State governments concerned likely to reach an agreement on cost-sharing of the project. The rapid rail project is to connect Delhi to Panipat (Haryana), Alwar (Rajasthan) and Meerut (Uttar Pradesh).

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Centre asks States to cut VAT on jet fuel to 4%

Centre asks States to cut VAT on jet fuel to 4%

The Union government on September 10 asked State governments to cut value added tax (VAT) on jet fuel to four per cent and ease a major burden on aviation industry in the country. The move comes as Indian airlines posting a combined loss of about Rs 10,000 crore in 2012-13 and a total debt of almost Rs 90,000 crore.

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States’ plea to Centre to up coal, gas supplies

States’ plea to Centre to up coal, gas supplies

State governments have on February 5 requested Union Minister of State for Power (Independent Charge) Jyotiraditya Scindia to take up the issue of inadequate coal supply with the Prime Minister and seek his early intervention. At the 6th Conference of Power Ministers of States and Union Territories in Delhi, power minister of the States expressed concern over fuel uncertainty affecting the power sector.

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States’ plea to Centre to up coal, gas supplies

States’ plea to Centre to up coal, gas supplies

State governments have on February 5 requested Union Minister of State for Power (Independent Charge) Jyotiraditya Scindia to take up the issue of inadequate coal supply with the Prime Minister and seek his early intervention. At the 6th Conference of Power Ministers of States and Union Territories in Delhi, power minister of the States expressed concern over fuel uncertainty affecting the power sector.

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Govt prepares policy for metro rail projects

Govt prepares policy for metro rail projects

In order to aid state governments in drafting their own feasibility reports for metro rail projects, the Central Government has prepared a consolidated policy for such projects.
The consolidated policy focuses on both public-private partnership (PPP) and government funding models. The Central Government would consider the request for funding from the state government for metro rail projects based on the policy. The government earlier planned to implement metro rail projects in 34 cities that ha

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Pune division seeks Rs 2,500 cr for road development

Pune division seeks Rs 2,500 cr for road development

To develop a road network of 24,569 km in Pune division comprising Pune, Satara, Sangli, Solapur and Kolhapur districts the Pune Divisional Commissionerate has sought Rs 2,500 crore from the Centre and the State governments. The commissionerate has also sought around Rs 800 crore for repair of roads.