During the 12th Five Year Plan, the Union Cabinet Committee on Economic Affairs has approved the launching of a new Integrated Processing Development Scheme (IPDS) with a total cost of Rs 500 crore and to establish four to six brown field projects and three to five green field projects addressing the environmental issues faced by textile processing units.
Tag: Union Cabinet Committee on Economic Affairs
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Rescheduling for road projects cleared
The Union Cabinet Committee on Economic Affairs (CCEA) has cleared premium rescheduling of road projects (means, postponement of premium payments by highway developers) and referred the matter to a panel for fine-tuning. The move could help infrastructure majors such as GMR and GVK whose projects were facing delays on account of high premium.
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CCEA likely to consider Rs 2,500 cr worth Maha road projects
Two proposals of highways in Maharashtra are to be taken up by the Union Cabinet Committee on Economic Affairs (CCEA) very soon. The two proposed highways involve a cost of Rs 2,500 crore.
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Rs 2,029 cr for 4-laning of Kaithal-Rajasthan border h’way
The Union Cabinet Committee on Economic Affairs has given its approval for four-laning of the Kaithal Rajasthan border section of National Highway-152/65 in Haryana under the National Highways Development Project (NHDP) Phase IV, on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis in Build-Operate-Transfer (BOT) (Toll) mode of delivery.
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Now, Road Ministry can okay projects upto Rs 500 cr
The Union Cabinet Committee on Economic Affairs has approved the proposal to delegate powers for appraisal and approval of national highways projects of upto Rs 500 crore to the Ministry of Road Transport & Highways.
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Nod to develop 471 km highways at Rs 4,618 cr
Four proposals to widen a total of 471 km of highways have been approved by the Union Cabinet Committee on Economic Affairs. The proposed road works require an investment of Rs 4,618 crore. The projects are Jabalpur-Bhopal in Madhya Pradesh, Demow-Bogibil, Jorhat-Demow and Numaligarh-Jorhat.
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Nod to 4-laning of Demow-Bogibil junction in Assam
The Union Cabinet Committee on Economic Affairs has given its approval for the four-laning of the Demow-Bogibil junction section of National Highway-37 in Assam under the Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The project is on Design, Build, Finance, Operate and Transfer (DBFOT) basis in Build-Operate-Transfer (BOT) (Annuity) mode of delivery.