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Panel to formulate guidelines for road projects

Panel to formulate guidelines for road projects

Only guidelines will be formulated by the Rangarajan panel, appointed by the Union government on the premium rescheduling of road projects. The task of implementing the guidelines rests with the National Highways Authority of India (NHAI), say sources in the government.

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Govt to pace up Delhi-Jaipur expressway

Govt to pace up Delhi-Jaipur expressway

The Union government is looking at two options to make the Delhi-Jaipur expressway as a viable project. The Union highways ministry may either allow the developer to collect the toll from the adjacent Delhi-Gurgaon and Gurgaon-Jaipur highway stretches or, the expressway could also be built via the engineering, procurement and construction (EPC) route, using funding from multilateral agencies, if necessary.

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Govt urged to declare coastal shipping policy

Govt urged to declare coastal shipping policy

The Union government has been urged to increase shipping around coastal area and enable hassle-free multi-modal transport. The requisition has been made by industry body Associated Chambers of Commerce and Industry of India (Assocham) and Yes Bank.

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IOC’s roadshows in S’pore, Hong Kong to sell stake

IOC’s roadshows in S’pore, Hong Kong to sell stake

For the sale of its 10 per cent stake in the country's largest oil firm Indian Oil Corp (IOC), the Union government is holding investor meetings this week in Singapore and Hong Kong. The government has already held roadshows in the US and the UK last week for the purpose.

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First oil storage facility to be commissioned in Jan

First oil storage facility to be commissioned in Jan

The Union government is to commission one of its three proposed strategic oil storage facilities in Visakhapatnam next January. This is going to be the country's first such crude oil storage facility. The other two crude oil storage centres are being built at Mangalore and Padur in Karnataka.

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Guidelines soon to ports for pollution mitigation

Guidelines soon to ports for pollution mitigation

The Union government will soon issue guidelines to streamline the process of collection of oil cess which can be then used to assist ports to equip themselves for pollution mitigation, said the Union Minister of Shipping GK Vasan. Steps are also being taken to delegate powers to State Authorities for registration, survey and certification of fishing vessels.

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PMGSY helps to develop rural economy

PMGSY helps to develop rural economy

In the year 2000, the Union government launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) to connect IndiaÂ’s smaller villages to nearby towns, all through the country. The ministry of rural development has been in charge of the scheme, with the Planning Commission playing its usual role.

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Adani Ports seeks more land for its SEZ project

Adani Ports seeks more land for its SEZ project

For its special economic zone (SEZ) at Mundra in Gujarat, Adani Ports and Special Economic Zone is seeking additional land from the Union government. Adani Ports has 6,700 hectares of land that is notified and it has asked the government for another 1,800-1,900 hectares of land, the company said.

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Jalandhar-Amritsar highway to be widened at Rs 524 cr

Jalandhar-Amritsar highway to be widened at Rs 524 cr

For widening of Jalandhar-Amritsar section of National Highway in Punjab, the Union government on November 13 approved Rs 523.85 crore. The highway project will be taken up under the flagship road building programme, National Highways Development Project (NHDP) of the Union government.

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Govt to open 10 new tech parks in one year

Govt to open 10 new tech parks in one year

Within one year, the Union government has a target to set up 10 new software technology parks in the country. The government is also planning to provide marketing support to the companies housed in these tech parks by setting up a dedicated office in the US.