The government has dropped a proposal to create three funds worth Rs.17,500 crore for promoting production of telecom equipment in the country as it can be covered under the Electronic Development Fund, Parliament has been informed.
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Panel begins work on preparing blueprint for refinery exports
An expert panel has begun work on drafting a blueprint for raising India´s oil refining capacity by 2040 with a view to not just meet demands of the fast expanding economy, but also to capture the export market. The 12-member Working Group for preparing an Approach Paper for enhancing refining capacity by 2040 held its first meeting on June 27, officials said.
Hybrid modes of implementation
The Central government approved Smart Cities Mission involves the development of one hundred smart cities in India. One of the most important elements of smart city infrastructure is economical and environment friendly mass scale rapid public transport system.