Under AAI’s new model, a profitable airport will be clubbed with a non-profitable airport

APSEZ will develop the WCT at the Colombo Port in a JV with Japan

April to February cumulative freight data up by year-on-year basis

The govt has identified 400 ports and shipping projects for private sector investment

The Parliament has passed the Major Port Authorities Act, 2021. The bill was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping & Waterways in Rajya Sabha on Wednesday and it was passed.

In the months to come, India can undoubtedly pick a few lessons from China and with appropriate improvisations lead the way to making policy changes that bring in a radical change in the ease of doing business as well as supplying its domestic needs and international demands. By DR. POORNIMA ADVANI

Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the continuation and revamping of the scheme for financial support to public-private partnerships (PPPs) in the infrastructure viability gap funding (VGF) Scheme till 2024-25 with a total outlay of Rs 81 billion.

Ramky Enviro Engineers Ltd and Greater Hyderabad Municipal Corp. (GHMC) have announced the launch of new construction & demolition (C&D) waste recycling plant in Jeedimetla, Hyderabad. The Jeedimetla plant is another step in the company’s efforts to help address the low C&D waste recycling rate.