India needs to almost double its annual spending on infrastructure at USD 200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday.
Rajnath Singh arrived in Visakhapatnam by a special aircraft on Saturday and held a meeting with the chief minister and officials of the state and district administration. He also reviewed the progress of infrastructure projects, a government release said.
However, it is said the number of delayed projects decreases to 300 if the delay is calculated on the basis of the latest schedule of completion.
The company in a regulatory filing said it will be "challenging" for the management to prepare the financial statements owing to the proposed divestment and restructuring of its group companies, among other reasons.
Maharashtra Chief Minister Devendra Fadnavis Wednesday said the state government would seek a legal opinion on creating a framework for hearing litigations against the projects costing over Rs 100 crore.
Ramesh claimed that eight per cent deaths during 2000-2015 were due to pollution-related ailments, but did not comment on the current pollution crisis in Delhi and the measures taken by the government to combat the effect.
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above.
The umbrella scheme Border Infrastructure and Management containing 60 projects and with an outlay of Rs 8,606 crore has been approved.
During April-May this fiscal, the eight core industries recorded a growth of 4.1 per cent as against 3.3 per cent in the same period last year.
The growth rate of eight core sectors, which also include fertilisers and steel, was 2.6 per cent in April 2017, according to the data released by the commerce and industry ministry today.
The basic excise duty on unbranded petrol was slashed by Rs 2 from Rs 6.48 per litre and on branded petrol from Rs 7.66 per litre.
While what comes out of Arun Jaitley’s briefcase remains suspense till February 1, here is what the common man expects from the upcoming budget.
The corridor is being laid at a cost of Rs 30,358 crore and scheduled for completion by 2020.
Eight core sectors grew to a six-month high of 5.2 per cent in September, helped by a robust performance in coal, natural gas and refinery segments, official data showed on Tuesday.
The programme includes the Bharatmala scheme, under which 34,800 km of highways would be constructed at the cost of Rs 5.35 lakh crore.
This is the Modi government's biggest highway expansion and development plan. 70 per cent of its cost will be borne through government funding.
Prime Minister Narendra Modi arrived in his Lok Sabha constituency Varanasi on a two-day visit, his first since BJP's stellar win in the UP Assembly elections
India has good prospects of achieving over 8 per cent growth within 2-3 years, Niti Aayog said on Thursday, while suggesting a host of reforms to ensure prosperity for all the 125 crore citizens
The move marks a shift from the existing procedure that bars state government entities from borrowing directly from external agencies
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