The Government is continuously taking steps to boost industrial growth including infrastructure sector which includes putting in place a policy framework to create conducive business environment, strengthening infrastructure network and ensuring availability of required inputs. Foreign Direct Investment (FDI) policy and procedures have been simplified and liberalised progressively. The Government has also taken up a series of measures to ...
Read More »Infrastructure
Shri Gadkari Seeks Cooperation and Innovation from Industry Leaders for Reducing Road Accidents
Union Minister of Road Transport and Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari has said that road safety is a matter of national concern, and only active cooperation of all stakeholders can reduce the number of road accidents and related fatalities in the country. Inaugurating a Workshop with Industries on Road Safety in New Delhi ...
Read More »Laying of New Railway Lines
Indian Railways is laying New Lines every year. Targets and progress in the last five years is as under: S.N Item 2013-14 2014-15 2015-16 2016-17 2017-18 1 Target (km) 300 300 500 400 402 2 Achievement(km) 360 380 813 953 354.4 (Feb’ 18) State-wise achievements are as under. SN States Progress of Completion of New Line ...
Read More »60% of Total Passenger carrying coaches fitted with Bio-Toilets
Approximately 60% of the total passenger carrying coaches over Indian Railways have been installed with bio-toilets. The earlier plan to fit bio-toilets in the entire fleet of coaches by the year 2021-22 has been advanced to 2019 in the Budget 2017-18. A list of some of the trains having coaches equipped with bio-toilets is given below:- Zonal Railways Trains Central 22135/36 ...
Read More »Highway Projects
Fourteen hundred seventy sanctioned projects amounting to Rs. 432538 Crore having length 44108 km are under construction which includes seventy-one projects amounting to Rs.21042 Crore having length 1647 km in the state of Kerala and West Bengal. Three hundred forty-three projects are facing problems in timely completion of projects. These projects are likely to be completed by Dec 2020. In ...
Read More »Financial Assistance Policy for Shipyards
Financial Assistance Policy for Shipyards The Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a question in Lok Sabha today that the Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026. Under this scheme financial assistance equal ...
Read More »2,45,348 Beneficiaries Assisted for Setting up Individual & Group Micro Enterprises so far: Hardeep Puri
Shri Hardeep Puri, Minister of State (I/C) for Housing & Urban Affairs has informed that till December 2017 a total of 2,45,348 beneficiaries have been assisted under DAY-NULM for setting up individual/ group micro enterprises. He was chairing the fourth meeting of the Governing Council of Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) here today. Shri Durga Shankar ...
Read More »Investment on Highways
The Cabinet has accorded approval to the investment proposal for the umbrella highway sector programme Bharatmala Pariyojana (BMP) Phase I on 24.10.2017 for development/upgradation of 34,800 km of National Highways (NHs) with an outlay of Rs.5,35,000 crore for over a five year period i.e. from 2017-18 to 2021-22. In addition, 48,877 kms of projects under other ongoing schemes like NH(O), ...
Read More »Infrastructure status to affordable housing to ensure lower borrowing rates, tax concessions & increased flow of Foreign & Private Capital : Hardeep Puri
In order to promote affordable housing, the government has made several efforts to create enabling environment and eco-system.Towards such an end, the Government has granted infrastructure status to affordable housing which will enable these projects to avail the associated benefits such as lower borrowing rates, tax concessionsand increased flow of foreign and private capital. The announcements were also made pertaining to the affordable ...
Read More »Railway’s Capex for the year 2018-19 Pegged at Rs.1,48,528 Crore
In keeping with the Government’s focus on strengthening the Railways network in the country the General Budget 2018-19 has enhanced the allocation for the Ministry. Presenting the Budget in the Parliament here today, the Union Minister for Finance & Corporate Affairs, Shri Arun Jaitley said that Railways’ Capex for the year 2018-19 has been pegged at Rs.1,48,528 crore. A large ...
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