New government
In order to ensure that there is an increase in the number of public-private partnership (PPP) projects in the metro and rapid rail arena, the new Government plans to make the remunerative aspect of investments more lucrative by providing more viability gap funding (VGF). According to sources, the new Government is apparently planning to provide [...] Continue Reading »
With Environment Minister Prakash Javadekar having asserted that delay in green clearances will not be tolerated, the Centre for Science and Environment (CSE) has requested the newly-formed Union Government to set up an independent regulator so as to speed up green clearances. In its request made to the Narendra Modi-led new government on Wednesday, advocacy [...] Continue Reading »
The scheduled meeting between the Union Home Minister and the Secretary of the Public Works Department (PWD) in New Delhi in the coming days will largely involve a discussion about plans for new roads and flyovers. With the new Government headed by prime Minister Narendra Modi having come into power at the Centre, most of [...] Continue Reading »
A Special Investigation Team (SIT) was formed on Tuesday May 27 to black money, money sitting in foreign banks and money laundering issues. This historic decision was taken on the very first meet of the cabinet ministers lead by Shri Narendra Modi. Addressing a press conference, Law and Telecom Minister Ravi Shankar Prasad mentioned that the SIT [...] Continue Reading »
The scrapping of a restraining clause in the airport policy is likely to be proposed by the Civil Aviation Ministry to the Narendra Modi-led new central Government. The clause which the Ministry will request the new Government to scrap underscores the policy of not having an airport within a distance of 150 km of an [...] Continue Reading »
Narendra Modi-led new Government at the Centre will apparently give high priority to roads, railways, ports and several other infrastructure projects; but there will probably be a lot of challenges to be faced. The manifesto of the Bharatiya Janata Party (BJP) had envisaged “all-weather roads” for all villages; and had highlighted its objective to develop [...] Continue Reading »
One of the first sectors which will apparently be the prime focus of the Narendra Modi-led government right at the outset will be the ‘road’ sector. Plans for Rs 12,000-13,000 crore projects have already been readied by the Ministry of Transport and Highways. According to a Ministry official, these projects – which also include the [...] Continue Reading »
In a situation which marked a bonanza of sorts for Narendra Modi-led new Government, the stock prices of Larsen & Toubro (L&T), Axis Bank and other companies in which the government has a stake have witnessed a surge of late. As a result of the increase in stock prices of the mentioned companies, the new [...] Continue Reading »
Realty sector pins high hopes on the Modi Government and has expressed that they can fulfil the dream of ‘’Home for all’’ if their situation is safeguarded. If the real estate industry gets the ‘’Infrastructure Status’’ then as per the Govt. of India rules, they can enjoy the benefits of loans from banks and financial [...] Continue Reading »
Narendra Modi was sworn-in as the 15th Prime Minister of the country on May 26, 2014 in a majestic ceremony in Rashtrapati Bhawan. India Inc. is looking forward to an era where growth will be exponential and more jobs, income and social stability will be a part of every Indian’s life. This swearing in ceremony [...] Continue Reading »
