UPA government
The prospects of the Varanasi Ring Road Project are apparently set to improve in the near future, with Narendra Modi-led new Government preparing to assume office at the Centre. With ministries and departments scheduled to make their presentations before Modi next week, the National Highway Authority of India (NHAI) headquarters is seeking the current status [...] Continue Reading »
Heavy scoring was done by India Inc on many counts for the past decade or so, under the UPA regime, however the same cannot be said for the hard knocks it gave on the profits. From 2003-04 until 2013-14, without banking and finance in the picture the combined revenues for fortune 500 companies listed under [...] Continue Reading »
Haryana better than Gujarat in terms of business and regulatory environment: Planning Panel official
A senior official has said it was Congress-ruled Haryana, and not Narendra Modi’s Gujarat, which topped a recent Planning Commission-sponsored study that evaluated states over business and regulatory environment. Perhaps hile the Congress is red faced over government-commissioned surveys giving credit to the Gujarat model. Deloitte, which carried out the Planning Commission sponsored study, ranked [...] Continue Reading »
UPA-II is focusing on upcoming elections with a poor performance in the highway development. The government’s target is to construct 20 Kms per day but they were able to develop only 11 Kms per day which is worst performance since 2008-09. The total tally of highway construction till March 31 is calculated at nearly 4, [...] Continue Reading »
An analyst says that the UPA government’s special economic zone (SEZ) scheme whose aim is to create infrastructure to facilitate exports appears to have failed. More than 60 percent of the total land under the SEZs is vacant years after the scheme launched in 2006. Till now the government has notified 389 SEZs. As per [...] Continue Reading »
The highways ministry is getting nervous because the latest land acquisition law could be responsible for increasing the cost of highway construction projects. On one hand, the UPA government claims that the new land acquisition law is its one of the achievement during their current tenure. While on other, projects like the Delhi-Jaipur Expressway being [...] Continue Reading »
New Delhi: The environment ministry will soon decide on a second set of major reforms in the green norms meant for SEZs, roads and the real estate sector, especially multi-storey buildings. Following strong pressure from industry lobbies as well as pressure from within the government to have a more “industry-friendly” green norms, the ministry had [...] Continue Reading »
