-The Economic Times Even as the Centre is desperately trying to accommodate its key ally Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee over National Counter Terrorism Centre (NCTC), the alliance partner is showing no signs of reciprocating the gesture in the crucial highways sector where projects are getting delayed because of tardy land acquisition. National highways Authority of India (NHAI), the main implementing agency for highway development in the...

-PTI   Mamata had said that co-operative banks would not be allowed to attach properties of farmers for loan recovery in cases of default Refinance institution Nabard today said it would oppose any amendment to West Bengal Cooperative Societies Act of, 2006 as suggested recently by state Chief Minister Mamata Banerjee. "If the West Bengal government goes ahead with amending the Act without informing Nabard, then we will oppose it," National Bank for Agriculture...

-The Economic Times   At a time when the highway sector is showing signs of revival, a fresh controversy has come to haunt the road transport and highways ministry, with World Bank demanding a probe into "fraudulent and corrupt" practices by Indian contractors working on highway projects funded by the Bank. World Bank's Institutional Integrity Unit has sent a detailed report to the Department of Economic Affairs under the finance ministry, which has...

-The Times of India   The highways ministry has ordered a probe into alleged corrupt practices used by two private highway developers in three World Bank-funded projects - Lucknow-Muzaffarpur, Grand Trunk Road and the Third National highway Project. highways minister C P Joshi claimed that those found guilty would be held responsible and appropriate action will be taken against them. He said, "We have asked NHAI to investigate and submit the report. We...

-The Economic Times World Bank has said it will extend full financial support to India to help enhance the abysmal level of infrastructural development in the country in the 12th Five Year Plan that begins next fiscal.  The World Bank president Robert B Zoellick, who begins his fifth and last official visit to India on Monday, has expressed intent to discuss innovative methods of financing with Indian leaders during his stay.  "India's needs...