-PTI HYDERABAD: Andhra Pradesh government has decided to seek financial assistance of Rs 1,000 crore from the World Bank for reconstruction works in cyclone-devastated districts of the state. The state cabinet met here today and approved a proposal in this regard, according to Information and Public Relations Minister D K Aruna. Briefing newspersons after the cabinet meet, she said consecutive cyclones in 2009-10 left a trail of destruction in the coastal districts and...
More »SEARCH RESULT
Govt to start new infrastructure projects: PM
-PTI The Government will kick-start a number of new infrastructure projects including 8 new Airports and two new sea-ports in the coming months to boost sluggish economic growth, Prime Minister Manmohan Singh said on Thursday. With economic growth slowing to a decade low of 5 per cent, the Congress-led UPA government has further opened the economy to foreign direct investment and now wants to use investments for returning to high growth...
More »Government plans fresh impetus to 'public-private partnership' to push growth -Yogima Seth Sharma
-The Economics Times NEW DELHI: The government plans to give a fresh impetus to public-private partnership by overhauling the framework for such projects on the basis of a study being undertaken by the Planning Commission, which is likely to submit its recommendations within a month. The move comes after a few big PPP projects in infrastructure sector fell apart while those in the power sector have been struggling to sail through. "We...
More »PMO to award contracts for 17 infrastructure plans -Dipak Kumar Dash
-The Times of India NEW DELHI: The Prime Minister's Office (PMO) is targeting the award of at least 17 big infrastructure projects during this financial year. These include three expressways, Mumbai elevated rail corridor, a major port, greenfield airport in Navi Mumbai, locomotive projects, two ultra-mega power plants and a number of power transmission works. The projects have been identified by key infrastructure ministries. The progress on intermediate steps will be monitored...
More »Bill aimed at averting flood damage turns 38, as states prefer to claim cash bill
-PTI Even as floods play havoc in Uttarakhand, several states have opposed the provisions of a 38-year-old Model Flood Bill aimed at minimising losses to life and property in the natural calamity. The Bill, prepared by the Central Water Commission in 1975, will empower authorities to remove dwellings from flood-prone areas. States such as Bihar, Uttar Pradesh and West Bengal have opposed the draft Bill, saying rehabilitation of people who will be displaced...
More »