-The Economic Times Contracts for building 11,050 kms of roads will be awarded in the current fiscal year involving an estimated investment of Rs 70,000 crore, as per the target set by the Ministry of Road , Transport and Highways . The ambitious road building plans were reviewed by Prime Minister Manmohan Singh today with Road Transport Minister C P Joshi and senior officials of the ministry and the National Highways...
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Independent financial body to beset up to fund self-help groups: Sonia by K Balchand
The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...
More »‘Blacklist non-performing contractors' by K Balchand
A Parliamentary Standing Committee has directed the Union Ministry of Road Transport and Highways to blacklist all non-performing contractors, holding them responsible for the twin malaise of delays and prevalence of corruption in execution of road projects. The committee on transport, tourism and culture headed by Sitaram Yechury (CPI-M), did not rule out the possibility of a nexus among middlemen, bad contractors and corrupt officials for the delay in projects and...
More »Road bounty for villages by Suman K Shrivastava
In a boost to rural road network in the state, the Centre today approved a state government proposal to construct 2,005km of roads with Rs 548.58 crore, and 49 bridges to connect these roads with another Rs 96.09 crore, under the Pradhan Mantri Gram Sadak Yojana (PMGSY). The decision was taken by a high-powered committee set up by the Union rural development ministry to monitor PMGSY. The meeting in New Delhi...
More »Posco India has to comply with CWPRS report: Orissa
Posco India would have to incorporate the suggestions made by the Pune-based Central Water & Power Research Station (CWPRS) in the detailed project report (DPR) for the captive port proposed to be set up at Jatadhari Muhan in Jagatsighpur district. "In 2006, the CWPRS had made a technical study on the impact of the Posco port on the possible threat to the operations of the Paradeep port in 2006 following the...
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