-The Hindu In its current form, the Char Dham road project goes against all environmental safeguards The Char Dham road project, inaugurated by Prime Minister Narendra Modi in 2016, is an ambitious attempt to widen nearly 900 kilometres of hill roads at the cost of ₹12,000 crore. The project, which will be executed by the Ministry of Road Transport and Highways (MoRTH), aims to provide all-weather connectivity to the four major shrines...
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Govt aims to increase MSME contribution to 40% of GDP: Nitin Gadkari -Jahnavi Nidumolu
-Livemint.com * The Union minister said that industries in village and Khadi generate as much as Rs.88,000 crore on an annual basis * So that the rural poor are benefited, he said the government's aim is to increase the contribution of the MSME sector to 40% from 30%, stating that there are 6.5 crore units Nitin Gadkari, Union Minister for Micro,Small & Medium Enterprises (MSME) and Road Transport & Highways, has suggested to...
More »Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »SC resolves Char Dham road width issue; order awaited - Jayashree Nandi
-Hindustan Times While the Centre has been arguing for a two-lane highway with seven-metre carriageways, some HPC members contended that such a broad width would be dangerous for the fragile Himalayan ecology because it is highly susceptible to landslides A Supreme Court (SC) bench on Tuesday heard Ravi Chopra, the chairman of the high-powered committee (HPC), which is reviewing the Char Dham highway project in Uttarakhand, and accepted the final report submitted...
More »Adopt a green growth strategy to boost the sluggish automobile sector
Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
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