Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
To centralise process by setting up special units in each state.
New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.
Rediff reader CK Varma shared these photographs.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
National Highways Authority of India is working on a proposal to scrap the 30 to 35 per cent premium on toll charged on highways that bypass cities.
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
The company, which is bidding for 16 road projects worth Rs 10,000 crore (Rs 100 billion) this year from the National Highways Authority of India under the public-private-partnership model, intends to invest the money in the form of equity to set up special purpose vehicles to execute new road projects.
The Vanchit Bahujan Aghadi has called for the statewide shutdown to protest against the Citizenship (Amendment) Act and the proposed National Register of Citizens. Barring stray incidents of stone pelting and attempt to disrupt road traffic in Mumbai, there was not much impact of the bandh in the metropolis.
Niti Aayog's plan to create a 'New India' in less than four years should invite scepticism, argues T N Ninan.
"After a long search and working 12-14 hours a day for the last 8 days, the Naval teams have located two bus wreckage submerged in water at Mahad," said Defence spokesperson, Rahul Sinha, in a statement.
Mukherjee, a two-time Lok Sabha MP from his father's pocket borough of Jangipur, said he joined the Mamata Banerjee-led party because she has taken a strong stand on this issue.
Nearly 1,000 people have been stranded after heavy unseasonal snowfall have triggered avalanches and roadblocks in Jammu and Kashmir and Uttaranchal areas.
A top police official said that Pakistan is trying to infiltrate terrorists along the LoC in Jammu and Kashmir even during the winters when most of the passes and mountainous areas along the border are covered in heavy snow.
MotorBeam reviews the top-end diesel trim of the compact sedan, which in this Ruby Red colour, looks stylish and sexy.
The COVID-19 lockdown had wreaked havoc on her mental health to such an extent that discus thrower Kamalpreet Kaur had started trying her hand in cricket to handle the psychological toll of the shutdown.
The Manali-Leh National Highway-3 was blocked after heavy rainfall triggered landslide in Himachal Pradesh's Kullu district on Friday.
Police identified the suicide bomber as Adil Ahmed, who officials said joined the Jaish in 2018.
Mueen, who works as an Information Technology manager at Jammu and Kashmir Entrepreneurship Development Institute, Pampore was offering late afternoon prayers with colleagues when three militants entered the campus on Saturday.
According to the local Brass Handicrafts Manufacturers Association (BHMA), some 800,000 people are directly employed in Moradabad's massive brass handicrafts and utensils manufacturing industry, which has some 30,000 small and micro-scale units and a total annual turnover of Rs 10,000 crore. The manufacturers are heavily dependent on export markets such as the US, Canada, Australia and the European Union. And exports account for nearly 70 per cent of their revenues. According to industry insiders, since this year's lockdowns, manufacturing has been at 65 per cent of normal levels.
During the meeting, the leadership of the India Caucus, which is the largest country-specific caucus in the House of Representatives, condemned the violence on January 26 in Delhi.
The National Disaster Response Force, the Air Force and teams of other agencies have been pressed into service and they have so far rescued 214 stranded people. Over 6,200 people in the region have been shifted to safer places. Ten state highways and many roads have also been damaged.
The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh
India has 942 expressways covering a total distance of 1,208.19 kilometres.
The government's predicament is a result of its own doing: That of not ensuring adequate buy-in by the stakeholders before passage of the laws, notes Vivek Gumaste.
'Our boys are very patriotic.' 'They say Bharat Mata Ki Jai and Jai Hind in front of the Chinese.' 'We have never accepted their claims, we are Indians and proud to be Indians.'
The monsoon that hit North India early is continuing to wreak havoc in Uttarakhand.
In a veiled reference to separatists and hardline Hurriyat Conference leaders, Singh also said the security given to people getting funds from Pakistan and its snooping agency Inter-Services Intelligence should be reviewed.
Deaths per million population in the country stand at a very low level of 88, it said. The ministry said 23 states and union territories in the country have a CFR lower than the national average, while 65 per cent of the total deaths so far were recorded in five states.
Terror struck Hyderabad killing 16 people and injuring 83 others tonight when two powerful near simultaneous blasts ripped through a crowded area close to a cluster of bus stands in Dilsukhnagar area.
Modi deplored "the thinking of many political leaders" that projects like roads were not meant for the poor.
The move, if accepted, will help resolve nearly one-third of the 1,200 cases on payments pending in various courts in the country.
Regarding road safety, stricter provisions have been proposed for offences like juvenile driving, driving without licence, dangerous driving, drunken driving, over-speeding and overloading.
The Union government acquired land for widening of an under-construction highway, overruling farmers objections in Rohtak, Haryana.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
Influential Patel community leader Parshottam Rupala, minister in the first Narendra Modi government Mansukh Mandaviya and three-time MP Darshana Jardosh, all from Gujarat, were among those inducted in the Union cabinet on Wednesday.
It is developing ash parks at Varanasi, Raipur, Pune and Cuttack, to make it available to ash-based product manufacturing units at these centres. It recently signed an agreement with NHAI for supply of ash for use in road construction.
'Local support is very important, without it the terror attack couldn't have taken place.' 'Explosives were secured, the IED was manufactured, the boy was brainwashed and converted into a suicide bomber... it takes a lot of planning and hard work.'
Many of the tragedies occurred in the dark, which is when it is cooler to walk, and many people were caught in their sleep. The combination of no traffic and speeding vehicles has led to havoc, endangering the lives of those who found themselves without work or money in the coronavirus-induced lockdown and were frantic to get home, any which way.
