Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
During his talks with the chief ministers, Shah sought to know the areas of concern of the states and the sectors they want to open up further from June 1, the official said.
The case relates to alleged money laundering in granting the operational contract of two IRCTC hotels to a private firm.
Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Govt's e-commerce portal asks sellers to specify country origin of products. Now, the commerce & industry ministry has mandated that the Government e-Marketplace, which has seen Rs 55,048 crore worth of transactions till now, adopt this approach in the interest of creating an 'Aatmanirbhar Bharat'.
The amount constitutes 45 per cent of the railways' total wage bill.
The Central Bureau of Investigation, which had on April 16 filed the chargesheet in the case, had said that there was enough evidence against the accused.
Indian Railways should aim for a quantum growth in traffic. This will require investments in new infrastructure, including 125 capacity expansion works on the shelf, costing about Rs 35,000 crore.
The case pertains to allegations that Lalu Prasad, as railway minister, handed over the maintenance of two hotels run by the IRCTC, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotels, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.
Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.
Did you know that the Indian railways carries 23 million passengers every day?
Since it began commercial operations from October six for six days a week, the train has maintained a tight schedule.
Ferrying migrant workers back to their states would be the largest special service by any railway network in the world in one go. Here's how the transporter manages it.
Visakhapatnam in Andhra Pradesh is India's most tourist friendly railway station. It has an executive lounge, gaming zone, shower facilities, frequently cleaned platforms and effective solid waste management techniques.
Modi government's story of five years with regard to equity allocation for PSUs shows that it may have allowed a large part of its resources to be wasted. This is also a worrying reflection of the government's inability to take hard decisions - whether they pertain to privatisation or forcing weak public-sector banks to wind down their operations, says A K Bhattacharya.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
'People on the wait list will be accommodated for vaccination when the scheduled beneficiaries don't turn up.'
Share your memories of the food you ate on your train journey.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
SC agreed that if they were forced to seek clearances from the ministry of environment and forest, their projects will get delayed
Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.
Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
This is part of the government's move to improve infrastructure.
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
With these launches, the service is now live and available to users at 15 stations across the country.
In addition, both will offer services jointly, subject to financial viability.
Non-scheduled commercial flights are being arranged and this operation will begin from May 7 in a phased manner.
The Budget for 2018-19 has at least five takeaways that are yet to receive adequate attention, says A K Bhattacharya.
The Indian Railways on Wednesday flagged off its newest train a double-decker between Mumbai and Ahmedabad.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.
Special Judge Arun Bharadwaj granted relief to Prasad after he was produced before the court through video conference from a Ranchi jail, where he is lodged in another case, as he was unable to come due to health reasons.
The 27-year-old former deputy chief minister of Bihar appeared before the agency after evading three notices for questioning in connection with the case, CBI sources said.
Travel agents in the IRCTC service have been accused of blocking tickets to sell them at a premium.
Envisioning and implementing a Railway innovation programme needs attitude training and skill impartation, says R Gopalakrishnan.
Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.
Of the thousands of railway bridges in India, 36,470 are more than 100 years old, and 6,680 are more than 140 years old! But of these, only 21 rank on the Heritage Directorate of the Indian Railways because for them heritage isn't necessarily a function of age, says Bibek Debroy.
A Japanese delegation will soon visit India to study the opportunities
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