The decision was taken at a meeting of the cabinet sub-committee on infrastructure, headed by Chief Minister Vilasrao Deshmukh, at Mantralaya. The Maharashtra State Road Development Corporation would undertake the project by devising a suitable financial model.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
Prime Minister Narendra Modi's ambitions abroad may run the risk of foundering on constraints at home.
'What the price will reveal, since the India specific capabilities haven't changed since 2013, is how much the Modi government padded up the cost,' points out Mohan Guruswamy.
There is a proposal to term forests as areas so notified and not include plantations on private land.
The prime minister's committee on infrastructure has finalised a proposal for restructuring the National Highway Authority of India.
A feature of 'Third World-ism' is lack of accountability. Whether and how the Modi government is held to account politically is a matter for the future, observes T N Ninan.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
Khalistani separatist Chawla, a close aide of terrorist Hafiz Saeed, is part of the committee, which was not acceptable to India.
Under constant attack from his political opponents, the public and the media, he is said to have withdrawn into a shell, says Anita Katyal
Natarajan said she had an unpopular job but she never did anything wrong
The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the Foreign Investment Promotion Board route ensuring management control in the hands of Indian promoters.
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
The Indian government has simplified FDI policy inorder to attract global retail chains.
The Assam cabinet had on December 13 approved a proposal to close down all Madrassas and Sanskrit Tols (schools) however, the legislation brought in the assembly during the day did not contain anything related to the Sanskrit tols and the education minister also did not mention anything about it.
Inviting private sector in Indian Railways is a good idea.
It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.
Delivery of a great operational machine must not get affected to settle political scores, says Air Marshal Anil Chopra (retd).
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
The government on Friday gave wide-ranging legislative powers to the Reserve Bank of India to issue directions to lenders to initiate insolvency proceedings for the recovery of bad loans.
Benchmark indices finished higher on hopes of economic reforms
It is likely to take at least six months for the proposed new state of Telangana to see the light of the day as the move involves a number of steps, including adoption of state re-organisation bill by Parliament by a simple majority.
The nominees are Congresswoman Deb Haaland as Secretary of Interior, Jennifer Granholm as Energy Secretary, Michael Regan as administrator for Environmental Protection Agency and Brenda Mallory as Chair of the Council of the Council on Environmental Quality.
Sibal said the BJP always tries to gain a foothold in states where its presence is limited and afterwards "dumps" its allies.
The airports chosen for operation, management and development through a public-private partnership model are those in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
Officials cited the example of the Sixth Pay Commission.
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
Kamal Nath will need to watch his back because given the slender majority, there is no doubt that the BJP will try to topple his government.
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
All India Congress Committee General Secretary Sanjay Nirupam on Saturday threatened to immolate himself if his demand for reduction in power tariff in Mumbai was not accepted.
Details were not immediately available ahead of a planned government briefing.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
Once the scheme is implemented 70-80 per cent of the freight would move along national highways as against the current 40 per cent, says Highways Minister Nitin Gadkari.
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