Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007.
A summary of sports events and sports persons, who made news on Monday
In a world without politics, time zones would change by an hour for a shift of 15 degrees of longitude. But, of course, political considerations apply, explains Devangshu Datta.
The Union Cabinet will soon take a call on setting up Railway Development Authority of India, an independent regulator, which will decide on passenger and freight rates
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.
The train, operated by the Western Railway, began its journey at 10.32 am from Borivili station in the north of the city to Churchgate in south Mumbai.
Despite these successes, Railway Minister Prabhu has had his share of criticism.
Roundup of Ranji Trophy matched played on Sunday
Investors indulged in profit booking at attractive and higher valuations
A round up of the fourth and final day's action of the Ranji Trophy matches on Sunday.
Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference to announce more stimulus measures to boost growth, she said macro-economic indicators are pointing towards recovery. She noted that COVID-19 active cases have declined from over 10 lakh to 4.89 lakh with case fatality rate (CFR) at 1.47 per cent.
The PMO said mass yoga demonstrations will be organised at 75 iconic locations across the country under the leadership of 75 Union ministers, with Modi attending the exercise at Mysore.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
Ashwani Lohani is presently working as Managing Director of Madhya Pradesh Tourism Development Corporation in Bhopal.
On the parade ground are sons of jawans, farmers, LIC agents, daily wage farm labourers, shopkeepers... all living their moment of triumph; their faces bright with the possibilities that lie ahead.
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
The Centre has asked Andhra Pradesh, Odisha, Tamil Nadu, West Bengal and Andaman and Nicobar Islands to ensure that health facilities are stocked with essential medicines and supplies to meet any exigencies in the wake of Cyclone Yaas which is expected to make a landfall later this month.
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
The cyclone is expected to make landfall on Thursday evening as a 'very severe cyclonic storm' with maximum wind speed reaching up to 150 kilometres per hour, the India Meteorological Department (IMD) said.
Examples of coordinated initiatives.
Seventy two years ago, a newly independent India ventured to hold the the first Asian Games in Delhi with meager resources.
Suresh Prabhu announced ambitious plans.
Why is a Katra-Chennai train known as Andaman Express? Since no capitals are involved, why should a Katihar-New Jalpaiguri train be called Capital Express? What about Matysagandha Express, Padmavati Express or Sanghamitra Express?
'Rohit had so much talent that he would have made it anyhow, under any coach, but I am happy I was able to guide him.'
Flyers have to download the IRCTC Android-based mobile app - IRCTC Air - from Google Playstore to book tickets.
Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The offer received bids for 75.60 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 2.69 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 34.88 crore shares were bid by 1700 hours.
For India, it is business as usual with the government muddling along.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
The national carrier has drawn a blueprint to cut the number of recognised unions in the airline from 15 to two -- one for pilots and another for the rest of the employees.
Relief Commissioner Alok Pandey told reporters that the government is constantly working to ensure that there is no loss of life due to the weather phenomenon.
China is expected to unveil its investments in India during President Xi Jinping's visit to New Delhi, scheduled for the third week of this month.
The reason for digital and IT interventions increasingly being adopted is not just the change in ways commuters move but also the mode on which this transport moves, says Jyoti Mukul.
The main rail and road routes in Andhra Pradesh, connecting the south and east, remained cut off as the Penna river in spate caused heavy destruction on Sunday.
'My brave JCO managed to get to the gun, sit on top of the dead man and fired away at the attacking aircraft till they melted away into the darkness.'
Today, the Ladakhis and Tibetans have been joined by the Sikhs, the Madrassis, the Garhwalis, the Rajputs, who are well trained psychologically and otherwise, to defend the nation, observes Claude Arpi.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Delhi done in by poor batting as Karnataka win by 4 wickets
In terms of longevity, Mithali Raj's 23-year-old international career is also awe-inspiring and rivals Sachin Tendukar's 24-year-run at the top of his game.
Google announced a new Wi-Fi platform called Google Station, a video app called 'YouTube Go' and an offline feature for Chrome web browser and faster loading in Google Play on 2G network
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