The estimated cost of the metrino is Rs 50 crore per km and each pod can accommodate three to four persons, Megha Manchanda/Business Standard reports from New Delhi.
The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.
Move to accelerate investments; Japan to have a share in corpus
'India can learn from Sweden that witnessed just one accident last year.'
Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
China sees India and Japan's 'North East Road Network Connectivity Improvement Project' as a challenge to its OBOR, says Rajaram Panda.
The total allocation for the road sector has been Rs 97,000 crore.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
The formal notification of handing over the case to the NIA is expected to be issued by the ministry soon, an official privy to the development said.
The stir by Kapu community members seeking reservation under Backward Class category turned violent today with agitators setting four coaches of Ratnachal Express on fire.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.
'People should realise that what we are fighting for today is actually for tomorrow, for future generations.'
The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Modi govt must bring about reforms to kick-start big-ticket infra projects.
The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.
Experts say Prabhu displays a clear intent of reforms but has not been able to fully shake-up the mammoth railway system.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
Gujarat police has lodged two separate complaints against Aam Aadmi Party chief Arvind Kejriwal's convoy in connection with alleged non-payment of toll tax during his 'fact finding' tour in the state last week.
Higher disposable incomes, rural push and infra push to boost auto sector
Nearly two decades ago, then defence minister George Fernandes said: 'China has built roads up to the border, while there has been negligence on India's part.' Since Fernandes uttered these brave words, what has been done on the Indian side? The Modi Sarkar is apparently trying, but little has been achieved so far, says Claude Arpi.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
'If the Chinese military gets hold of some western sectors on the India-China boundary, it will give them added military advantage.'
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
The four accused were shot dead on NH-44 near Hyderabad -- the same highway-- where the charred body of a 27-year-old veterinarian was found.
If the Opposition has any chance at the prime minister's job, it can happen only if they all stop dropping names and work at the grassroots-level, state-wise, suggests N Sathiya Moorthy.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
India, World Bank ink $375 mn deal to help develop country's first waterway
Govt keen to revive business sentiment in india.
Sensex, Nifty under pressure on weak global cues.
The higher the tax bracket, better the yields for these instruments
'It is possible elements within the Pakistani establishment felt bad about eating humble pie and wanted to avenge the humiliation through a terror attack.' 'After all, lodging an FIR in Pakistan about the Pathankot attack amounted to an admission of Pakistani involvement,' says Rajeev Sharma.
Repeated spells of rain pushed traffic out of gear, leading to snarls that would give anyone a nightmare.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
Temple priest performed a 'purification' ritual for an hour before the doors were opened again.
