Land ordinance has done away with consent and social impact assessment.
Siddaramaiah announces free LGP gas, universal health scheme in budget
The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said. Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days. "The Cabinet has in-principle approved implementation of BharatNet in 16 states in a public private partnership model with total expense of Rs 29,430 crore.
'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'
'If some measures are implemented quickly, they can help revive growth.'
India is better positioned to face external shocks emanating from increasing geopolitical tensions, the aftermath of the COVID pandemic and the inevitability of climate change, Reserve Bank Deputy Governor Michael Debabrata Patra said on Monday. Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks." He was speaking at a conference on 'Growth And Development in the BRICS Economies' organised by the Delhi School of Economics (DSE) and the Indian Statistical Institute (ISI).
The government plans to establish 30 mega food-parks in different parts of the country through the public-private partnership (PPP)-route and special purpose vehicle modes.The public-private partnership route or special purpose vehicle mode would be adopted for these parks, he added. The centre planned to set up the parks from this year on, he said.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
The government was going in the "wrong direction" and it was "highly condemnable" that it did not discuss the proposed changes with trade unions and other stakeholders, says BMS, trade union arm of the RSS.
The centres will be set up under a pilot project on PPP (public-private partnership) mode across the country, principal advisor (skill development mission) of Planning Commission Jayati Chandra said, adding that these are expected to come up by the middle of the year.
Moving the resolution, Chief Minister Pinarayi Vijayan said the Centre should re-examine its decision and the operation and management of the airportbe handed over to the Special Purpose Vehicle in which the state government has stake.
In the Union budget, Rs 65,011.8 crore has been allocated to the Ministry of Health and Family Welfare, up from Rs 62,659.12 crore in 2019-20.
Under the 20.68 km-long monorail project, services will be provided between Poonamalle and Kathipara with a link from Porur to Vadapalani in Chennai, a senior UD Ministry official said.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
The Niti Aayog vice chairman noted that green shoots of recovery are already visible in multiple sectors. In 15-16 sectors, businesses are coming back to pre-COVID levels," he said.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
'By 2020 around 34% of India's population will be in the 15-34 age group.' 'More than 70% of them live in rural areas.' 'Their energy and enthusiasm need to be tapped in order to meet their aspirations and transform agriculture and the rural economy,' says P K Joshi.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
By 2030 India will be among top three countries in science and technology: PM
About railways sector, the Survey said that it is facing stiff competition from other modes of transportation and the government is initiating various transformative measures to keep railways on track.
'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'
Former rural development minister Jairam Ramesh tells Sanjeeb Mukherjee that the Ordinance to amend the land acquisition Act (2013) opens the door for forcible acquisition and undermines the spirit and the substance of the legislation.
The Shipping Ministry will award 30 port projects during the current financial year, which are likely to come up at an investment of about Rs 25,000 crore (Rs 250 billion).
Infra sector is neglected by the Modi govt.
The Railway Budget has impressed industry watchers.
India is capable of developing GM crops, Randy Hautea, global coordinator for International Service for the Acquisition of Agri-Biotech Applications, tells Kanika Datta.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
India should not miss the opportunity to develop high-speed railway.
The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly
This Budget will be a litmus test of the government's resolve to ensure Make in India strategy works
'The entire system acted as cheerleaders to Vijay Mallya. The RBI failed, the banks failed, the auditors of the banks and Mallya failed.'
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
NDA government has shunned populism.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
Budget proposals have set four goals to transform Indian Railways.
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
Here's why Rajeev Srinivasan believes there will be nothing particularly positive about the prime minister's US visit.
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