'We condemn recent illicit missile launches in the region that violate UN Security Council resolutions. We express serious concern over recent dangerous and aggressive actions in the maritime domain. We seek a region where no country dominates and no country is dominated one where all countries are free from coercion, and can exercise their agency to determine their futures,' the declaration said.
Privatising the railways is not on her agenda. But the minister wants to earn revenue for the government by all means possible, and also do social good. railway Railway Minister Mamata Banerjee talks of her pet public-private partnership and Vision 2020. Edited excerpts:
Decks have been cleared for setting up of 20 new IIITs in the country after differences between industry bodies and the government, over the issue of autonomy, were sorted out.
After the infrastructure sector, the public-private partnership model will be extended to rural job generation as well.
The national highways selected for upgrade include -- Gurgaon-Jaipur, Surat-Dahisar, Chilkaluripet-Vijaywada and Panipat-Jalandhar. These four stretches together measure about 838 km.
As part of its initiatives to work with Indian law enforcement organisations towards creating more awareness on cyber crimes, Nasscom is in talks with Maharashtra Director of Prosecution to train 40 prosecutors every month.
Move to accelerate investments; Japan to have a share in corpus
As part of its initiatives to work with the Indian law enforcement organisations towards creating more awareness on cyber crimes, Nasscom is in talks with the Maharashtra director of prosecution to train 40 prosecutors every month.
DRDO has goals to develop stealth aircrafts and long range reusable hypersonic cruise missiles.
Mitsubishi Corporation of Japan is considering investments in India's infrastructure sector including power, ports and airports.
The Karnataka government will soon select a consortium bidder for the 35-km high-speed rail transport between Bangalore International Airport at Devanahalli and the city centre, a top official said in Bangalore.
The Cabinet on Thursday approved construction of the second international airport at Navi Mumbai in Maharashtra.
The affordable housing segment will offer business opportunities worth over Rs 5,00,000 crore (Rs 5 trillion) as India requires more than ten million houses to be built by 2013-14.
With the Centre and state governments building public-private partnerships for bringing e-governance and rural connectivity, Hewlett-Packard India has identified e-governance as a focus area for its offerings in the printing and imaging series.
The Union Road Transport and Highways Ministry proposes to build a huge network of expressways by 2022, also the final year of the Thirteenth Five-Year Plan.The ministry plans to build expressways in 3 phases -- by 2012, 2017 and 2022 -- and, accordingly, it has prepared a draft report for a network of the proposed 17,661-km of stretches.The report has suggested the government set up the proposed expressways on both an annuity and a public-private partnership (PPP) basis.
The I&M programme will entail a nationwide comprehensive programme to test and certify, at frequent intervals, a vehicle's 'road worthiness'. The programme gains importance as more than 100,000 people die each year from road accidents in the country, roughly 10 per cent of the world total.
The West Bengal government unveiled a new model to allot 90 acres of subsidised plots each to software majors Infosys and Wipro near Rajarhat locality in the city at an unspecified rate.
Metro rail projects in Hyderabad and Mumbai will come up through PPP model. Besides Metro, government is also keen to allow bus rapid transit (BRT) system, construction of road over bridge (ROB) and underpass through the PPP mode. The JNNURM scheme launched in the end of 2005 recognises that mere funding of infrastructure projects alone will not enable in transforming cities and what is required is a clear focus on a set of reforms at state and urban local body level.
Under the new norms, if a developer is bidding for a PPP project worth Rs 500 crore (Rs 5 billion), it should have a record of executing projects worth Rs 1,000 crore (Rs 10 billion), or at least double the cost of the new project. Earlier, to qualify, a developer needed to have executed projects one-and-a-half times the cost of the proposed project in the last five years.
The company, which is bidding for 16 road projects worth Rs 10,000 crore (Rs 100 billion) this year from the National Highways Authority of India under the public-private-partnership model, intends to invest the money in the form of equity to set up special purpose vehicles to execute new road projects.
Trauma care services in India will soon get a facelift with the government proposing to set up special facilities along the country's highways.
The programme that stemmed from the mutually beneficial needs of the Punjab government and PepsiCo India, if everything goes well, is set to bring "orange revolution in the state by bringing more than 35,000 acres under citrus cultivation by 2008".
The Indian Space and Research Organisation (ISRO) will launch two initial missions later this year under the Gaganyaan programme, followed by country's maiden human space-flight mission in 2024, Union Minister Jitendra Singh has said.
As the demand for a grand stimulus gathers steam, the government is targeting an investment of Rs 100,000 crore
The much-hyped public private partnership motto of the railway ministry seems to have gone nowhere, as the ministry continues to sit over proposals from at least three state governments to start luxury trains.
India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.
Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.
The much-awaited special purpose vehicle for funding infrastructure projects is all set to take off by next month with the Prime Minister's Committee on Infrastructure giving it a green signal.
The ambitious Rs 50,000 crore (Rs 500 billion), 3,289 km Dedicated Freight Corridors are a case in point. Although the project started under former railway minister Lalu Prasad and was renamed Diamond Rail Corridors by incumbent Mamata Banerjee, not a single project has been awarded yet.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Rajasthan's BJP Chief Minister Vasundhara Raje and Deputy Chairman of Planning Commission Montek Singh Ahluwalia on Monday differed on which Union government was behind the expressway project in the state.
Railway minister Mamata Banerjee fought off criticism on Friday that her Railway Budget was Bengal-centric and said she had kept in mind the entire country.
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
On long-haul routes to Bangalore and Hyderabad, new airports being built under public-private partnerships, the increase could be roughly Rs 1,000. In Delhi and Mumbai, which are being modernised under PPPs, the increase could be a smaller Rs 300 on similar routes because these airports do not charge development fees.
Railway Minister Lalu Prasad on Monday announced opening of 7,500 outlets at railway stations across the country to facilitate sale of their produce and offered export sop to those who pay suitable prices.\n
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