Announcing the Cabinet Committee on Economic Affairs decision, Finance Minister P Chidambaram said a Special Purpose Vehicle would be set up for the project.
Finding "sense" in the Common Minimum Programme of the United Progressive Alliance government, the World Bank on Thursday said India could at least grow by 6 per cent over the long term, but containing fiscal deficit was important.
Steel and Fertilisers Minister Ram Vilas Paswan on Friday asserted that government would pursue reservation for socially backward classes in the private sector as per commitment made in the Common Minimum Programme.
Union Finance Minister P Chidambaram, during his two-day visit to Mumbai will interact with brokers, bankers, investors and industrialists. The finance minister arrives in the city on Wednesday afternoon.
The sale of controlling stake in 13 public sector companies, which had been cleared by the previous government, has been called off, Rajya Sabha was told on Tuesday.
During the meeting, the external affairs minister highlighted the foreign policy aspects in the Common Minimum Programme of the United Progressive Alliance government.
The programme backs the repeal of POTA and reservations for women
Finding that the draft common minimum programme was "inadequate", the central trade unions on Monday said it was not "acceptable" to them and laid out over a dozen demands to the new government headed by Prime Minster Manmohan Singh.
Bhardhan expresses reservations over UPA regime's decision to allow foreign direct investment (FDI) in 'strategic' sectors like telecom
India Inc on Monday expressed optimism that the Congress-led government at the Centre would carry forward the reforms, and the stock market crash was a result of "complete nervousness" among investors, which would recede after the Common Minimum Prog
The Communist Party of India-Marxist on Tuesday said the Left parties would not withdraw support to the United Progressive Alliance government.
Congress president Sonia Gandhi stumped party members by taking the last row in the Lok Sabha on Monday.
Finance Minister P Chidambaram on Tuesday said the budget has attempted to clean up the tax regime and aims at spurring investment and implementing the goals outlined in government's National Common Minimum Programme.
State Congress chief Ghulam Nabi Azad will head the nine-member committee that will monitor the implementation of the Common Minimum Programme of the coalition government in the state.
The former West Bengal chief minister will explain the Communist Party of India-Marxist's views on the implementation of the Common Minimum Programme.
Union Railway Minister Lalu Prasad promised to fill up vacancies for SCs/STs and OBCs.
'The Bloc was supporting the Congress party-led government to keep the 'communal Bharatiya Janata Party' away from power and if it felt the UPA was not implementing the CMP the party would review its support'
Resource constraints have forced the planning commission to scale down investments by 12.5 per cent in crucial areas including agriculture, power and manufacturing.
The Communist Party of India (Marxist), on Thursday, warned the government against any breach of the Common Minimum Programme and indicated that it would not hesitate to withdraw support if the CMP was not implemented sincerely.
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