Delhi BJP chief Tiwari said each poor family will be provided good quality, subsidised 'atta' (wheat flour) at a rate of Rs 2 per kilogram. The BJP will bring an ambitious 'Samridh Delhi Infrastructure Scheme', with a provision of Rs 10,000 crore, to ensure "focussed and priority" development of roads, flyovers, foot over-bridges and other key infrastructure projects, the manifesto stated. The manifesto promises to set up a 'Colonies Development Board' for undertaking development of various civic amenities.
'Curiously, Pinarayi's approach, stressing the imperatives of development, is robustly backed by Nitin Gadkari.'
'I stand next only to Gadkari, one of the few outstanding ministers in the Modi government, in applauding Pinarayi's political courage and vision,' says Ambassador M K Bhadrakumar.
India to get a major financial boost from the US for development of infrastructure.
M&M is preparing a plan for carbon 'footprinting' of all group companies. That includes carbon emissions made even during air travel by employees.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
A draft of the infrastructure portion of the Budget speech for Pranab Mukherjee's consideration.
The Mumbai Metropolitan Region Development Authority, the nodal agency for the city's makeover, has upped the estimated investment target needed for infrastructure development by over 50 per cent.
A team of government officials led by Union Cabinet Secretary K M Chandrashekar will visit Jammu and Kashmir on Monday to review various infrastructure development projects, ahead of Prime Minister Manmohan Singh's visit to the state later this month.
In a major boost to West Bengal's industrialisation drive, IT major Infosys Technologies on Tuesday signed an MoU with WBHIDCO for a 50-acre plot to open a campus in Kolkata to provide job opportunities to nearly 15,000 people.
Over the last 16 years, India has seen more engineering and R&D investments in aerospace than the US or Europe.
Kamal Nath, minister of road transport and highways, pitched for American investment and advanced technology transfer in infrastructure development in India's road sector in New York last week.
Khalistani separatist Chawla, a close aide of terrorist Hafiz Saeed, is part of the committee, which was not acceptable to India.
Prime Minister Manmohan Singh on Tuesday said investment in infrastructure should be doubled to about Rs 41 lakh crore during the 12th Five Year Plan ending 2017 from the prevailing level, and directed concerned authorities to work out the details.
The Indian Budget 2009-10 presented by Finance Minister Pranab Mukherjee earlier this week, has disappointed many Indian American investors as it does not focus adequately on some of the key issues, including disinvestment and infrastructure development, IACC said on Friday.
The unchanged duty structure for the cement industry is a major disappointment. However impetus for rural growth and infrastructure development will ensure healthy demand to continue.
The hospitality and travel industry players expressed disappointment after the General Budget 2009-10 announcements, with the sector not even finding a mention in the finance minister's speech.
The PM said that countries sponsoring, aiding and funding terrorism must be held accountable.
Chidambaram pitched for greater autonomy for the restive Jammu and Kashmir yet again on Sunday, drawing stinging criticism from the Bharatiya Janata Party, with Union minister Smriti Irani calling it "shocking and shameful".
Mahindra Satyam has approached the Commerce Ministry for more time to develop the three IT Special Economic Zones in Andhra Pradesh as it has decided to go slow on its expansion plans due to the slowdown.
Pranav Adani has come a long way since 1999, when he first got actively involved with the Adani Group's businesses, run by his uncle, Gautam Adani.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
With Arvind Jadhav, principal secretary, in the department of infrastructure development of the Karnataka government, emerging as the frontrunner in the race to replace Raghu Menon as the chairman and managing director of the state-owned National Aviation Company of India Ltd (Nacil), which runs Air India, informed sources said Menon lost the coveted job because of his opposition to the airline's proposed joint venture with Singapore Airport Terminal Services (SATS).
"I don't think the only solution for us is a bank, though it could be a bank. On the other hand, if the financial system continues to grow at 20-25 per cent, there's no reason why in our current construct, we can't comfortably keep growing at that same pace," says Rajiv Lall, CEO and Managing Director, IDFC.
DLF, the country's largest realty firm, on Thursday bagged a 350-acre plot for Rs 1,750 crore (Rs 17.50 billion) in Haryana for developing a recreation and leisure project, making it one of the costliest land deals in recent times.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
Even as work on border road construction in Jammu and Kashmir was stopped after Chinese objection, Arunachal Chief Minister Doorjee Khandu has asserted that his government will not succumb to any such pressure.
China has sharply reacted to India's plans to construct a road network along the McMohan line in Arunachal Pradesh and expressed hope that India will not take any action which may complicate the situation before a final settlement is reached to end the boundary dispute.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
Fiscal and monetary policies have helped India in dodging the recession and sustaining the economy, the research arm of the rating agency Moody's said.
The fund is being set up in association with two off-shore partners -- HSH Nordbank, (HSH) Germany and Noor Financial Investment Company of Kuwait. HSH Nordbank is a major financier in the transportation sector especially in shipping and aviation. In India, it has participated in debt financing for the modernisation of the Delhi airport. Noor is the financial arm of NIG Group, a conglomerate.
Indian Ambassador to the US, Meera Shankar described the transformation that the Indo-US bilateral relationship had witnessed in recent years and highlighted the complementaries and convergences in the ties. Shankar asked US companies to take advantage of the huge infrastructure development programme, which India proposes to undertake during the next few years.
Xi's presence in Mahabalipuram is more of a political message by Modi to the world -- as well as to regional parties in South India that they should be beware of the BJP's rise, says R Rajagopalan.
The decision was taken by an inter-ministerial Board of Approval.
It is apparent that an easing of tensions at the border and a disengagement of troops is on the cards, observes Ambassador M K Bhadrakumar.
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
The UPA government has already come out with three stimulus packages in the last six months to give a fillip to the core sector, which has been hit by the global economic slowdown. It may announce another booster for the economy as part of the annual budget to be presented in July. The Congress in its manifesto for the 15th Lok Sabha polls had said it will continue to focus on the core sector and bring in new steps to stimulate demand in the economy.
At present, the banking, financial services and insurance is the major contributor to TCS' overall revenues. Earlier, addressing IGF, Ramadorai said the business community continued to play a significant role in helping more people to jump onto the 'Internet Express'.
Senior administration officials acknowledged that US wants India to be a key stakeholder in the development efforts in this beleaguered country, where winning the hearts and minds of the populace will be imperative in the war against the al Qaeda, Taliban and other extremists elements.India's experience and expertise on helping the US in its developments efforts would be invaluable, because "there is a clear recognition that Indian aid to Afghanistan has been effective."
India's plans to bolster its military strength along the border with China by deploying its potent Sukhoi fighter jets in Tezpur have been badly hit due to poor infrastructure at the front line airbase.
'It is pure luck that we did not have any body bags, otherwise things could have been nasty.'
