The Indian Airlines' plan to acquire 43 aircraft at a cost of Rs 10,000 crore (Rs 100 billion) has been further delayed with the indefinite postponement of a crucial meeting of the Public Investment Board.
Rs 7 lakh crore will be invested to develop for over 80,000 km of highways including Bharatmala project in the next five years
The Rs 1,808-crore modernisation and expansion plan for Chennai airport, which was recently cleared by the Public Investment Board and expected to begin this September, may not be sufficient to cope with projected growth in passenger traffic.
Days after exchange of words between the Planning Commission and the Civil Aviation Ministry, the process of Kolkata airport modernisation is all set to start with the Public Investment Board meeting in New Delhi later this week to give its nod to the Rs 2,000 crore (Rs 20 billion) project .
The prime minister's committee on infrastructure has finalised a proposal for restructuring the National Highway Authority of India.
Affirming that the Centre was "serious" about Rs 4,000-odd crore (Rs 40 billion) Metro Rail for Bangalore, Union Urban Development Minister Ghulam Nabi Azad on Wednesday said the project was expected to be completed in four years. \n
The fleet acquisition programme of Indian Airlines will move one step forward on January 29 when the Public Investment Board takes up the issue to finalise the plan, official sources said on Thursday.
A meeting of officials of the ministries of civil aviation and finance on Friday deferred a decision on Indian Airlines' fleet acquisition till the third week of next month, official sources said on Friday.
Indian Airlines' plans to add more planes to its existing fleet may not be delayed, even though the civil aviation ministry has sought a review of their plans, as the fresh proposal would be taken straight to the Public Investment Board the moment it
MRPL had its fuel taps running on Monday as union petroleum minister on Saturday said that ONGC will take a controlling 51% stake in the petrochemicals company.
The Covid pandemic has left a question mark on how the central government manages its staff.
The project is likely to cost Rs 1,900 cr for which govt might invite global bids.
The board is likely to take up the matter this month.
The Budget for 2016-17 has announced a massive rollout of ATMs and micro-ATMs.
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
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