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.
Union Minister for Shipping, Road Transport and Highways TR Baalu has said the new toll policy has been finalised by the government, while the toll rules are under formulation.
"We are working on using land resources and PPP model for having more residential as well as office accommodation in the future," Urban Development Minister S Jaipal Reddy said on Tuesday while laying the foundation stone of general pool office complex in New Delhi. Comparing the VIPs' penchant for pet accommodation and dream houses to road rage in the city, Reddy said the ministry is facing 'house rage' in the capital.
Currently, the IRCTC runs region-specific package tours for tourists. The corporation has to book tickets for passengers in regular trains running on the these routes. By running a dedicated train, the state-owned company expects to enhance revenues.
Echoing similar views, CII too said the Prime Minister has given high importance to manufacturing and investment.
While the private companies have to spend Rs 8-12 crore (Rs 80 to Rs 120 million) on building and other infrastructure for each school, the government would provide 30-50 acre land free of cost to the developers of these schools.
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The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.
The national highways selected for upgrade include -- Gurgaon-Jaipur, Surat-Dahisar, Chilkaluripet-Vijaywada and Panipat-Jalandhar. These four stretches together measure about 838 km.
Railways initiate project for ad revenues of Rs 4,000 cr.
Jamnalal Bajaj Institute of Management Studies is organising its annual business convention Strategym 2006.
Despite strong private sector interest and a Rs 750-crore (Rs 7.5 billion) Budget allocation, not a single agreement has been signed between the government and the private sector to upgrade 300 Industrial Training Institutes (ITIs) to centres of excellence within the target of this fiscal, which has three and a half months to run.
The Land Acquisition Bill, passed by Parliament during the Monsoon Session to replace a 119-year-old legislation, became a law with President Pranab Mukherjee giving assent to it on.
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.
Of the seven proposed airports, the one at Shirdi will be greenfield whereas in case of other six cities, airstrips exist already but there is no airport infrastructure, Sinha told PTI in an interview.
Outlook for the Economic Survey (2006-07) also suggests a promising improvement in infrastructure development.
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.
Trauma care services in India will soon get a facelift with the government proposing to set up special facilities along the country's highways.
DRDO has goals to develop stealth aircrafts and long range reusable hypersonic cruise missiles.
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".
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.
The Cabinet on Thursday approved construction of the second international airport at Navi Mumbai in Maharashtra.
The contest, 'Letters to PM Modi' on the subject 'An idea to create new jobs', is open to all college students at all levels across the country.
15-20 cities are expected to get selected for development.
Portraying India as a profitable investment destination, which will require fund inflows to the tune of $500 billion over the next five years
Delhi and Mumbai may have made hasty temporary arrangements for the mammoth two-decker Airbus A380s to land exhibition flights earlier this year. But it is Hyderabad that will have south Asia's first A380-compatible airport, which begins commercial operations on March 16, 2008.
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 corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
A consultant is being appointed to work out the details of the project.
Govt to chalk out entry of sovereign funds from Abu Dhabi, Qatar into such projects.
These schools, to be known as public schools, will be established in the Public-Private Partnership mode.
The bidding will be opened in second week of April and the highest bidder will be entrusted with the responsibility of developing a group housing complex complete with all modern facilities including shopping complex and health services, said a senior railway official. Besides the reserve price, the developer has to renovate 750 railway quarters near the site as part of the development agreement.
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.
As part of the initiative, Planning Commission is organising a one-day conference on 'Building Infrastructure: Opportunities and Challenges' on October 7.
Bombardier Transportation India Ltd is considering an association with the Indian railways
All FIPB records will now be digitised; old and unnecessary files will be weeded out
As part of its ambitious Rs 2,30,000 crore (Rs 2,300 billlion) outlay for the 11th Plan, Indian Railways plans to use space above platforms in Delhi, Mumbai and other cities to build passenger amenities by involving private players.
Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.
Kolkata excels in business performance with employee headcount and number of engineering students doubling in the last five years.
The minister said he was against "blanket privatisation of the railway system but the private sector was being encouraged to participate with the railways in the development of its non-core activities."
The government will also set up an IIM at Shillong.
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