PM says India to develop 600 rail stations
Rs.6 lakh crore for infra projects India is to invest Rs.6 lakh crore on infrastructure and develop 600 major railway stations in the coming years, said Prime Minister Narendra Modi.
Monthly Archives: February 2018
FM stresses on fairness in public procurement
Govt tightens layers of accountability Finance and Corporate Affairs Minister, Arun Jaitley, has stressed on the importance of procedural fairness in public procurement and award of contracts.
West Bengal selects Earth Networks for real-time tracking
India vulnerable to weather-related hazards West Bengal has chosen Earth Networks to provide real-time storm tracking, lightning detection and advanced alerting services to provide life-saving weather and forecasting services to residents and businesses across the state.
Jaitley launches CriSidEx for MSMEs
Index to caputre sentiment of exporters and importers Finance Minister Arun Jaitley has launched CriSidEx, India’s first sentiment index for micro and small enterprises ( MSEs) to flag potential headwinds and changes in production cycles and thus help improve market efficiencies.
Prabhu consults industry on industrial policy
Govt focus to make business easier for industry Commerce and Industry Minister Suresh Prabhu has kicked off a series of nation-wide consultations with the industry on the proposed new Industrial Policy, first of which was held at Guwahati on 2 Feb 2018.
DPRs on 11 Amritsar SCM projects
Haryana and Chandigarh accelerates DPRs Detailed project reports (DPRs) are being prepared for 11 projects in Amritsar, 19 in Jalandhar and 19 in Ludhiana as part of the ‘Smart Cities Mission (SCM)’ development.
NHAI to award 1,000-km of projects by mid-Feb
Minister set 2018 target to build 10,000-km The National Highways Authority of India has invited bids for 1,000km projects within the next 15 days.
CSL-Russian MoU for building high-speed vessels
Gadkari sees huge demand for ships Cochin Shipyard Limited (CSL) and Joint Stock Company United Shipbuilding Corporation (USC), Russia have signed a Memorandum of Understanding (MoU) to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for Inland and Coastal Waterways.
World Bank signs US$375M loan for NW-1
Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River.
MSMEs ventures into global space industry
MSMEs in dialogue with Southeast Asian companies Micro, small and medium enterprises (MSMEs) from India’s space and satellite sector are set to internationalize their sub-system manufacturing expertise through joint ventures with global manufacturers.