Infrastructure

water taxi mumbai

India’s first water taxi service inaugurated in Mumbai

On Thursday, Maharashtra’s first water taxi service was inaugurated, linking the Navi Mumbai area to mainland Mumbai. The Belapur jetty was inaugurated by Chief Minister Uddhav Thackeray, and the service was launched by Union Minister for Ports, Shipping and Waterways, Sarbanand Sonowal. The Rs. 8.37-crore initiative would initially run on three routes, with the state …

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Cabinet Approves Rs 44,605 Crore Ken-Betwa River Linking Project

The Union Cabinet approved the funding and execution of the Rs 44,605 crore Ken-Betwa inter-linking of rivers project on Wednesday. The project has an eight-year deadline. A proposal to this effect was adopted at a meeting of the Cabinet convened by Prime Minister Narendra Modi. According to an official statement released following the Cabinet meeting, …

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NaBFID to start funding operations in railway, road, and energy sectors

According to its recently appointed Chairman K.V. Kamath, the National Bank for Financing Infrastructure and Development (NaBFID) is set to commence financing operations with about 190-200 large infrastructure projects in the railway, roads, and energy sectors. Last month, the government announced the senior banker’s nomination as head of the newly established development finance agency, which …

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Phase-III of Chennai-Bengaluru expressway gets environmental clearance

The Environment Ministry’s Expert Appraisal Committee has recommended environmental clearance for Phase-III of the eight-lane expressway between Chennai and Bengaluru. The National Highways Authority of India (NHAI) is responsible for the project, which runs through the Andhra Pradesh districts of Chittoor and the Tamil Nadu districts of Vellore, Ranipet, Kancheepuram, and Tiruvallur. Andhra Pradesh and …

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Govt. amends mining rules to create flexibility and boost production

The Union government has issued updated mining concession rules, which would allow for the sale of 50% of mineral production from captive mines, free transfer of mines, and partial lease surrender. Earlier this year, the Mines and Minerals (Development and Amendment) Act, 1957 (MMDR Act) was amended in a variety of ways. The modifications sought …

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Gujarat tops the logistics rankings; Haryana, Punjab take second and third spots

Gujarat has kept its top position in the annual logistics rankings for states announced by the Centre on Monday, with Haryana and Punjab coming in second and third, respectively. Uttar Pradesh climbed seven places to sixth place. The Logistics Ease Across Different States (LEADS) study aims to assess state and Union Territories (UT) logistics performance …

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India’s new Kushinagar Airport To Boost Buddhist Pilgrimage Tourism

Kushinagar is the newest airport in Uttar Pradesh. The Prime Minister opened the Kushinagar International Airport on Wednesday, ushering in a new era of tourism in the ancient city known for Buddhist pilgrimages. The new airport was built as part of the government’s tourism-boosting plan. Kushinagar is a significant Buddhist location where Lord Buddha gained …

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Power Ministry’s new electricity rules to push renewable energy

The Union Power Ministry amended the Draft Electricity (Rights of Consumer) Amendment Rules, 2021 on Thursday. In five years, the Ministry advises customers who use DG sets to switch to cleaner technology, such as renewable energy with battery storage. “Consumers who use Diesel Generating Sets as essential backup power shall endeavour to shift to cleaner …

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Power Ministry announced new electricity rules for easier access to power transmission network

The Electricity (Transmission System Planning, Development, and Recovery of Inter-State Transmission Charges) Rules 2021 were issued by the Ministry of Power to make it easier for power utilities to utilise the transmission network throughout the nation. Power projects will no longer be required to identify their intended beneficiaries, which is a substantial improvement over the …

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Indian Railways to undergo massive restructuring based on Sanyal committee recommendations

The Indian Railways, the country’s biggest employer and carrier, is undergoing a massive reorganisation that may result in the closure of key facilities, the merging of decades-old organisations, and private involvement in the management of its schools and hospitals. The Principal Economic Adviser Sanjeev Sanyal’s recommendations for Rationalization of Government Bodies and Proposal for the …

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