Infrastructure

The Government is planning to invest around Rs.100 lakhs crore in logistics infrastructure in the next 5 years, Minister of State for Commerce and Industry Som Parkash said.

The Government has undertaken 55 rail projects worth Rs.45,883.2 crore and 15 projects worth Rs.2,899 crore for enhancing port connectivity at various Major and Minor ports.

Indian technical textile market is estimated to cross Rs.2 lakh crores by the year 2020-21 as its use become mandatory in many formats, Minister of Textiles, Smriti Zubin Irani, told Rajya Sabha on 12 Dec 2019.

The National Highways Authority of India (NHAI) will monetize completed National Highways that have a toll collection track record of at least one year under a new trust company.

With a focus on connectivity of Islands, the Civil Aviation Ministry has invited bids for 3 unserved airports/airstrips in Andaman & Nicobar Island and 1 underserved airport/airstrip in Lakshadweep Island.

India needs to reduce the time taken in drafting the Detailed Project Report (DPR) for construction of roads and highways which will not only ensure faster turnaround but will also help in reducing costs.

A Consultative Committee of Parliamentarians were briefed about the high importance accorded by the Government to gas-based economy and Biofuels, setting the pace for them to deliberate on the two topics.

Seven investors have been given extension for completing their Special Economic Zone areas in Andhra Pradesh, Commerce and Industry Minister Piyush Goyal told the Rajya Sabha 6 Dec 2019.

The Civil Aviation Ministry has invited bids for 6 underserved and 24 unserved airports/airstrips in the North-East states of India.

CSIR and BHEL have signed an MoU to cooperate, collaborate and pursue industrial application-oriented research programmes and its commercialization in large scale.