Projects

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

Most of renewable energy projects in India are being implemented by the private sector developers selected through transparent bidding process, Minister of State for New and Renewable Energy R.K. Singh said in written reply to parliament on 5 Dec 2019.

The Indian industries have been surprised by the Reserve Bank of India’s decision not to further cut repo rate at its MPC meeting on 5 Dec 2019, many pointing out the weakening economy.

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

The Asian Development Bank (ADB) has prepared an Action Plan for Infrastructure Creation to Increase the Use of Coastal Shipping in India, parliament was told on 5 Dec 2019.

The Ministry of Micro, Small and Medium Enterprises will raise GST related issues faced by the sector with the Finance Minister to provide some relief to the small companies.

Public Sector Oil Marketing Companies (OMCs), Gail (India) Limited and Indraprastha Gas Limited (IGL) have issued 443 numbers Letters of Intent (LoIs) as on 29 Nov 2019 for setting up Compressed BioGas (CBG) plants in the country.

The Special Economic Zones has received investment of Rs.521,631.44 crore as of 30 Sept 2019 since the concept was first passed by parliament in May 2005.

Three new problem statements have been launched recently to expand the startup network in the Aeronautics, Aerospace and Defence sector, State Minister for Defence Shripad Naik said in a written reply to parliament on 4 Dec 2019.

The Cabinet has approved the plan and authorised India Trade Promotion Organisation (ITPO) to transfer 3.7 acres of land at Pragati Maidan for a five-star hotel.