Infrastructure Development

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

Impact of the Keystone XL pipeline on global oil markets and greenhouse gas emissions

Climate policy and analysis often focus on energy production and consumption, but seldom consider how energy transportation infrastructure shapes energy systems. US President Obama has recently brought these issues to the fore, stating that he would only approve the Keystone XL pipeline, connecting Canadian oil sands with US refineries and …

Govt announces plans to improve TNPCB infrastructure

Tamil Nadu government today announced a slew of measures to improve the infrastructure in its Pollution Control Board, in a bid to check the pollution levels and ensuring a clean environment in the state. Environment Minister Venkatachalam said, government would construct buildings for TNPCB at Erode, Coimbatore (South), Vaniyambadi, Nagappattinam, …

Report of the Comptroller and Auditor General of India on revenue and social & economic sector (PSUs): Government of Delhi

The report of the Comptroller and Auditor General of India - Government of National Capital Territory of Delhi (Report No. 1 of 2014) on Revenue and Social and Economic Sector (PSUs) for the year ended 31st March 2013, has been laid on the table of the Parliament on 1st August, …

Odisha seeks industry bodies' views on draft IPR

The state industries department has sought suggestions from the industry bodies for formulation of the draft Industrial Policy Resolution (IPR)-2014. The department has written to the industry associations like Utkal Chamber of Commerce and Industry, the Confederation of Indian Industry (CII)-Odisha chapter, Odisha Assembly of Small & Medium Enterprises (OASME), …

Gadani Power Park: Dar links clearance to cost rationalisation

Executive Committee of National Economic Council (ECNEC) headed by Finance Minister, Senator Ishaq Dar, has reportedly not cleared Gadani infrastructure project designed to establish 10 imported coal-fired project of 660 MW each until the cost is rationalised, well informed sources in Water and Power Ministry told Business Recorder. The project …

World Bank Pledges $15-18 b to Support India over 3 Years

Bank prez Jim Yong Kim hails Gujarat biz model, learns about Modi govt's development priorities The World Bank said it is ready to commit $15-18 billion to support India over the next three years, even as its president endorsed the business model of Gujarat, the state that Narendra Modi ruled …

ADB to come up with more climate resilient projects for Bangladesh: Higuchi

The Asian Development Bank (ADB) will come up with more climate resilient rural infrastructure and energy efficiency projects for environmental sustainability in the coming years while supporting Bangladesh’s infrastructure needs, said ADB Country Director to Bangladesh Kazuhiko Higuchi, reports UNB. “ADB will continue to support education and healthcare projects. There’ll …

India energy security vision 2022 - From scarcity to abundance

India's key energy challenges include but not limited to: (1) increasing domestic production of primary fuels; (2) securing necessary imports of primary fuels at relatively stable prices; (3) attracting investment across all segments of the energy sector; (4) investing in new energy technologies; (5) reducing the carbon intensity of energy …

Ghana will not draw second half of $3 billion China loan- govt

Ghana will not draw the remaining $1.5 billion (0.87 billion pounds) tranche from a $3 billion loan agreed with China in 2011, Ghana's finance minister said on Wednesday. Seth Terkper said the remainder of the loan had been cancelled due to "challenges that we have had in coming to an …

Govt mulls law for land acquisition

KATHMANDU: The government, through the budget for next fiscal, has announced plans to introduce an integrated law to make land acquisition and valuation easy. For many years, land acquisition has remained a major challenge for the government to implement infrastructure projects effectively. In the budget unveiled on Sunday, the government …

World Bank review shows flaws in social, environment safeguards process

The World Bank has systemic defects in its procedures to ensure that people and the environment are not harmed in development projects, according to an internal review obtained by Reuters. The global development lender is undergoing the first major update to its social and environmental protections in decades, which are …

The Andhra Pradesh Reorganisation Bill, 2014 (As passed by Lok Sabha on 18-02-2014)

The Andhra Pradesh Reorganisation Bill, 2014 (As passed by Lok Sabha on 18-02-2014). The bill aims to provide for the reorganisation of the existing State of Andhra Pradesh and for matters connnected therewith.

Govt presents Rs 618 billion budget

KATHMANDU, JUL 14 - Finance Minister Ram Sharan Mahat on Sunday presented the annual budget of Rs 618 billion focusing on economic reforms, energy, infrastructure and agriculture. But under pressure from lawmakers he also included allocations for some controversial and populist programmes, mainly the Constituency Development Fund (CDF). The budget …

Warmer, healthier, low-carbon homes

A large-scale, publicly-funded, energy efficiency programme is a four-way win. It’s great for the economy, great for the environment, great for energy security, and great for struggling households. It is the only way to end the scandal of fuel poverty-related excess winter deaths in the long term, and to protect …

Rs.200-crore boost for power

The power sector in the Capital, which witnessed frequent outages last month, received a much-needed boost from the Union Budget, which allotted Rs.200 crore to augment infrastructure in the key Department. In his Budget speech, Union Finance Minister Arun Jaitley categorically mentioned that transmission-related problems were a huge challenge for …

India races through environmental approvals

India’s new government certainly seems to be cracking on with its job. Within two weeks of taking office, environment minister Prakash Javadekar had rolled out an online system to speed up approvals for development projects that might have environ­mental impacts. And a system for clearing permits for projects in forests …

Delay in granting environmental clearance affecting development along Line of Actual Control: Prakash Javadekar

The delay in granting environmental clearance has affected development of military infrastructure, especially along areas bordering China, Government said today. "It has been observed by the Central Government that due to lengthy processes involved in grant of approval under the Forest (Conservation) Act, 1980, many important defence projects, especially the …

Budget announces new irrigation scheme for growers

Price stabilisation fund to tackle inflation In a bid to boost farm production and cut post-harvest losses, Finance Minister Arun Jaitley today announced a slew of measures which included concessional loans to landless growers, a new national scheme to promote irrigation, a separate television channel for farmers. Delivering his maiden …

Policy flaws led to delay in infra projects, says economic report

Stating that infrastructure development was a key to the country’s progress, the Economic Survey for 2013-14 points out that the core sector investment in India has been hit due to design flaws in policies that need to be corrected. Stating that delays in 110 central infrastructure projects have caused a …

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