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 …

PMG to digitise applications for forest, environment clearance

By end of financial year, group aims to put all applications for coal-related project clearances on web To fast track major investment projects and impart transparency in clearance procedures, the Project Monitoring Group (PMG) under the Cabinet Secretariat has decided to digitise all applications for clearances relating to forest, environment …

British Columbia Bonds to Test Green Label’s Allure

British Columbia is selling hospital bonds by touting the projects’ environmental credentials in the first test of the green-bond label’s usefulness in winning financing for provincial infrastructure projects. Marketing materials distributed to investors say the securities are up for certification from Altus Group Ltd., a lender advisory firm, for inclusion …

Three projects involving Tk 503cr get Ecnec nod

The government on Tuesday okayed a Tk 289 crore project to excavate a new canal in Cittagong city in a bid to put an end to nagging water-logging in the port city. The approval came at a time when most areas of Chittagong City Corporation (CCC) were flooded during last …

Over Rs 800 m worth development projects for Monaragala district

President Mahinda Rajapaksa opened several development projects in the health, education, infrastructure sectors in the Monaragala district yesterday. The government has spent over Rs 800 million for these development projects. In accordance with the Mahinda Chintana vision for the future to restructure education and create a knowledge base in the …

10 development schemes worth Rs7.936b for Punjab approved

The Punjab government on Monday approved 10 development schemes of different development sectors with an estimated cost of Rs7.936 billion. These schemes were approved in the 45th meeting of Provincial Development Working Party (PDWP) of current fiscal year 2013-14 presided over by the Punjab Planning and Development Board Chairman, Muhammad …

‘Urban population to account for 40% of India’s total by 2030’

New Delhi : In the decade spanning 2001-2011, the urban population of India grew annually by 2.8% adding 9.1 crore people to India’s population residing in cities. According to an Assocham study, this urban population is expected to grow up to 590 million by 2030, accounting for nearly 40% of …

Driving cleaner - More electric vehicles mean less pollution

With nearly 220,000 electric vehicles on U.S. roads, politicians and clean energy advocates believe it’s time to charge ahead further. Environment America‘s study, Driving Cleaner: More Electric Vehicles Mean Less Pollution, proves the point of its title while showing why things should get even better under the Clean Power Plan …

‘Smart City’ project gets Centre’s nod

The Chhattisgarh Government has added another feather in its cap by receiving the Centre’s nod for developing a ‘Smart City’ between Raipur and Naya Raipur on Thursday. The approval is being considered as a major boost to the State’s ongoing developmental push for taking up a large number of infrastructure …

UP Budget 2014-15 to focus on 'bijli, sadak, paani'

LUCKNOW: With losses in Lok Sabha elections not far behind, the Akhilesh Yadav-led SP government has done a reassessment of its governance strategies in the state. Keen on bringing the focus back on the party's development initiatives, the state budget for the 2014-15 fiscal is all set to show a …

Goa Investment Policy 2014

The state cabinet cleared the Goa investment policy 2014, which intends to attract investors to Goa resulting in facilitation of ` 25,000 crore worth new investment and creation of 50,000 jobs in the next five years. The focus areas of the policy are industry, tourism and information technology, while investment …

Unbridled constructions caused 2013 devastation: SC panel

A new report on development and ecological sustainability in Uttarakhand by Ravi Chopra, environmentalist and head of the Supreme Court-appointed committee formed to study the role of the dams in the disaster last year, states that the devastation on June 15-17, 2013 was aggravated many times over by the heavy …

Only 38 of city's 157 infrastructure projects completed: CAG

MUMBAI: The Comptroller and Auditor General (CAG) of India has, in a strongly worded audit report, rapped the Mumbai Metropolitan Regional Development Authority (MMRDA) and the principal secretary, state urban development department, for completing only 38 out of the city's proposed 157 infrastructure projects. The total cost of the Mumbai …

Odisha's Budget outlay may touch Rs 80,000 cr

Separate agri Budget likely with 20% greater allocation After presenting a Vote-on-Account for the April-July period, Odisha is set to present its full-fledged Budget for 2014-15 on June 17 with the total outgo pegged at around Rs 80,000 crore. This time too, the state is likely to present a separate …

Karnataka scraps green panel

In 1985, state had taken the lead in the country by setting up a panel to accord environmental clearances to industrial projects with up to Rs 100 cr investment In what could be a shocking move, the Karnataka government has scrapped the State Environmental Clearance Committee (SECC), which was in …

India will Continue to Get Cheaper World Bank Loans

Bank provides transition support of $3.5 bn to India for infra, education initiatives The World Bank will continue its concessional lending meant for poorer countries to India and has poorer countries to India and has also significantly upped the country's single-borrower limit, looking to provide a helping hand to the …

Over 132 m to develop Wariyapola

The Economic Development Ministry will commence brass, iron, apparel and clay industries at the Wariyapola Bamunakotuwa Divisional Secretariat area, said Senior Minister S. B. Nawinne at a press briefing at his residence in Wariyapola, Malwana recently. He said the government will spend Rs. 132 million for the development of infrastructure …

Govt's development agenda: Energy, infra at the core

The NDA government also wants to pick up from Manmohan's pet nuclear programme The Narendra Modi-led government would soon come out with a comprehensive national energy policy, with a focus on developing energy-related infrastructure, President Pranab Mukherjee said in an address to Parliament on Monday. The government will also operationalise …

Govt to amend Land Acquisition Act

The government has started work on amending the Land Acquisition Act to accommodate a provision of compensation based on market rate. Currently, the government is being forced to pay much higher than the market rate for land acquired for several infrastructure projects. Many transmission line, irrigation and road projects have …

Green clearances go online with time limits for approvals

The government on Thursday kicked off online environment clearances for industrial and infrastructure projects which have for long been hobbled by the slow pace of green approvals. As part of the transition to an e-window mechanism, for the next three weeks, project developers will be required to submit a hard …

Tourism projects worth Rs 150 crore lined up in Odisha

The state government has received 68 proposals for tourism infrastructure development till date Post finalization of Odisha Tourism policy last year, the state government has received 68 proposals for tourism infrastructure development till date. "The task force on tourism has received about 68 proposals envisaging combined investment of Rs 100 …

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