EMPOWERED COMMITTEE ON INFRASTRUCTURE
Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling risk
The Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of the drilling costs for exploratory wells to enhance oil reserves. The initiative aims to reduce dependence on imported hydrocarbons while stimulating investment in offshore basins. Shared infrastructure support will also aid in connecting small discoveries for production.
Arunachal Cabinet forms panel to oversee Upper Siang project survey
The Arunachal Pradesh Cabinet approved the formation of an Empowered High-Level Committee for the Upper Siang Multipurpose Project. This project aims to address water and energy security while promoting socio-economic development in the region. Chief Minister Pema Khandu highlighted the importance of a transparent recruitment system through the Arunachal Pradesh Staff Selection Board. Recent reforms aim to ensure merit-based employment opportunities for aspiring candidates in government positions.
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
Indian Ports Bill 2025 passed by Lok Sabha
The Lok Sabha on Tuesday passed the Indian Ports Bill, 2025, aimed at promoting integrated and strategic port development through a consultative framework between the Centre and States. The legislation provides for the statutory creation of the Maritime State Development Council (MSDC), a recommendatory body to advise on long-term, data-driven planning for all ports, including a National Perspective Plan for maritime infrastructure.
Exam panel recommends digital platform, hybrid model for entrance tests
A seven-member panel recommended a digital exam platform, hybrid testing model, and the development of 1,000 reputed government institutions as testing centres for exam reforms. The panel also suggested multi-level NEET testing and an oversight mechanism for coaching centres. Major revamping of the National Testing Agency and cheating prevention measures are also part of the recommendations.
Consumer Commission: SC raps states, UTs for delay in appointing nodal officers, setting up infrastructure
Supreme Court said the states and UTs are not understanding the severity of the situation and we have to do something more to make them understand. "We will have to be merciless to make you understand," the apex court said while imposing a cost of Rs 1 lakh on the states and the UTs which have not filed an affidavit mentioning compliance of its order.
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House panel on home frowns at poor allocation for border infrastructure
The Centre should establish a forum of all states which have an international border for “interaction between heads of state-level empowered committees”, the standing committee on home affairs has recommended.
Government reaches out to IT majors for health worker training
“There is an increasing need to not only leverage smartphones but also feature phones in accelerating the process of contact tracing and identification of hotspots in the country,” principle scientific advisor K VijayRaghavan, who is member of the empowered committee, said
NITI submits draft Cabinet note on zero-emission vehicles
Minister of State for Planning Rao Inderjit Singh said that, in order to promote electric vehicles, NITI Aayog has proposed the formation of six committees.
Digital economy: Parliamentary panel suggests govt to form law on data privacy
Parliamentary Standing Committee on Finance also suggests to create a coordinating authority, reporting directly to the PMO to deal with issues related to information infrastructure.
Fear of CBI bizzare; apply wisdom in funding NPA: Panel to banks
The panel suggested that bank should see viability of the project -- whether lending some more money will give their due returns.
PPP committee clears infrastructure projects worth Rs 9,672 crore
These include 4 NH projects, one each Maharashtra and Himachal Pradesh and two projects in UP and one port sector project in Goa cleared by the PPPAC.
Finance Ministry sets up two panels for roll out of GST from April 2016
Gearing up to roll out GST from April 1, 2016, the Finance Ministry today set up two committees to suggest tax rates.
Essar, IFFCO to get captive berths at port planned on Mahanadi
Essar and fertliser cooperative IFFCO will get captive berths at riverine port planned on Mahanadi river.
CCI to overrule meaningless objections on mega projects: Montek Singh Ahluwalia
Cabinet Committee on Investment will soon have powers to over-rule "meaningless objections" to mega infrastructure projects so that they are cleared in "one go".
Illegal mining: BJP demands dismissal of Karnataka Infrastructure Minister Santosh Lad
BJP today demanded dismissal of Karnataka Infrastructure Minister Santosh Lad for his alleged role in illegal mining in the state.
Centre should ensure compensation of Rs 3,000 crore revenue loss: Punjab Government
Punjab Govt today said the Centre should compensate Rs 3K cr of revenue loss to state which is likely to occur after implementation of GST
Parliamentary panel seeks autonomy for Commission of Railway Safety
Terming it as disappointing picture, where CRS powers relating to accident investigation is concerned, the 31-member committee observed that basic mandate of CRS is greatly restricted.
Four small hydro power project developers selected in UP
In a step towards boosting alternative power generation the state government has selected successful bidders for four small hydro power projects of 3400 KW.
Nandan Nilekani to head SPV on GST network
The empowered group of state finance ministers on GST approved the setting up of a special purpose vehicle, called the GST Network
PM Manmohan Singh requests states to cut tax on natural gas, imported LNG
Natural gas and imported liquefied natural gas could soon become cheaper if Prime Minister Manmohan Singh's plea to states to lower taxes on them is accepted.
UIDAI Chairman Nandan Nilekani meets Sushil Modi on IT initiatives for GST roll out
UIDAI Chairman Nandan Nilekani briefed Sushil Modi about the IT initiatives for the roll out of Goods and Services Tax.
Govt may soon appoint panel to clear asset buys abroad by PSUs
The government may appoint a high-power committee headed by the Cabinet Secretary for fast-track clearance of overseas asset buys by PSUs.
Funding pattern for Metro Phase III spelt out, DDA to chip in with 1,500 cr
The wait for the third phase of Delhi Metro network is over. Sources in the urban development ministry confirmed that the empowered committee has cleared the project.
Interim Budget lack direction: Asim Dasgupta
Chairman of the Empowered Committee of State Finance Ministers Asim Dasgupta, who also happens to be West Bengal's finance minister, is pleased about the expansion of budgetary provisions for social sector development projects.
Rs 10,328 cr to develop infrastructure in elite institutions
In an effort to implement OBC reservation quickly, Centre on Thursday approved an outlay of over Rs 10,000 crore for infrastructure of elite higher educational institutions, envisaging a capacity expansion by 54 per cent.
It's a taxing time for SEZ areas
In a big blow to SEZs, states will now levy taxes on goods consumed at non-processing areas in SEZs.
IIFC may get to directly fund private core projects
The government may change existing guidelines to fund long-term debt to private sector power projects through India Infrastructure Finance Company (IIFC). IIFC may now be able to directly finance power sector projects instead of going through the re-financing route.
FDI body for fund creation to attract investments
The steering committee on FDI, headed by N K Singh, is mulling over the creation of an investment marketing fund, an investment facilitation fund and an FDI zone fund to give a boost to investment promotional strategies.
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