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.
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.
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

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.

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.

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.
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.
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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