The Union Cabinet on Wednesday approved a proposal to set up a major port at Vadhavan near Dahanu in Maharashtra with a total cost of ₹65,545 crore, including about ₹14,500 crore of GST. This is part of the government’s plan to develop infrastructure projects at a cost of ₹100-lakh crore over the next five years.
The Cabinet also approved bringing amendments in the Banking Regulation Act to put certain co-operative banks under the regulatory ambit of the Reserve Bank of India.
Trust for Ram temple
The Union Cabinet also gave its nod for setting up ‘Shri Ram Janma Bhoomi Tirtha Kshetra’ trust to oversee the construction of a Ram temple in Ayodhya as ordered by the Supreme Court. Prime Minister Narendra Modi informed Parliament that the Trust will be free to take all decisions regarding the construction of the temple.
Speaking to reporters — at a post-Cabinet briefing — on plans for the Vadhavan port, Shipping Minister Mansukh L Mandaviya said, “This will be a deep draft port of 20 metres depth that can handle bigger ships.”
Diese Geschichte stammt aus der February 06, 2020-Ausgabe von The Hindu Business Line.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 06, 2020-Ausgabe von The Hindu Business Line.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Covid Presents An Opportunity For India
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Did Alternative Assets Shield You From Covid-19 Volatility?
The assets closely linked to stock and debt markets could not stave off the losses
How To Put Aircraft To Bed
Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process
There Can Be No Going Back On WFH
Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances
Centre Allows All Neighbourhood Shops To Open But With Riders
Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate
Covid Impact Relatively Muted In India
Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place
How Global Trade Will Fare Post-Covid
China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive
How To Curb Harassment In The Virtual Office
Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls