Search Result for : Assam

The Dollar Business Bureau The Government of India and Asian Development Bank (ADB) on Monday signed a loan of $48 million to help the state of Assam to maintain its drive for improving the access to reliable and efficient power in the national capital. The given loan is the second tranche of multi tranche financing facility of $300 million cleared by the ADB Board for Assam Power Sector Investment Program in July 2014. The Program will help the state to augment the efficiency and capacity of its power distribution system in order to improve electricity supply to end users, said an official statement. The first tranche of $50 million loan was signed in February last year, it added. While signing the agreement on behalf of ...

The Dollar Business Bureau Patanjali Ayurved, the FMCG venture being promoted by Yoga guru Ramdev, will hire around 5000 people at its upcoming Rs 1,300-crore facility in Assam by the end of this fiscal year. Assam Chief Minister Sarbananda Sonowal laid the foundation stone of the Patanjali Herbal and Mega Food Park at Balipara in Sonitpur district. Speaking to the media, Baba Ramdev said, "The unit will give direct employment to 5000 people and benefit one lakh farmers. The complete profit from the Food Park will be dedicated for the welfare of Assam by setting up school and skill development centres in each district. The facility would incur an investment of around Rs 1,300 crore and would be ready by February 2017.” He also ...

 Source: PTI For better network and connectivity, the BSNL Assam Telecom Circle plans to lay 2,747 km cable to cover 1,010 gaon panchayats (GP) in 91 blocks and 19 districts of Assam. "Under the National Optical Fiber Network (NOFN) Project we have planned to lay 2,747 km of cable to cover 1,010 gaon panchayats (GP) in 91 blocks and 19 districts of Assam", BSNL Assam Telecom Circle Chief General Manager M K Seth said here. "As on date we have already laid 1,850 PLB pipes and more than 1,570 km of Optical Fibre Cable (OFC) completing more than 200 GPs for very high-speed data services," he said at a at a press conference . For improving the services various new equipment ...

 The Dollar Business Bureau “Railways should prioritise linking economic clusters through high-speed passenger and freight network,” said CUTS (Consumer Unity & Trust Society) International as part of its comments on the Bibek Debroy Panel report on Restructuring Railways. The non-profit went on to add that, in fact, a detailed exercise of mapping current and future economic clusters must precede the efforts of railway liberalisation. This will ensure enhanced participation of private players. For example, focus on railway investments on the feeder routes from the coal and iron ore mines located mostly in the tristate area of Chhattisgarh, Orissa and Jharkhand will help achieve greater efficiency. In addition to the above, an urgent action is required to ensure that India’s transport ...

The Dollar Business Bureau The Narendra Modi Government’s efforts to develop North-East region in terms of connectivity and trade got a major boost with the The Asian Development Bank (ADB) and the Government of India signing a $50 million loan agreement on Friday, for the second Assam Power Sector Investment Program which aims to build up the capacity of power generation and distribution systems to meet the growing energy demand in the state of Assam. So far ADB has supported Assam’s power sector since 2003 with five loans totalling $450 million, which have helped the State enact key reforms and improve transmission and distribution systems. The new loan will further support Assam to increase capacity and efficiency of power ...

 The Dollar Business Bureau The Government of Assam is fully focused at promoting business and entrepreneurship, in its upcoming first-ever Industrial Trade Fair, to be held in Jorhat from February 19–25, 2015. The event being conducted jointly by the Department of Industries & Commerce, Government of Assam, in association with the Federation of Industry & Commerce of North Eastern Region (FINER) is aimed at providing a comprehensive buyer-seller platform to promote international trade and enterprise building, with both the domestic and global markets. The major areas of focus at the event are divided into two categories-Open Cluster and Focus Sector. Under the Open Cluster category, the focus will be laid on the Materials and Construction Technology, Automobiles, Oil, Gas ...