Search Result for : M Venkaiah Naidu

Naidu launches MSEFC portal and MyMSME app, for MSME sector

The Dollar Business Bureau Urban Development, Housing & Urban Poverty Alleviation Minister M. Venkaiah Naidu launched two important initiatives of the Ministry of Micro, Small and Medium Enterprises (MSME), viz. Micro and Small Enterprises Facilitation Council (MSEFC) portal and MyMSME Mobile App on the occasion of the 15th meeting of the National Board for MSME on Thursday. Minister for MSME Kalraj Mishra, Minister of State for MSME Giriraj Singh and Minister of State for MSME Haribhai Parthibhai Chaudhary were also present at the occasion. Speaking on the occasion, Kalraj Mishra said that MSEFC portal on http://msefc.msme.gov.in would facilitate implementation of the delayed payment provisions of the MSMED Act 2006 and also assist in monitoring of delayed payment cases. This online platform is expected to ...

MP govt inks Indias lowest-tariff solar power park

The Dollar Business Bureau The Madhya Pradesh state government formally signed strategic agreements to fuel India’s ambitions of cheaper solar tariff. A formal function at Delhi, presided by Piyush Goyal, Union power minister, Shivraj Chouhan, Chief Minister of Madhya Pradesh and Venkaiah Naidu, Union Minister for Urban Development, saw signing of deals for the Rewa Ultra Mega Solar Park (RUMSP). RUMSP is a joint venture between the Madhya Pradesh Urja Vikas Nigam Limited and Solar Energy Corporation of India Limited, aimed at a 1,590 acre solar park in the Gurh tehsil of Rewa district. Official release from the ministry as well as International Finance Corporation (IFC), a World Bank affiliate confirmed the development. IFC, the official transaction and auction advisor, shared in an ...

NBCC to execute housing projects worth Rs.130 crore in Mauritius

The Dollar Business Bureau State-run construction company NBCC Ltd will execute housing projects worth Rs.130 crore in Mauritius. NBCC (India) Ltd, which is managed by the Ministry of Urban Development, will build 700 duplex-type homes with 50 square metre net floor area in one-and-a-half year time in Mare Tabac and Dagotiere of Mauritius. In this regard, a Memorandum of Understanding (MoU) was signed on Monday in the presence of M Venkaiah Naidu, India’s Urban Development Minister, and Showkutally Soodhun, Vice Prime Minister and Minister of Housing and Lands of Mauritius. Earlier in March, NBCC had signed an agreement for constructing a new building for Supreme Court in Port Louis at an investment of Rs.220 crore in 2 years. The Government of India has sanctioned $353 million as ...

Union Budget 2017 to push affordable housing sector: Naidu

The Dollar Business Bureau Underlining the Union Budget 2017 as “peoplisitc” and not "populist", Urban Development Minister Venkaiah Naidu on Thursday said the government has made all-out attempts to strengthen the country’s infrastructure sector, through granting infrastructure status and giving concessions to affordable housing sector, and feels that these developments will give a considerable push to the affordable housing sector.  "The Union finance minister has kept before the country a progressive and lokpriya (popular) budget. But, it is not populist, rather peoplistic -- people-oriented, not election-oriented. The Union Budget amply reflected the Centre's inclusive development plan and gives "significant" push to affordable housing,” Naidu said.   “Budget for 2017-18 has made house buyers king by incentivising developers and catalysing investment flow by announcing several ...

Govt to spend Rs. 16k cr in the next 5 yrs on airport infrastructure

Niladri Nath The government is now working on a national level plan to make unused airstrips operational again, which will offer easy air connectivity to the people who are living in far-flung areas of the country. For this, the government will be spending Rs.16,000 crore in the next five years to upgrade the airport infrastructure, said Civil Aviation Secretary R. N. Choubey on Friday.   Choubey was speaking at the Aviation Summit 2017, jointly organised by Ministry of Civil Aviation, government of Andhra Pradesh and Federation of Indian Chambers of Commerce and Industry (FICCI) in Vijaywada city of Andhra Pradesh. “We want to increase the number of air passengers to such a level that in the next five to seven years, India will become the third ...

Venkaiah lays foundation stone of BEL's optics mfg facility

PTI Andhra Pradesh Chief Minister N Chandrababu Naidu and Union Information and Broadcasting Minister M Venkaiah Naidu on Monday laid the foundation stone for the long-delayed Bharat Electronics Limited's new optics manufacturing facility at Nimmaluru village near here. BEL, which has a similar facility in Machilipatnam town, wanted another 50-acre site for expansion of its activity and made a request to the state government way back in 2008. After clearing several hurdles, the state government finally allotted the required land to BEL in April this year. This will be the largest night vision equipment manufacturing facility in the country. BEL will manufacture futuristic optical, night vision and soldier surveillance devices at a cost of Rs 300 crore ...

BRICS conference on urban transition to begin on Wednesday

PTI Ministers and experts from BRICS countries will discuss the transition and challenges they face in urbanisation during a three-day conference which will begin on Wednesday in Visakhapatnam. Union Urban Development Minister M Venkaiah Naidu will inaugurate the conference on 'Urban Transition in BRICS', which seeks to promote cooperation among member countries in the urban sector.Andhra Pradesh Chief Minister N Chandrababu Naidu, ministers from other BRICS nations, besides a large number of urban planners, experts and members of the academia will attend the conference, an official release said.The conference will discuss and evolve a common agenda for BRICS (Brazil, Russia, China, India and South Africa) countries to be presented at the HABITAT-III Conference which will be held in Quito, the capital of ...

Concor opens port side container facility at Krishnapatnam Port

The Dollar Business Bureau Krishnapatnam Port has opened a new port side container facility of the Concor (Container Corporation of India). The new facility will help in the growth and expansion of the container terminal at the port. This will support in keeping the quality intact of the cargo and also in efficient and safe transportation. Suresh Prabhu, Minister for Railways, along with the Union Urban Development Minister M Venkaiah Naidu inaugurated the port side container facility, construction of a grade separator, crew running room at Krishnapatnam Port. Concor has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to start three Multi-Modal Logistics Parks (MMLP), situated at Krishnapatnam, Vishakhapatnam and Kakinada. Concor has continuous service of train to and from the ...