Search Result for : Urban Development

The Dollar Business Bureau The Minister for Shipping and Road Transport & Highways Nitin Gadkari, was on a two day visit to Tehran, representing the Indian Government at the inauguration and oath taking ceremony of Hassan Rouhani as the President of Iran for a second term, on 5th August, 2017.  In an interaction with Rouhani, Gadkari held wide ranging discussions on many issues including India’s cooperation in the development of Chabahar Port and proposed rail link between Chabahar & Zahedan. In the meetings, both sides positively assessed the progress in implementation of the decisions taken during the Indian Prime Minister’s visit to Iran last year, including the progress of Chabahar Port. Both sides reiterated their commitment to complete and operationalize the ...

The Dollar Business Bureau  Ajay Kumar Bhalla, the Director General of Foreign Trade will be leaving the charge of Directorate General of Foreign Trade (DGFT) on June 30.  Bhalla, a 1984 batch IAS officer of the Assam-Meghalaya cadre who earlier served as the Additional Secretary in the Ministry of Commerce, will be joining as the new Power Secretary. He will take over the new charge from Power Secretary P K Pujari, who is retiring on June 30.  “The new name for the post of DGFT has not yet been decided. It will be decided within a day or two,” sources in DGFT office told The Dollar Business.  Bhalla, who had taken the charge in October 2016, is the fourth DGFT to leave the post ...

The Dollar Business Bureau "We foresee a sharp recovery in demand this fiscal after demonetisation dealt a major blow, leading to a 1.2% de-growth last fiscal,” rating agency CRISIL said on Monday. The cement sector may see incremental demand outpace the incremental supply in the coming three fiscals due to the government’s spending on infrastructure, the rating agency said. According to the agency, incremental demand could be doubling to 48 million tonne when compared to the past three fiscals, while incremental supply is seen moderating to a fifth to 31 MT from 39 MT. Demand is likely to increase due to the government’s increase in expenditure on railways, urban development and roads the report detailed. "The industry should be able to rack up 5-6% ...

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 ...

The Dollar Business Bureau Japanese Ambassador to India Kenji Hiramatsu's meet with Union Urban Development Minister M Venkaiah Naidu, on 6 Jan 2017, proved fruitful for India's smart city aspirations. Japan articulated its interest in the urban development initiatives of the Indian Government and decided to be a partner. Chennai, Ahmedabad and Varanasi are the three cities Japan is going to assist in the process of smart city development. The MoU on cooperation in urban development, signed during the recent visit of British Prime Minister Theresa May, is also making headway following a meeting between Urban Development Minister M Venkaiah Naidu and British High Commissioner Dominic Asquith. The last few years have seen heavy investment from foreign countries in India's ambitious 'smart city' plans for ...

The Dollar Business Bureau A delegation headed by the Leocadia I Zak, Director of US Trade and Development Agency (USTDA) on Wednesday met M Venkaiah Naidu, Union Minister for Urban Development, Housing and Urban Poverty Alleviation and discussed about the smart cities mission, for which MoUs have been signed. “The discussion was centred on the three smart cities – Visakhapatnam, Ajmer and Allahabad – for which Memorandums of Understanding MoUs has been signed between the respective state governments and USTDA,” according to an official release. Naidu said that the process of selecting the smart cities (a competition between cities to be included in the mission) is very transparent, scientific and participative, and is serving as a ‘role model’ for several ...

The Dollar Business Bureau   National Institution for Transforming India (NITI Aayog) has partnered with Singapore Cooperation Enterprise (SCE) to launch an urban management programme in New Delhi. Singapore based non-profit organisation Temasek Foundation has granted an amount of SGD 851,750 to financially support the three-year programme. According to Amitabh Kant, CEO of NITI Aayog, “Urban Transformation is given first preference in National Development Agenda of India. The government has started several schemes for the development of the urban centres in the country that include Atal Mission for Urban Rejuvenation and Transformation (AMRUT), Housing for All by 2022 and 100 Smart Cities Mission. “In order to realise the vision of the government in initiating these schemes, NITI Aayog has collaborated with SCE. The programme ...

The Dollar Business Bureau   National Institution for Transforming India (NITI Aayog) has partnered with Singapore Cooperation Enterprise (SCE) to launch an urban management programme in New Delhi. Singapore based non-profit organisation Temasek Foundation has granted an amount of SGD 851,750 to financially support the three-year programme. According to Amitabh Kant, CEO of NITI Aayog, “Urban Transformation is given first preference in National Development Agenda of India. The government has started several schemes for the development of the urban centres in the country that include Atal Mission for Urban Rejuvenation and Transformation (AMRUT), Housing for All by 2022 and 100 Smart Cities Mission. “In order to realise the vision of the government in initiating these schemes, NITI Aayog has collaborated with SCE. The programme ...