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December 2018
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Kohli booed by Australian fans, Head, Ponting critical of crowd behaviour        Pujara, Rahane put India in driver's seat        Prabhu links creativity & business opportunities to cheap beverages in Goa        Merkel gets boost with ally's party win        Rouhani warns weakened Iran less able to fight trafficking        More than 225 terrorists killed in J&K so far this year: Army        Glad key people shedding fear, breaking silence on govt decisions: Chidambaram        Modi used surgical strikes for 'political capital': Rahul        Krishnamurthy Subramanian appointed as Chief Economic Advisor for 3 years        Indian Super League: Kerala Blasters' Hopes Hanging By A Thread After Defeat Against Pune City        31st GST Council to meet on Dec 22 in Delhi        Trump may nominate Heather Nauert as UN Ambassador: Reports        Qatar injects more cash into Gaza for Hamas employees        TN Governor meets Modi, discusses issues of state        Rajasthan records 74 per cent turnout        Start is Good, Need to Carry Momentum in World Cup: Sardar Singh        Man Utd fight back again but Arsenal extend unbeaten run in four-goal thriller        Cabinet Approves Policy to Double Farm Exports to $60 Billion by 2022        Singer Mika Singh Detained in Dubai for Sending Obscene Messages to 17-year-old: Reports        Conditions Met for Assange to Leave Embassy in London, Says Ecuador President        
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Business News
Gadkari invites UAE investors for infra development
 
New Delhi/Dubai, Oct 30 (PTI) Inviting UAE investors to join hands with India and be part of its infrastructure growth story, Union Minister Nitin Gadkari today said two mega initiatives worth Rs 24 lakh crore - Sagarmala and Bharatmala - are going to be game changers.

Addressing the India-UAE Business Summit in Dubai via video conferencing, the highways, shipping and river development minister said India is also keen to attract investors from UAE for the Clean Ganga Mission and projects related to it.

"India shares a good relation with UAE. A lot of the stakeholders from UAE are investing in India... Prime Minister has taken a great bold decision to start Bharatmala wherein we are planning to start projects worth Rs 8 lakh crore within 2 years," he said.

"These are important projects related to border connectivity, internal ring roads, tribal areas, tourism...

There is huge potential available," he added.

Gadkari informed investors that in an ambitious initiative, Sagarmala, "we are expecting the investment of Rs 16 lakh crore including Rs 4 lakh crore for port road connectivity and modernisation of ports.

"We have started work worth Rs 1.6 lakh crore in the port sector. Investors have huge opportunity and should join hands with us".

In Sagarmala, the government has planned for 14 industrial clusters and special economic zones which are going to accelerate the economy, he said.

He said the ministry in JNPT, one of the 12 major ports in India, is planning for special economic zone where it is expecting investment of Rs 6,000 crore besides creation of 1.25 lakh jobs.

"We have a huge Clean Ganga Mission. Cities on banks of Ganga are polluting its water. We are going to start work on projects to clean the river before March next. There are various projects worth Rs 4,000 crore... I request all of you (investors) in Dubai to take up projects. We are developing websites for it, all detailed project reports are ready," he said, adding that they could also sponsor and maintain a project for 15 years.

He said investors could also help Clean Ganga Mission by donating for it.

Stressing that there was remarkable presence of the UAE companies in India, he said the government was interested in investments from there, especially in the infrastructure sector which has been accorded the topmost priority.

He said the road building pace was bound to reach 40 km a day shortly, from 23 km currently, adding that it was barely 2 km a day when the BJP government had taken over.

"In highways sector alone we have awarded more than 35,000 km of highways construction. We are making express highways, green express highways," he said.

Besides, he said the government has plans to develop 101 rivers into waterways and work on 10 such stretches will begin shortly.

"We are working on Ganga, Brhamaputra and some other rivers and by end of this year we will start work on 10 inland waterways in the country. We have 20,000 km of river length.

Ganga work has already financed by World Bank with Rs 5,000 crore assistance and we are developing three multimodal hubs at Varanasi, Sahibganj and Haldia," he said.

He said exports will start from these multimodal hubs and there would also be 40 river ports in addition to cruise tourism in Ganga.


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31st GST Council to meet on Dec 22 in Delhi
Cabinet Approves Policy to Double Farm Exports to $60 Billion by 2022
RBI keeps key rates unchanged
NTPC wins 85 MW solar capacity in UP Govt tender
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New 2018 Maruti Suzuki Ertiga Launched In India, Prices Start At ? 7.44 lakh
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Sensex rebounds 332 pts on easing crude, rupee gains
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India invites Swedish companies to explore investment opportunities
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SBI back in black on credit growth
TN transport employees threaten to go on strike
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KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim  
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
INTERNATIONAL NEWS
Merkel gets boost with ally's party win
 Hamburg, Dec 8 (AFP) The victory in a party leadership battle of a close ally of Angela Merkel great
Rouhani warns weakened Iran less able to fight trafficking
Trump may nominate Heather Nauert as UN Ambassador: Reports
Qatar injects more cash into Gaza for Hamas employees
NATIONAL NEWS
More than 225 terrorists killed in J&K so far this year: Army
 Kapurthala (Punjab), Dec 8 (PTI) More than 225 terrorists have been killed in Jammu and Kashmir so f
Glad key people shedding fear, breaking silence on govt decisions: Chidambaram
Krishnamurthy Subramanian appointed as Chief Economic Advisor for 3 years
TN Governor meets Modi, discusses issues of state
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