Adjusting for the first 20 days of April 2020 wherein no construction activity was allowed, the execution per day saw a growth of 21% to 30.5 km/day in the first nine months of the current fiscal from 25.2 km/day in the same
Of the total 103 leases allocated, 37 are iron ore, 30 limestone, six iron ore & manganese, seven bauxite, five leases each for graphite and manganese, six gold, three chromite, two leases each for copper and diamond.
Kamdhenu will initiate talks with the private equity players soon after getting various statutory approvals, including the one from the National Company Law Tribunal (NCLT), for the paints business demerger plan.
While approving the scheme, the Cabinet had, on December 9, scaled down the estimated outlay for ABRY to Rs 1,584 crore for 2020-21. The scheme's outlay for 2021-22 is Rs 3,130 crore, as per the Budget presented on Monday.
Union Budget 2021 India: A total of 322.11 crore person days of work have been created under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGS) so far in the current fiscal with a total expenditure of Rs
“This is because, by doing away with the ADD and CVD with effect from February 2, the government has clearly sent out a message to the steel industry that they can not raise prices at their free will, inflating the cost of
“Currently, the Jajpur plant has 1.1 mtpa capacity. We will start working on the expansion sometime this year to increase the capacity to two mtpa in three years,” JSL’s managing director Abhyuday Jindal said.
In case, the lessee fails to maintain the minimum dispatch criteria for three consecutive quarters, “the state government may terminate such lease after giving a reasonable opportunity of being heard.”
A senior NHAI official said total highway project awards in the current fiscal could be in the range of 4,800-5,200 km, higher than the 4,500-km orignal target the authority had set for itself for the current fiscal.
“Let the comments come,” labour secretary Apurva Chandra said when asked whether the government will pay heed to suggestions that some activity under the manufacturing sector should also be given flexibility to work from
Sources said the union labour ministry has decided to appoint legal advisors soon, mandating them to examine whether the state laws are in sync with the central codes. If the harmony is found to be lacking, then states will b
Sources said the Cabinet also gave the go-ahead for reallocation of several non-producing blocks of the state-run companies, a move that could also enthuse the private players as many of these blocks have abundant proven reso
The saving grace for the new chairperson, currently the company’s director-commercial, however, is the sharp rise in steel prices and its possibility of holding at the elevated level on the back of higher demand and iron or
Gadkari has been vocal against the steel firms for raising prices by 55% in the last six months. The minister had also written to the Prime Minister Narendra Modi seeking his intervention to arrest the trend.
This fiscal, we (the SPV) need to borrow a little less than Rs 10,000 crore, but we already have got offers for Rs 29,000 crore from banks and financial institutions. It shows the success of the SPV model. We will see who off
A second hike during the month, on the back of buoyant domestic demand, was largely anticipated since the domestic HRC prices, even after the first hike in December, were at a 6% discount to import parity prices from China. A