News: Railway Minister Suresh Prabhu said his ministry will form special purpose vehicles (SPVs) with 17 states to develop railway infrastructure. According to the minister Maharashtra has decided to invest Rs 10,000 crore for next five years in this company. He also announced 250 additional trains to clear the rush ...
Read More »GPS Equipped Gujarat Buses Will Give Real Time Updates to Passengers
News: Gujarat State Regional Transport Corporation has planned to install Global Positioning Systems (GPS) in its express buses to provide real time updates to passengers. According to State Transport Minister, Vijay Rupani, GSRTC will be installing GPS in 2,200 express buses by the end of December this year. The facility ...
Read More »Ministries come together to curb child trafficking at railway stations
News: The railway and the women and child welfare development ministries have joined forces in a bid to rescue abducted and lost children and put an end to child trafficking. It’s a mammoth task, given that the Indian Railways carries 23 million people every day and that there are more ...
Read More »Maharashtra promotes afforestation through new green city policy
News: As per the National Forest Policy, 1988 the state should have a forest cover of over 33 per cent of its total landmass area. Maharashtra government has come out with a new Green City policy that lays emphasis on afforestation on private land and on those reserved for community purposes, protection and increasing ...
Read More »South China Sea: India openly backs Vietnam & others against China
News: The foreign minister V.K. Singh warned that “in a world of inter-dependence and globalization, there is no option but to follow international laws and norms”. at fifth East Asia Summit. India supported the “freedom of navigation in international waters, including the South China Sea, the right of passage and ...
Read More »Cochin Shipyard making Rs 4,357-cr ships, carriers
News: The Cochin Shipyard is building fast patrol vessels and indigenous aircraft carriers worth Rs 4,357 crore for the Defence. The orders to the Cochin Shipyard include a contract worth Rs 2,848 crore for building indigenous aircraft carriers (IAC) for the Indian Navy, Radhakrishnan said. He said 14 FPVs have ...
Read More »New GST can remove a lot of wastage: Kaushik Basu, chief economist of World Bank
News: Kaushik Basu, senior vice president and chief economist of the World Bank, has first-hand experience working in North Block having served as India’s chief economic advisor from 2009 to 2012 and his forthcoming book, An Economist in the Real World, is based on a ringside view of those India ...
Read More »Recyclers told to use local waste as government quietly slaps ban on import of electronic, PET scrap
News: India, China and Bangladesh are among the top recyclers of the world’s waste and the environment ministry had all these years generously permitted import of PET bottles by licensed recycling units in India. The ministry of environment, forests & climate change, issued order, banned import of all used plastic ...
Read More »IIT-Tirupati all set to start classes
News: A three-storey building on the sprawling campus of Krishna Teja Group of Educational Institutions on Renigunta Road has been allocated to IIT-T. “We are bringing some senior faculty members from IIT-Madras to train students here,” K.N. Satyanarayana, Professor in charge of IIT-Tirupati said. Source: TH
Read More »Lok Sabha passes bill to deal with cheque bounce cases
News: The amendments in the Negotiable Instruments Act will have implications for over 18 lakh cheque bounce cases pending in various courts, Minister of State for Finance Jayant Sinha said while piloting the Negotiable Instruments (Amendment) Bill 2015 in the House. It will help small traders, large corporates especially telecom ...
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