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India to be world No 2 aviation market in 10 years: Ajit Singh news - 15 Apr 2013 - Doman BPublished On :2013-12-16 14:28:00
Striking an optimistic note amid dwindling figures for India's air
passenger traffic, civil aviation minister Ajit Singh said on Sunday that the
country would become the second-largest air traffic market in the world within a
decade, thanks to his government's open air policy.
Speaking at the official inauguration of the new airport at Nagpur in
Maharashtra, named the Dr B R Ambedkar International Airport, he said domestic
carriers flew close to 162 million passengers in 2011-12, up from 143 million in
2010-11.
Singh called for more investment in aviation infrastructure, especially
from the private sector, to help reach the government's ambition of making India
an aviation hub.
He suggested that the government may hand over the
operation and management of the Kolkata and Chennai airports to private
companies under the public-private partnership (PPP) model.
More.. News Courtesy
Proposal to shorten road project approval process gets nod - 31 Mar 2013 - LiveMintPublished On :2013-12-02 16:56:00
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Road ministry has awarded just 1,010 km of road projects in the fiscal year
up to March against the target of 9,500 km
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New Delhi: The finance ministry has accepted a proposal by the road ministry to
shorten the approval process before bids are sought in a move aimed at speeding
up projects.The changes will club projects up to Rs.500 across existing
categories, said a senior road ministry official who didn’t want to be named.
The road ministry will be responsible for appraisal and approval in a two-step
process.
The measure is among proposals that the roads ministry has pitched in its drive
to reform the project-award process to encourage greater investment in the
sector. The ministry has awarded just 1,010 km of road projects in the fiscal
year up to March compared with the target of 9,500 km.Projects up to Rs.500
crore will be appraised by one of two committees—the standing finance committee
or the expenditure finance committee—chaired by the secretary, road transport
and highways. Once approved by a committee chaired by the roads minister, bids
can be sought for the project. For projects ranging from Rs.100 crore to Rs.500
crore, the second committee will have members from the Planning Commission and
the finance ministry.
More.. News Courtesy
‘Public-private partnership essential in social sector’ - 22 Mar 2013 - Business LinePublished On :2013-03-25 11:27:00 There is a need to focus on public-private partnership (PPP) in social sector,
according to Amita Prasad, director general, Administrative Training Institute,
Mysore.
Speaking at the inauguration of the workshop on ‘PPP: Issues and
challenges’, jointly organised by the Administrative Training Institute and the
Infrastructure Development Department of the Karnataka government here on
Friday, she said that PPPs with appropriate regulations and concern for equity
should be encouraged in social sectors such as health and education.
Stating that some State governments have already taken steps in this
regard, she said the emergency medical response service – popularly known as
‘108 service’ – in Karnataka is a good example in this regard. An ambulance
rushes to help those in need when a call is made to the toll-free number 108.
More.. News Courtesy
‘Public-private partnerships vital for education sector’ - 15 Mar 2013 - Business LinePublished On :2013-03-18 11:33:00
Public-private partnerships in the Indian education sector can benefit from the
experiences of western nations, an education forum has said.
The Global Education & Skills Forum 2013 (GESF), which began yesterday, is being
organised in partnership with UNESCO, the Commonwealth Business Council, the
Government of Dubai and GEMS Education from March 14-17.
“Public-private partnerships can revolutionise education in India and facilitate
growth to help prevent millions of children missing out on quality education.
They can raise the standards of education provision in India and help meet the
demand for quality education from a growing middle class with increasing
incomes,” spokesperson for the Global Education and Skills Forum Chris Kirk,
said.
More.. News Courtesy
Railways reboots PPP programme: An offer that draws big response by private companies - 02 Mar 2013 - Economic TimesPublished On :2013-03-04 11:41:00
NEW DELHI: This is one green flag that many are not willing to let go of. Within
two months of the government issuing a note allowing companies to own and
operate private railway lines to transport goods, Indian Railways has received
investment proposals worth Rs 1,360 crore, mostly
from logistics companies and ports, an official said. He requested anonymity
since he isn't authorised to speak to the media.
Two months ago, the Railway Board asked its zonal general managers
to publicise the new policy that allows ports, mines,
logistics parks, etc, to construct and own private rail lines. So far,
ports at Dhamra, Rewas and Astranga have submitted
proposals to the railway ministry. Several other companies in the ports and
mining segments have also shown an interest in building railway lines stretching
over 26-67 km.
This is the first time the ministry has come out with a policy inviting private
firms to build and also own private railway lines. Prior to 1947, the railways
were aclutch of 42 networks of which 32 were operated by private companies owned
by the princely states. After Independence, all of them were nationalised to
form what is today known as the Indian Railways.
More.. News Courtesy |
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