Archive for October, 2011

World Bank Signs Loan Agreement Worth US$ 975 Million with Government of India

Comments Off | 10-28-2011

The World Bank today signed a US$ 975 million loan agreement with the Department of Economic Affairs, Ministry of Finance, Government of India, and the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) to set-up the Eastern Dedicated Freight Corridor-I (a freight-only rail line) that will help faster and more efficient movement of raw materials

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Rs 2100 Crore Projects to be Implemented in 36 Months: Anand Sharma

Comments Off | 10-28-2011

Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months. Minister for Commerce, Industry and Textiles Shri Anand Sharma as Chairman of the Project Approval Committee under the Scheme accorded approval to the recommendations

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Government Approves 21 New Textiles Parks

Comments Off | 10-28-2011

Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months. Minister for Commerce, Industry and Textiles Shri Anand Sharma as Chairman of the Project Approval Committee under the Scheme accorded approval to the recommendations

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MMTC Records Highest ever Trade Turnover

Comments Off | 10-28-2011

A cheque for Rs. 24.83 crore was presented today to Shri Anand Sharma, Minister for Commerce, Industry & Textiles by Smt Vijaylaxmi Joshi, Additional Secretary, Department. of Commerce and CMD, MMTC Limited towards 25% Final dividend for fiscal 2010-11. MMTC, the largest international trading company of India, at its 48th Annual General Meeting held on

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P. Chidambaram Releases NCRB Publication ” Crime in India -2010″

Comments Off | 10-28-2011

The Union Home Minister Shri. P.Chidambaram released “Crime In India-2010” a publication of national importance brought out by National Crime Records Bureau in New Delhi today. Shri N.K. Tripathi, Director General, NCRB, Smt. B. Bhamathi, Additional Secretary, MHA and Shri.P.R.K.Naidu, Joint Director, NCRB, were present during this occasion. NCRB publishes Crime in India from the

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Proposal for upscaling of the central sector scheme of Infrastructure Development for Food Processing: Mega Food Parks

Comments Off | 10-26-2011

The Cabinet Committee on Economic Affairs has approved setting up 15 new Mega Food Park Projects under the Infrastructure Development Scheme (in addition to 15 ongoing projects), involving a total Government grant of Rs. 787.50 Crore.
The setting up of 15 new Mega Food Parks will result in creation of state of the art infrastructure in

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Proposal for Dam Rehabilitation and Improvement Project approved

Comments Off | 10-26-2011

The Cabinet Committee on Economic Affairs today approved the proposal for scheme of Dam Rehabilitation and Improvement Project (DRIP) with the World Bank assistance.
Total cost of the scheme is Rs.21,000 crore (Rs.1968 crore for State component and Rs.132 crore for Central component), comprising Rs.1680 crore will be funded by World Bank, Rs.393.60 crore will be

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Over Three Kilogram Gold Coins Sold by Post Offices in Delhi on Dhanteras

Comments Off | 10-26-2011

On the occasion of Dhanteras  yesterday   three  and a half kg gold was sold by selected 23 post offices in Delhi circle. The gold coins in various denominations were available for sale as per price given against each denomination.
The price of gold coins as on 24-10-2011 (after applicable discount and 1% tax) was as follows:

Weight

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ITU Need to help Nations to Develop Country-Specific Plan for Broadband Network: Kapil Sibal

Comments Off | 10-26-2011

The Minister of Communication & IT, Shri Kapil Sibal has said that International Telecom Union (ITU) should help each nation to develop country-specific plan for broadband networks in order to achieve Millennium Development Goals (MDGs) of United Nations in time. Sh. Sibal said this while speaking in Opening Plenary Session of ‘Broadband Leadership Summit-ITU Telecom

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Augmentation of the capital base of National Bank for Agriculture and Rural Development

Comments Off | 10-26-2011

The Union Cabinet today approved the proposal for augmenting the capital base of National Bank for Agriculture and Rural Development (NABARD) by infusing Rs.3,000 crore as Government equity in two instlaments of Rs.1,000 crore in 2011-12 and Rs.2,000 crore during 2012-13.This would raise the paid up capital to Rs.5,000 crore.
Presently, the authorised capital of NABARD

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