Posts Tagged ‘foreign direct investment India’

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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Consent to the increase in India’s quota in the International Monetary Fund

Comments Off | 10-26-2011

The Union Cabinet today approved the increase in India’s quota in the International Monetary Fund (IMF) as a result of the Fourteenth General Review of Quotas.
When the Fourteenth General Review of Quotas becomes effective, it will result in a major realignment of quota shares among members to better reflect the global realities. All the BRIC

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RBI’s Today Monetary Policy Announcement would help in getting us back to a more Comfortable Inflation Situation soon: FM

Comments Off | 10-26-2011

The Union Finance Minister Shri Pranab Mukherjee has said that the today’s monetary policy announcement by Reserve Bank of India (RBI) would help in getting us back to a more comfortable inflation situation soon while leaving scope for growth to pick up in the second half of current fiscal year. The Finance Minister Shri Mukherjee

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Establishment of a Regional Centre for Biotechnology

Comments Off | 10-26-2011

The Union Cabinet today approved the enactment of the requisite legislation for establishment of the Regional Centre for Biotechnology Training and Education under the auspices of UNESCO.
Taking into consideration the fact that modern biotechnology has been recognised globally as a rapidly advancing science wherein molecular techniques and process are employed to develop health care solutions

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Mysore & Vijayawada Bag ESCA 2011 Awards, Govt. Taking Steps to Create Viable, Vibrant and Inclusive Cities Says Kamal Nath

Comments Off | 10-16-2011

Mr Kamal Nath, Minister of Urban Development, Govt. of India gave away the Environmentally Sustainable City Awards (ESCA), 2011 to the cities of Mysore and Vijayawada at the 5th Euro-India Summit on 13 October 2011 at Leuven, Belgium.
Speaking at the Summit, Minister Nath emphasized the growing infrastructure and urbanization challenges being faced by India and

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New Categories of Generic Top Level Domains to be Introduced for Brands, Communities and Cities

Comments Off | 10-16-2011

New Generic Top Level Domains (gTLDs) will be introduced by Internet Corporation for Assigned Name and Numbers (ICANN) for the categories of Brands, Communities and Cities and Regions. Applications for the first round of new gTLDs will open on January 12, 2012 and run until April 12, 2012. During this time frame, organizations will be

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