Page-3 of Infrastructure Development

India’s first underwater Metro: To begin in March 2022 in Kolkata

The first underwater Metro is being constructed in Hooghly river. The project is awaiting clearance of 2.8 million USD from the Indian Railways. Highlights The Hooghly Metro is one of the oldest Metro in the country. It was started in ..

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GoI: 6th Island Development Agency meeting held in New Delhi

On January 13, 2020, Home Minister Amit Shah chaired the sixth Island Development Agency meeting in New Delhi. The meeting focused on “Green Development in the Islands to reach new heights” Highlights The meeting reviewed the work progress of the ..

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Report of Task Force on National Infrastructure Pipeline released

On December 31, 2019, Finance Minister Nirmala Sitharaman released a report of task force on National Infrastructure on Pipeline (NIP) 2019-2025. The task force was set up in order to draw up National Infrastructure Pipeline from fiscal year 2019-20 to ..

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Finance Minister announces 102 lakh crore rupees project

On December 31, 2019, Finance Minister Nirmala Sitaraman announced 102 lakh crore worth projects to be implemented in next 5 years. During the announcement, she also released the report of Task Force on National Infrastructure Pipeline for 2019-2025. Highlights The ..

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India-Japan meet to review Comprehensive Economic Partnership Agreement

On December 10, 2019, a Japanese delegation led by Japanese Minister Mr Hiroshi Kajiyama visited Minister of North Eastern Region Development. The ministers discussed different areas of cooperation that included nuclear power, technology and infrastructure. The Countries also renewed their ..

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World Bank’s 300 million USD plan to Develop Kolkata

The World Bank has submitted a master plan to develop logistics infrastructure of Kolkata metropolitan area. The bank is to invest 300 million USD in the project. The Government entities participating in the deal includes CII and the West Bengal ..

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AIIB to invest 100 million USD in solar and wind projects in India

The Asian Infrastructure Investment Bank (AIIB) which is headquartered at Beijing expects an investment of 100 million USD in India in a year. The foreign investment is to enter India through the bank in Wind and solar projects. AIIB approves ..

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Govt releases draft e-commerce policy

The government has released the draft e-commerce policy. The policy focuses on six broad issues of the e-commerce sector, which includes data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce. Features of the ..

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