User: ifinews Topic: IFIs
Category: adb :: all
Last updated: Aug 06 2018 22:00 IST RSS 2.0
 
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'Govt trying to start 5 river inter-linking projects in FY19': Union Minister Nitin Gadkari 6.8.2018 DNA: Money
The government is trying to start work on five river inter-linking projects in the current fiscal and secure financial assistance from the World Bank and the ADB for the Rs 2 lakh crore project, Union Minister Nitin Gadkari said today. "We are making efforts that work on all these five projects starts by March in the current financial year itself," the Minister for Water Resources, River Development and Ganga Rejuvenation said during Question Hour in the Rajya Sabha. Gadkari further said a cabinet note has been moved seeking to accord recognition to it as a National Project. Minister of State for Water Resources Arjum Ram Meghwal said the delay in implementing the river inter-linking projects was due to projects like the Manas-Sankosh-Teesta- Ganga being connected to Bhutan, Kosi-Mechi and Kosi-Ghaghara to Nepal. He said that the government can move forward only when the issue of storage is resolved. Under the Himalayan Component of the National Perspective Plan for Water Resources Development, six links ...
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Govt serious about inter-linking of rivers: Gadkari in RS 6.8.2018 Central Chronicle
New Delhi, The Central government was serious about inter-linking of rivers.It is making efforts to finalise at least five links by the end of the year, Minister for Water Resources, River development and Ganga Rejuvenation Nitin Gadkari said in the Rajya Sabha here on Monday. Replying to supplementaries during Question Hour, the Minister said the Inter-Linking […]
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Visakhapatnam-Chennai Industrial Corridor 23.7.2018 Govt of india: PIB
The master planning of two nodes of Visakhapatnam-Chennai Industrial Corridor (VCIC) is under way namely (i) Visakhapatnam and (ii) Yerpedu-Srikalahasti. This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha today.
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ADB accords approval for lining project of the Son canal in Shahabad – Bhojpur region of Bihar; it will bring help agri-sector immensely in the region 9.7.2018 Govt of india: PIB
Shri RK Singh takes review of the project in a meeting; says tenders should be issued by the first week of October
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Six killed, 8 hurt as autorickshaw hit by Tipper 3.7.2018 Central Chronicle
Kakinada, Six persons were killed and eight others injured when the autorickshaw in which they were travelling was hit by a speeding Tipper near ` Ayidu toomulu ‘center on the outskirts of Samalkot town along the Kakinada-Rajanagaram ADB road in the wee hours of Tuesday. Police said that while four people were killed on the […]
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Maximum benefits to poorer section during BJP rule: Saikia 30.6.2018 The Assam Tribune
Maximum benefits to poorer section during BJP rule: Saikia
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Leading sovereign wealth funds mull investment in infrastructure projects in Maharashtra 26.6.2018 DNA: Recent Columns
Leading sovereign funds from Abu Dhabi, China, Norway, Saudi Arabia and Kuwait have evinced interest to pick up equity or provide fund or both in a couple of infrastructure projects in Maharashtra. The state government has held talks with Abu Dhabi Investment Authority for equity and project finance for the Rs 46,000 crore Mumbai Nagpur Super Communication Expressway and Rs 25,000 crore Dharavi slum redevelopment project. Abu Dhabi Investment Authority may invest up to $5 billion in these two key projects being aggressively pursued by the state government. State Chief Minister Devendra Fadnavis said that sovereign wealth funds, as well as multilateral development banks including World Bank, Asian Development Bank and Asian Infrastructure Investment Bank (AIIB), are being tapped for equity investment as well as project finance. "In the present situation, investment in government promoted projects is the safest one. The government has already lined up finance from a couple of banks for the Mumbai Nagpur ...
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India is a sweet spot where the rule of law prevails to attract investments: Goyal 25.6.2018 Central Chronicle
New Delhi, Union Minister for Railways, Coal, Finance and Corporate Affairs Piyush Goyal said that India is looking forward to investments in 9 more projects from Asian Infrastructure Investment Bank after having picked up almost 28 per cent of the bank’s total lending so far of US$ 1.4 billion for 7 projects. Mr Goyal was addressing […]
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India to look forward for investments in 9 more projects from Asian Infrastructure Investment Bank (AIIB), says the Union Minister of Railways, Coal, Finance and Corporate Affairs, Shri Piyush Goyal 25.6.2018 Govt of india: PIB
The Union Minister for Railways,Coal,  Finance and Corporate Affairs, Shri Piyush Goyal  said that India is looking forward to investments in 9 more projects from Asian Infrastructure Investment Bank after having picked up almost 28% of the bank’s total lending so far of US$1.
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MMRDA seeks Rs 3,900 crore loan from AIIB 24.6.2018 DNA: Popular News
The Metro-4 corridor connecting Mumbai and Thane, known as Wadala-Thane-Kasarvadavli corridor, may get an increased loan amount of around Rs 3,900 crore from the Asian Infrastructure Investment Bank (AIIB).  Representatives from Mumbai Metropolitan Region Development Authority (MMRDA) are likely to have a round of discussion with AIIB as its officials are scheduled to visit the city for its third annual meeting starting Monday. The AIIB has already given an in principle approval for funding the Rs 14,000 crore project but several modalities relating to the interest rates of loan and several terms and conditions for the loan need to be worked out. Discussions in the coming week is said to be on the lines of the same in order to finalise a loan agreement in the coming days. According to MMRDA officials, loan amount sourced via AIIB will only be used for buying Metro trains (rolling stocks) and the civil construction will be self financed by MMRDA from its kitty. RA Rajeev, Metropolitan Commissioner told ...
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Sea erosion reported from Udyavar, Marvanthe 22.6.2018 Hindu: Diet & Nutrition
Sea erosion has been reported from Udyavar-Padukere and Marvanthe in Udupi district. The threat owing to sea erosion is to the road which runs along t
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Work on widening Kaliamman Koil Street is under way 15.6.2018 Hindu: Fitness
The compound wall of a Metro Water facility on the Street has been razed to the ground
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Pact with ADB, JICA 12.6.2018 Hindu: Rx
The State government has accorded administrative sanction for spending ₹6,448 crore to improve roads under the Chennai-Kanniyakumari Industrial Corri
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Conrad for channeling youthful energy and enthusiasm 9.6.2018 Meghalaya Times

Staff Reporter
SHILLONG, June 09: Chief Minister, Conrad Sangma is all for channeling the energy and enthusiasm of the youth in Meghalaya for the creation of scope and opportunities for the state.
Speaking the convocation ceremony of the Computer and Language Trainees at Ramakrishna Mission, Vivekananda Cultural Centre here on Saturday, Conrad said, “The energy and enthusiasm the youth has need to be tapped and channelized in a right direction and stated that if the policy makers can channelize those and use it in a constructive manner, it will create a whole lot of scope and opportunities for the State and the nation to grow as well.”

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External borrowing by govts. a huge burden on people: NAPM 9.6.2018 Hindu: Diet & Nutrition
‘Easy loans by international banks damaging national policies’
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Use riders with term life plan to enhance protection 5.6.2018 DNA: Bangalore
Use riders with term life plan to enhance protection
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CRAM stresses on negative impact of dev projects, urges Govt to revoke unsustainable dev models 5.6.2018 Manipur: E-Pao
CRAM stresses on negative impact of dev projects, urges Govt to revoke unsustainable dev models
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Govt keeps FY19 GDP growth estimate unchanged at 7.5% 31.5.2018 General News
Buoyed by India retaining its fastest growing economy tag, the government today said it is keeping its forecast of GDP growth of 7.5 per cent for fiscal year 2018-19 unchanged. Finance Minister Piyush Goyal said the 7.7 per cent GDP growth in the fourth quarter of 2017-18 showed the economy was on right track for higher growth in the future. The growth surpassed China's 6.8 per cent expansion in the January-March period. "GDP growth has been increasing continuously every quarter with growth of 7.7% in Q4 of 2017-18. Shows that the economy is on the right track & set for even higher growth in the future. This is the #SahiVikas under leadership of PM," Goyal tweeted. Speaking to reporters soon after GDP data for Q4 and 2017-18 was released, Economic Affairs Secretary Subhash Chandra Garg said the government is not cutting its FY19 growth forecast of 7.5 per cent. In 2017-18, the economy had grown by 6.7 per cent. He said he did not see any co-relation between oil prices and GDP ...
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ADB approves loan to improve Madhya Pradesh's irrigation system 31.5.2018 Sify Finance
The Asian Development Bank (ADB) said on Thursday that its Board of Directors has approved a $375 million (Rs 2,529 crore approximately) loan for a project that will contribute to doubling farming incomes in Madhya Pradesh by expanding irrigation networks and system efficiency.
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ADB approves loan to improve Madhya Pradesh's irrigation system 31.5.2018 All News-IANS Stories
The Asian Development Bank (ADB) said on Thursday that its Board of Directors has approved a $375 million (Rs 2,529 crore approximately) loan for a project that will contribute to doubling farming incomes in Madhya Pradesh by expanding irrigation networks and system efficiency.
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