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Govt plans a data overhaul for a clearer picture of the economy

The focus is to capture economic activity more accurately, particularly in the unorganised sector.

land acquisition process

Jan 19, 2020, 06.26 PM IST

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LAND ACQUISITION PROCESS

SC agrees to hear pleas against land acquisition process for bullet train project

The Supreme Court on Friday agreed to examine a batch of pleas filed by farmers against the Gujarat High Court verdict which had dismissed their petitions challenging the process of land acquisition for the ambitious Ahmedabad-Mumbai bullet train project.

Change to state land laws may make M&As in IT parks smooth

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  • NHAI plans to seek amendments in the National Highways Act to acquire more land to create land banks.

    The sales of Jaguar brand were at 1,61,601 units during the month, down 10.6 per cent, while Land Rover sales witnessed a dip of 3.8 per cent during the year as compared with 2018, Tata Motors said in a regulatory filing.

    Retail sales stood at 557,706 vehicles in 2019, hit by a 13.5% slump in China, but in the last six months the firm reported double-digit growth in the country, with overall company sales up 1.3% in December. "2019 was a year of two halves," said Chief Commercial Officer Felix Brautigam.

    The bids have offered very little upfront cash or are unworkable in the current form, said bankers.

    Taking to Twitter, Baijal said it was a major step for conferring ownership rights to the residents of these colonies, adding that the move would pave the way for smooth implementation of PM-UDAY (PM Unauthorized Colonies in Delhi AwasAdhikar Yojana).

    As the government plans to more than double the investment in the infrastructure sector to about Rs 100 lakh crore over the next five years, the construction companies are likely to witness significant opportunities with key segments being highways, railways, ports, urban infrastructure and airport.

    The high-resolution maps being prepared by the Survey of India will lead to complete digitisation of land records in India. This is going to be a giant leap for the country. The current maps have been made on a 1:50,000 scale. The new maps will offer 1:500 resolution, meaning 1 cm on the map will represent 500 cm on the ground.

    The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of such 1,635 projects, 377 projects reported cost overruns and 565 projects time escalation.

    Coal ministry data shows mine plans of eight blocks have yet to be approved as they are awaiting action from block operators. Environment clearances are pending for another 27 blocks. These blocks were either auctioned or allotted to PSUs after Supreme Court cancelled 204 blocks in 2014.

    NHAI has begun the process of prioritising projects based on their financial viability and this exercise is part of the same strategy

    India has probably leapfrogged many of our peers in creating world-class real-time payments architecture.

    The National Company Law Tribunal (NCLT) ordered the commencement of a corporate insolvency resolution process of ReGen Powertech on December 9, the interim resolution professional said in a notice dated December 13 in the Times of India.

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