Gadkari says there is a lot of potential for ship building and ship repairs in the shipping industry
GN Bureau | August 12, 2017
Union minister of road transport and highways and shipping, Nitin Gadkari said the government’s commitment to develop infrastructure has bolstered the faith of investors which has resulted in 76 times oversubscription of IPO of Cochin Shipyard Ltd, a government enterprise.
The minister talked about success of the government’s economic policies, friendly approach for development, transparency and corruption free system. He said the efficiency of the government ports has increased by 2.86 percent in comparison to private ports.
Gadkari also said that in the shipping industry there is a lot of potential for ship building and ship repairs. He said, “In the next 15 days, work of 10 inland waterways will be commenced in across the country. Inland waterway is a game changer and going to reduce the logistic cost and would help industry in export promotion and creating more employment.”
He said work of 12 express highways is on and Mumbai to Vadodara Express Highway work, worth Rs 44,000 crores, will start in the next three months.
He also released a souvenir ‘Poised for Growth Trends’ in the Indian maritime sector at the function.
Contrast prime minister Narendra Modi’s first Independence Day speech in 2014 with his latest, the first in the second term, and you know the difference. His first speech was less about future and much about the basic needs like Swachch Bharat (clean India). His speech on Thursday, on the other hand,
With Mumbai city battling myriad civic issues and annual flooding year after year, stakeholders and experts came together to discuss ways of dealing with these issues as community work. The discussion was held at the TEDxVersova Salon- Vibrant Civic Participation, an independent TED event organized by the
Addressing the nation from the ramparts of the Red Fort for the first in his second term, prime minister Narendra Modi highlighted the new beginnings his government has made in recent days, and underlined the hopes of a new India in the making. “Things that could not happen in the past
India has told China that the legislation changing the status of Jammu and Kashmir was “an internal matter. External affairs minister S Jaishankar, visiting China Monday, told foreign minister Wang Yi that the legislative measures were aimed at promoting better governance and socio-ec
When considering climate change, one of the greatest threats before the humanity, discussions usually focus on air and water, but land too is affected by and in turn affects global warming as much as those two elements. A new report from the Intergovernmental Panel on Climate Change (IPCC), out early Augus
To revive bus ridership, the BMC-run Brihanmumbai Electric Supply and Transport (BEST) reduced its bus fares in Mumbai to minimum Rs 5 for non-AC buses as against Rs 8 earlier for the first five kilometres and capped maximum fare at Rs 20. For its AC buses the minimum fare has been brought down from Rs 20