Govt facilitating freight infrastructure development at railway yards

Parliament was informed last week that with a view to develop freight terminals through private investment, the Ministry of Railways has launched following schemes: Private Siding – The private siding policy enables rail connectivity at the party’s doorstep, i.e. factory premises and raw material producing areas, and also connects manufacturing hubs with markets across the country.
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The Government needs to look into the problems being faced by exporters shipping consignments to Iran in view of the increasing threat of US economic sanctions against the Persian Gulf nation, FIEO said recently. Federation of Indian Export Organisations (FIEO) President Mr. Ganesh Gupta said that the rupee account currently used for payment settlement has
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NEW DELHI: The Road Transport and Highways Ministry has increased the permissible load carrying capacity for trucks and tractors that are already plying by 20-25% to the same capacity as the Ministry had mandated for new heavy vehicles registered. On July 16, the Ministry issued a statutory order increasing the load carrying capacity of heavy
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With the aim to boost domestic manufacturing and create employment opportunities, the government has doubled the import duty on 328 textile products to 20 per cent. A notification to this effect was tabled by the Minister of State for Finance, Mr Pon. Radhakrishnan, in the Lok Sabha. The notification seeks to “increase Customs duty on
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NEW DELHI: Basmati Rice exporters have sought the intervention of the Centre to take steps to resume export to Saudi Arabia. Saudi Arabia, the second largest importer of basmati halted Rice imports from India since June for non-compliance with its new stringent maximum level of pesticide residues in food items. Indian authorities are set to
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NEW DELHI: The Government is taking legislative as well as administrative measures for an integrated strategy to reduce logistics related hurdles for boosting domestic and global trade, Commerce Minister Suresh Prabhu said recently. High cost of logistics impacts competitiveness and movement of goods, he said. The Indian logistics industry is estimated at around USD 215
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With the financial implication estimated at Rs 1.44 lakh crore, projects for constructing 6,320 km of roads have been awarded under the first phase of the Bharatmala project, the government has said. Elaborating, the Road Transport and Highways Minister, Mr Nitin Gadkari, has said that the total investment for Bharatmala is expected to be around
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The transporters strike, called by the All India Motor Transport Congress (AIMTC) from July 20, was called off last week after the government promised a review of several issues, including those related to third-party insurance, e-Way Bill and other matters pertaining to GST implementation. In a joint statement, the Ministry of Road Transport and Highways
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The government is in plans to shift the Land Ports Authority of India (LPAI), engaged in the development of land ports at borders, from the Home Ministry to the Department of Commerce to coordinate logistics-related works and promote trade, it is learnt. The proposal to shift LPAI was mooted by the Commerce Ministry. The Department
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AHMEDABAD: In a bid to further promote the success of its investment-cum-trade platform, the Gujarat Government will for the first time showcase the status of pacts signed during the past summits at the upcoming ninth edition of Vibrant Gujarat Summit 2019. The biennial summit, to be held on January 18-20, has shifted from being merely
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