REPLACE MULTI-MODAL TRANSPORTATION OF GOODS ACT
Focus: GS-III Industry and Infrastructure Why in news? The Commerce Ministry is considering replacing the Multi-Modal Transportation of Goods Act (MMTG) with a full-fledged national logistics law with a view to promote growth of the sector. National Logistics Efficiency and Advancement Predictability and Safety Act (NLEAPS) is under consideration and this law tends to define […]
CHAMBAL EXPRESSWAY PROJECT
Focus: GS-III Industry and Infrastructure Why in news? Union Minister for Road Transport & Highways and MSME reviewed the proposed Chambal Express Project. Highlights Land acquisition should cater to the development of way side amenities besides industrial and commercial clusters with potential for having smart cities, mandis, humar haats etc on both sides. Apart from […]
LONG-AWAITED DSDBO ROAD NOW UPSETS CHINA
Focus: GS-III Industry and Infrastructure, GS-II International Relations Why in news? Darbuk-Shyok-Daulat Beg Oldie (DSDBO) road joining Leh to the Karakoram Pass has been in the making for around two decades and is expected to be completed by 2020. Details The road from Darbuk traverses at an altitude of 14,000 feet and reaches Shyok, the […]
GREENFIELD EXPRESSWAY TO AMRITSAR DEMAND
Focus: GS-III Industry and Infrastructure, Prelims Why in news? Union Minister for Road Transport & Highways and MSMEs Shri Nitin Gadkari announced the development of a new Greenfield connectivity to Amritsar City from Nakodar on 2nd June, as part of Delhi-Amritsar Expressway. Significance of this Delhi-Amritsar Expressway This greenfield alignment will not only provide shortest […]
INDIAN RAILWAYS PRODUCES HIGH HORSE POWER LOCOMOTIVE
Why in news? The First 12000 HP made in India Locomotive, manufactured by Madhepura Electric Loco Factory situated in Bihar, was put into operation by Indian Railways. Significance! It is the first time, high horse power locomotive has been operationalised on broad gauge track in the world. Proud moment for Indian Railways, as it became 6th country […]
ELECTRIC VEHICLE ECOSYSTEM’S TAKING SOLID SHAPE IN INDIA
The number of electric cars grew by about 300% in the last decade The absolute number is only around 4,000 electric cars on Indian roads, which is just about 0.1% of close to 3.5 million cars sold in the last year India is a market that provides a tremendous opportunity in the EV space Government […]
A JOLT TO NATIONAL ENERGY SECURITY
Why in news? The Finance Minister announced the reform of power tariff policy — announced as part of the stimulus package following the pandemic. DISCOM troubles These proposals have to be seen in the context of a continuing centralisation of control over the sector whose main impact in the last 25 years has been to […]
SHEKATKAR COMMITTEE RECOMMENDATIONS
Why in news? The Government has accepted and implemented three important recommendations of Committee of Experts (CoE) under the Chairmanship of Lt General D B Shekatkar (Retd) relating to border Infrastructure. These were related to speeding up road construction, leading to socio economic development in the border areas. Details of what was accepted: On the […]
GOVT. PLAN TO SELL AIRPORTS MAY FIND FEW TAKERS
Why in news? The government’s move to raise capital by privatizing half a dozen airports through 50-year concessions might find few takers when the aviation industry is facing acute financial stress, industry experts said. Very few serious bidders = No Fair value It is expected that if the government proceeds with the privatization plan, it […]
RERA CAN RESTORE TRUST BETWEEN BUYER AND SELLER
Why in news? The 3rd anniversary celebrations of RERA, through webinar, was held on 16th May 2020. Views of Minister of Housing and Urban Affairs One of the principal objectives of RERA is to help restore the trust between a buyer and the seller and this trust can only be restored by the true and effective […]