Indian steelmakers such as JSW Steel, Tata Steel, and Steel Authority of India have lobbied for more measures to protect them from cheaper imports from China, Japan and South Korea.
Even today, some parts of North East and Odisha are not connected by rail network.
The Department of Investment and Public Asset Management is scouting for merchant bankers to manage the initial public offering (IPO) of the three PSUs, which is under the administrative control of the Rail Ministry.
Construction company Gammon India's income from operations declined to Rs 717.56 crore. It had logged an income from operations of Rs 818.83 crore for the year-ago period.
For the transport sector as a whole, including railways, road, shipping, the government has made a provision of Rs 2.41 lakh crore in 2017-18.
Earlier this month, Tata Realty and Infrastructure had expressed interest in taking 10 per cent in Swan LNG Pvt Ltd that is setting up the Floating and Regasification Unit (FSRU) near Jafrabad in Gujarat.
The capital expenditure target is Rs 1.21 lakh crore and likely to go upto Rs 1.51 lakh crore for the next fiscal.
The Prime Minister today laid the foundation stone for redevelopment of Gandhinagar railway station, which will get a face-lift at a cost of Rs 250 crore and will have a 300-room five star hotel built atop.
According to ICRA Research's estimates, the total value of 75 projects proposed to be awarded through the TOT is estimated at Rs 356 billion.
The government said that it would meet its highway construction target of 15,000 km for the current fiscal.
"Developmental works of over Rs 1.06 trillion are getting started in a single city at a single event. This will be a big milestone in the city's history," PM Modi said at a public rally.
Railways have revised the flexi fare structure in premier trains by offering 10 per cent rebate on vacant berths after finalisation of the reservation charts.
In May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, among others, imported from China
According to the proposal, a safety cess will be levied to generate funds for strengthening track and upgrading signalling system and elimination of unmanned level crossings among other safety-related works to prevent mishaps.
The projects in question, each worth Rs 1,000 crore or more, are part of a total 339 across sectors such as power, railway and roads that were examined by the statistics ministry in August 2016.
Transmission network of Adani Transmissionis set to reach 10350 Ckt km on completion of acquisition ofR-Infra's WRSSS transmission assets.
The order stipulates prohibition regardingmanufacture, import, storage, sale, distribution etc withoutthe Standard Mark of BIS and obligation of certification.
The announcement follows the sale of the long products business to Greybull Capital in May 2016.
Even as the government is going all-out to attract FDI in the infrastructure space, foreign investors are adopting a wait and watch approach, BMI Research said in a report.