Indian Economy-News & Updates

[Robinhood Pandey]

5- Ahemedabad

6-kolkata

7-Mumbai

8-Hyderbad

 

[Robinhood Pandey]

9-Bangalore

10-Chennai

11-Bhubaneshwar

 

[kaykay]

New international terminal ready at Vadodara airport.

http://m.economictimes.com/industry...-at-vadodara-airport/articleshow/54019545.cms

VADODARA: The construction of a new terminal for international flights at the civilian Airport in
Harni, on the outskirts of the city, has been completed and it is likely to be commissioned soon.
Final touches are being given and the work for creating other facilities as per international standards will be done soon, project in-charge and General Manager of Airport Authority of India,
Narendra Kumar Shukla said.
The project is part of Centre's effort to modernise the existing airports and develop them on par with international ones, he said, adding the existing terminal at the airport is small and cannot handle a large number of passengers.
He said the foundation stone for the new terminal was laid in 2009 and the construction work had started in May 2011.
The new terminal, constructed at a cost of Rs 160 crore, is on an area of 18,120 sq mt with the capability to handle 700 passengers, including 200 international, per hour, Shukla said.
It will have 18 check-in counters, official sources said.
The Prime Minister's Office has been constantly monitoring the new terminal's construction work which is expected to be ready for operating international flights very soon, local MP Ranjanben Bhatt told PTI.
After the final touches, the Director General of Civil Aviation will give approval for making this new terminal operational.
Thereafter it will be used for direct international flights for neighbouring countries. A direct flight for the US or the UK will not be possible as the length of the existing runway is not enough for big aircraft.
"The new terminal building is a unique steel structure which is designed as per the advance building management system. It will have hi-tech security systems, energy saving cooling and rain water harvesting system, super-sensitive fire safety alarm and automatic glass cleaning facilities," Shukla said.
"Currently 10 flights operate everyday from Vadodara, which is not capable to manage more passengers although its ranking is good in-terms of managing passengers and flights," he said

For pics...
http://m.indiatimes.com/news/india/...operational-in-vadodara-by-august-256859.html

 

[Robinhood Pandey]

12-trivendram

13- tiruchirapalli

 

[Soumitra]

New international terminal ready at Vadodara airport.

http://m.economictimes.com/industry...-at-vadodara-airport/articleshow/54019545.cms

VADODARA: The construction of a new terminal for international flights at the civilian Airport in
Harni, on the outskirts of the city, has been completed and it is likely to be commissioned soon.
Final touches are being given and the work for creating other facilities as per international standards will be done soon, project in-charge and General Manager of Airport Authority of India,
Narendra Kumar Shukla said.
The project is part of Centre's effort to modernise the existing airports and develop them on par with international ones, he said, adding the existing terminal at the airport is small and cannot handle a large number of passengers.
He said the foundation stone for the new terminal was laid in 2009 and the construction work had started in May 2011.
The new terminal, constructed at a cost of Rs 160 crore, is on an area of 18,120 sq mt with the capability to handle 700 passengers, including 200 international, per hour, Shukla said.
It will have 18 check-in counters, official sources said.
The Prime Minister's Office has been constantly monitoring the new terminal's construction work which is expected to be ready for operating international flights very soon, local MP Ranjanben Bhatt told PTI.
After the final touches, the Director General of Civil Aviation will give approval for making this new terminal operational.
Thereafter it will be used for direct international flights for neighbouring countries. A direct flight for the US or the UK will not be possible as the length of the existing runway is not enough for big aircraft.
"The new terminal building is a unique steel structure which is designed as per the advance building management system. It will have hi-tech security systems, energy saving cooling and rain water harvesting system, super-sensitive fire safety alarm and automatic glass cleaning facilities," Shukla said.
"Currently 10 flights operate everyday from Vadodara, which is not capable to manage more passengers although its ranking is good in-terms of managing passengers and flights," he said

For pics...
http://m.indiatimes.com/news/india/...operational-in-vadodara-by-august-256859.html

I was in Vadodara for 10 years. the airport is small. Good to hear about the international airport most probably flights for gulf region

 

[Robinhood Pandey]

14-Panjim

15- vishakhapattanam

 

[Papa Dragon]

Visakhapatnam International Airport

 

[kaykay]

I was in Vadodara for 10 years. the airport is small. Good to hear about the international airport most probably flights for gulf region

Yeah existing terminal is small but new international cum domestic terminal is 4 times bigger and modern.... though still not operational and will take one more month. Heard they'll operate International flights to UAE, Thailand and Singapore from here initially along with other domestic flights.

 

[Ankit Kumar 002]

Where it all started ?

Prime Minister Atal Behari Vajpayee laid the foundation stone for the project on 6 January 1999, when no one thought about how big it would eventually be.

With an aim to connect Delhi, Mumbai , Chennai and Kolkata 5,846 kilometres of 4/6 lane highways were built/upgraded ( all national highways. )

It costed near 5 billion USD and the project took near 13 years.

The Golden Quadrilateral was the first phase of very ambitious National Highways Development Project.

The projected economic benefits of the GQ project are -

1.Establishing faster transport networks between major cities and ports.
2.Providing an impetus to smoother movement of products and people within India.
3.Enabling industrial and job development in smaller towns through access to markets.
4.Providing opportunities for farmers, through better transportation of produce from the agricultural hinterland to major cities and ports for export, through lesser wastage and spoils.
5.Driving economic growth directly, through construction as well as through indirect demand for cement, steel and other construction materials.
6.Giving an impetus to Truck transport throughout India.

It passes through 13 Indian states and numerous cities.

List of National Highways which are a part of GQ.
1. NH2 connecting Delhi-Kolkata
2. NH6=>NH60=>NH5 connecting Kolkata to Chennai
3.NH4, NH47, NH7 connecting Chennai and Mumbai
4.NH8, NH76, NH79,NH79A connecting Mumbai and Delhi.

 

[itachii]

Tirupati International Airport

Structure of Airport is inspired from Garuda - celestial carried or Lord Venkateswara.

 

[dev_moh]

Nothing fancy here, but The real development which actually affects the comman man.

This flyover here is completed in record 18 months.
Trust me I have seen much smaller flyovers taking more than 5-6 years easily.
The speed with which the construction was done was really astonishing.
To be honest, this is the only govt project I have seen in my whole life, whixh is conpleted before deadline.



http://m.hindustantimes.com/punjab/...-this-month/story-I9AxNl0d8WtjuqynZR3tAN.html

Ahead of deadline, Dera Bassi flyover to open this month

• Shailee Dogra, Hindustan Times, SAS Nagar|
• Updated: May 03, 2016 13:38 IST

The 1.14-km Dera Bassi flyover is set to be operational by the end of this month.(Sanjeev Sharma/HT Photo)


Here’s a project set to buck a sorry trend. In fact, even better! In respite to commuters on the Chandigarh-Delhi highway, the flyover at Dera Bassi is set to be complete and operational by the end of this month, much before the deadline of July. The initial deadline of the project was October, but had been advanced.
The construction of the 1.14km, 20.5-m-wide flyover was started in October 2014. The National Highways Authority of India (NHAI) had allotted the work to Gawar Constructions Limited, a Hisar-based private firm. Around 150 skilled and unskilled workers were on round-the-clock work for the flyover that stands on 33 pillars. There are also 10 dividers under the flyover that would make way for commuters under the flyover to turn towards Barwala and the main town of Dera Bassi, among other places. It is expected to reduce the travel time between Chandigarh and Ambala-Delhi by 30 minutes as the crossing here witnesses routine traffic jams.

Project director, NHAI, OC Mathur said, “The major roadblock in any project is land acquisition, but that was not an issue here. All necessary clearances were in place in time. We are not only hopeful of meeting the deadline, but also of completing it well before that.”

“The flyover would be opened by May 31,” said NK Sharma, chief parliamentary secretary, Punjab government, and the local MLA. The flyover was initially meant to be 920 m, but the length was extended by 220 m. Even the width of the main road in Dera Bassi has been increased to 6 m now. An estimated 60,000 vehicles travel to, from and through Dera Bassi every day. No toll would be charged from commuters and the firm will maintain it for the next four years after completion.

 

[migflug]

LED bulbs procurement price drops to Rs 38 under DELP scheme

August 29, 2016 | UPDATED 21:40 IST
Piyush Goyal had said, "The government is looking to bring down the price of LED bulb to Rs 44 per unit under bulk purchases through competitive bidding."

EESL has already distributed 15.24 crore LED bulbs, which will help saving help in saving of 54.24 million units of electricity per day and Rs 21.69 crore daily.

These 15.24 crore bulbs will help avoiding around 4,000 MW peak demand of electricity and reduce 43,941 tonnes of carbon dioxide per day.

Under DELP, the government wants to replace all the 77 crore incandescent bulbs sold in India with LED bulbs. This will result in reduction of 20,000 MW load, energy savings of 105 billion KWh and Green House Gas (GHG) emissions savings of 80 million tonnes every year.

The annual saving in electricity bills will be Rs 40,000 crore, considering an average tariff of Rs 4 per kWh.

Each LED bulb helps a consumer save anywhere between Rs 160 to Rs 400 every year and has a life expectancy of 25,000 hours, thus making the cost recovery lesser than a year.

For availing the scheme, the customer needs to provide a copy of the latest electricity bill, along with a copy of ID proof to discoms.

The LED bulbs are also made available through other channels by Energy Efficiency Services Ltd (EESL).

Prime Minister Narendra Modi had launched the scheme last year in January. PTI KKS ABI

 

[Nilgiri]

 

[ashok321]

Drones to monitor rail projects

http://economictimes.indiatimes.com...onitor-rail-projects/articleshow/54334438.cms

NEW DELHI: Stepping up the monitoring mechanism, railways has opted for the state of the art surveillance devices such as drone and geo-based spatial based satellite technology to monitor the crucial projects without visiting the site.

Monitoring the projects and implementing on time is of utmost importance for railways, said a senior Railway Ministryofficial.

Besides monitoring through drones, the official said Internet protocol based cameras are also being used to have an effective and constant monitoring for speeding up the project execution.

Currently six major rail projects are being monitored through the latest equipment like drones.

Progress in Bilaspur-Seawood-Uran Brihan Mumbai rail link project in Maharashtra, Sultanpur-Lambhua line project in Uttar Pradesh, Mortald - Nizamabad line in Telanganaand Mudkhed - Porbhani line in Maharashtra are being monitored through the use of drone technology.

Dedicated Freight Corridor Corporation has also pressed two drones to monitor projects. Durgawati - Sasaram line of Eastern DFC in Bihar and Neem ka Thana - Srimadhopur line in Western DFC in Rajasthan are being monitored by drone service.

The IP based cameras are being used to monitor Kashmir rail link projects.

 

[raj76]

हरे कृष्ण हरे कृष्ण,कृष्ण कृष्ण हरे हरे
हरे राम हरे राम, राम राम हरे हरे
15-09-2016

#Economy:Wholesale price index based inflation rose to a two-year high of 3.74% in August, from 3.55% in July. However, even at this level, it remained lower than CPI-based inflation, which fell to 5.05%, from 6.07% over this period.

#Finance:Worldwide server revenue declined marginally by 0.8% in the second quarter on 2016 even as shipments grew by 2% over the second quarter on 2015, according to Gartner, Inc.

#Over 11.61 lakh Govt pensioners can now track the status of their pension and grievance redressal through SMS as well as monitor receipts online -- steps that aim to "lessen harassment" for senior citizens.

#Instant messaging platform WhatsApp today opposed in Delhi High Court a plea alleging that privacy of its users has been threatened by a new privacy policy announced by Facebook, saying regulations were in place and the latter does not have access to any data as it provides end-to-end encryption.

#Mera Bharat Mahaan: Indian work places seem to have woken up to the reality called automation. According to a study by US-based HR firm ADP, nearly 63% of employees in Indian offices believe automation and artificial intelligence will eventually replace people doing process-based, repetitive work.

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