
Network Planning Group under PM's Gatishakti evaluates infrastructure projects to boost efficiency
13 Jun 2025, 14:09 GMT+10
New Delhi [India], June 13 (ANI): The Ministry of Commerce & Industry on Friday at the 95th meeting of the Network Planning Group (NPG) convened to evaluate infrastructure projects in the Metro Rail and Roads, Transport & Highways and Logistics Parks in order to boost logistics efficiency, reduce travel times, and deliver significant socio-economic benefits across regions.In the meeting, the NPG evaluated five projects with an aim to have conformity to the PM GatiShakti principles of integrated multimodal infrastructure, last-mile connectivity to economic and social nodes and intermodal coordination. The initiatives involve the Ahmedabad Metro Rail Project Phase-2A. The Ministry of Housing and Urban Affairs (MoHUA) has proposed plans to extend the Ahmedabad Metro by 6.032 km to provide direct connectivity to Sardar Vallabhbhai Patel International Airport from Koteshwar Metro Station (excluding).Secondly, construction of 8-lane access-controlled Highways of NH 248S for Connectivity to the proposed Vadhavan port. The Ministry of Road Transport and Highways (MoRTH) has proposed the plans for the construction of an 8-lane access-controlled highway along NH-248S to improve connectivity to the upcoming Vadhavan Port in Maharashtra.Additionally, the initiative also involves the construction of Four Lane Elevated Road in the Jodhpur city portion from Mahamandir to Akhaliya Chouraha. The Ministry of Road Transport and Highways has proposed the plans for the construction of a 4-lane elevated corridor in Jodhpur city, extending from Mahamandir to Akhaliya Chouraha. Strategically aligned along NH-62 and NH-125, the project aims to alleviate traffic congestion and enhance urban mobility across one of Rajasthan's busiest city corridors.Fourthly, the Ministry of Road Transport and Highways (MoRTH) has proposed to develop a Multi-Modal Logistics Park (MMLP) at Parkibanda village in Manoharabad Mandal, Medak district, Telangana.Lastly, the Ministry of Road Transport and Highways (MoRTH) has proposed to develop a Multi-Modal Logistics Park (MMLP) at Jaitiya village, located in Fatuah Taluka of Patna district, Bihar. Spread over 106.19 acres (42.97 hectares), the proposed facility is projected to handle 5.43 million metric tonnes (MMT) of cargo annually by 2071, and is poised to become a major logistics hub for the region. (ANI)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
32 minutes ago
- News18
South Korea urges US to grant leniency to imported polysilicon probe
Seoul [South Korea], August 12 (ANI): South Korea has urged the United States to grant leniency to its companies in an ongoing probe into imported polysilicon, warning that broad restrictions could hurt both nations' clean energy and semiconductor industries, The Korean Herald to a filing published by the US Bureau of Industry and Security, Korea's Ministry of Trade, Industry and Energy asked Washington to apply 'flexible consideration" for Korean firms as the US reviews whether low-priced polysilicon imports threaten its domestic industry under Section 232 of the US Trade Expansion Act of 1962. The investigation, launched on July 1, is examining the potential national security risks of foreign-made polysilicon, a crucial material for solar panels and semiconductors.'Korea is a net importer of high-quality polysilicon from the United States. At the same time, Korea and its companies have established a secure supply chain for polysilicon to US importers and US companies," the ministry said in its submission. 'If import restrictions on polysilicon are introduced, we respectfully request that special consideration be given to allow for flexible application to Korean companies."Global polysilicon prices have plummeted in recent years, largely due to China's dominance in the sector. Backed by state support, China now produces nearly 80 per cent of the world's supply, with prices around USD 5 per kilogram, far below the USD 18 to USD 25 range for equivalent non-Chinese products, according to IBK Securities. US officials have said such pricing pressures are forcing local plants to shut warned that limiting imports could undermine Washington's own push to boost domestic manufacturing of solar panels and chips. It cited examples of Korean firms such as Hanwha Qcells and OCI Holdings that are deeply involved in US renewable energy projects. 'Korean-invested companies that are helping to grow US renewable energy and semiconductor manufacturing are importers of polysilicon, as well as consumers of US-produced polysilicon," the ministry noted. 'Broadly applied tariffs or other import restrictions… risk disrupting supply chains that are important to both economic and national security."Hanwha Qcells and OCI Holdings stressed in their separate statements that their supply chains avoid low-cost Chinese polysilicon. Hanwha Qcells mainly sources from OCI's Malaysian facilities, while OCI's US subsidiary, Mission Solar Energy, uses Malaysian polysilicon to manufacture modules in the United sources have cautioned that overly broad restrictions could backfire. 'US polysilicon production is currently limited, while US demand for power is surging," one source said. 'If broad import restrictions are implemented in this environment, even companies from allied nations that are building supply chains and investing in US manufacturing could face indirect damage." (ANI)


Hindustan Times
39 minutes ago
- Hindustan Times
Panel criticises govt response to recommendations on schemes like MGNREGS
The Parliamentary Standing Committee on Rural Development and Panchayati Raj has criticised the government's response to its recommendations on flagship schemes, particularly the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), calling the replies 'stereotypical, routine and generic.' It expressed disapproval over the sidelining of its recommendation on wage and material pendency under MGNREGS. The House panel reiterated concerns over the build-up of unspent funds. (ANI) The panel drew attention to the scheme's persistent financial issues. 'The response furnished ...is lacking in any concrete measure that has been is silent particularly upon the existing pendencies under material components. Simply, it has again demonstrated the same old stereotypical approach by stating that 'funds are released to the States/UTs is a continuous and demand-driven process'.' The panel called it unfathomable how a panel's specific query can be sidelined and the government remain silent and evasive on an important matter. It reiterated concerns over the build-up of unspent funds under schemes, stagnation of allocation and workdays under MGNREGS, inadequate wage rates, and the mandatory Aadhaar-based payment system. The panel restated its earlier advice to the government to re look into these matters. The panel criticised the action-taken reply as lacking substance. 'The committee finds the reply stereotypical in nature, delineating only the provisions of the scheme without addressing the core issue with the seriousness it warrants.' The panel said 27.26% of MGNREGS's budget will go toward clearing previous years' dues, effectively reducing the operational budget from ₹86,000 crore to ₹62,553.73 crore. Data showed that ₹12,219.18 crore was pending in wages, while ₹11,227.09 crore was unpaid against the material component. 'The Committee strongly reiterates the recommendation for the eradication of pending liabilities under MGNREGA through robust measures of financial prudence at the earliest.' The panel urged addressing the challenges faced by beneficiaries, especially insufficient assistance and project completion delays. It said allocations under the National Social Assistance Programme remained unchanged for the three financial years, suggesting an 'upward revision of fund allocation' before the Cabinet.


Time of India
an hour ago
- Time of India
Terraform Labs founder Do Kwon faces US charges in $40 billion crypto fraud: Report
Image source: Reuters South Korean cryptocurrency entrepreneur Do Kwon is reportedly facing fraud charges in the US. According to news agency Reuters, Kwon has been charged over two digital currencies that lost an estimated $40 billion in 2022. Citing court records, the report states that the crypto tycoon is expected to enter a guilty plea. Kwon co-founded Singapore-based Terraform Labs and created the TerraUSD and Luna cryptocurrencies. As per the report, he had earlier pleaded not guilty to nine charges, including securities fraud, wire fraud, commodities fraud, and conspiracy to launder money. In a short scheduling order, U.S. District Judge Paul Engelmayer said he had been informed that Kwon may change his plea. He set a hearing for Tuesday at 10:30 a.m. EDT (1430 GMT) in Manhattan federal court. In December last year, Kwon was extradited to the United States from Montenegro over the collapse of two digital tokens. 'The Minister of Justice, Bojan Bozovic, issued a decision approving the extradition of the accused, Kwon Do Hyung, to the United States of America," the Ministry of Justice then announced said in a statement. "It was concluded that the majority of the criteria prescribed by law favour the extradition request from the competent authorities of the United States of America," the statement said. In February 2024, US regulators charged Kwon and his company Terraform Labs with "orchestrating a multi-billion dollar crypto asset securities fraud". "We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for Luna and TerraUSD," US Securities and Exchange Commission (SEC) chairman Gary Gensler said in a statement at the time. Can These AI Glasses Replace Your Phone? Ray-Ban Meta Glasses Tested AI Masterclass for Students. Upskill Young Ones Today!– Join Now