Latest news with #Gati
Time of India
28-05-2025
- Business
- Time of India
41-km Ratlam-Nagda section to be 4-lined at cost of Rs 1,018 crore
Indore: To significantly boost Railways' line capacity and ensure seamless, faster transportation of passengers and goods, including that in Madhya Pradesh, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday approved two major multi-tracking projects--- Ratlam-Nagda 3rd and 4th line, at a cost of Rs 1,018 crore and Wardha- Balharshah 4th line in Maharashtra. "The 4-lining of Ratlam-Nagda railway line is part of the PM Gati Shakti Master Plan. The 41-km Ratlam-Nagda section will be 4-lined at a cost of Rs 1,018 crore and the project's completion time is three to four years. Ratlam, as a key junction, connects in four directions: North-Nagda, South-Vadodara, East-Indore, and West-Chittorgarh, while the 4-lining will help connectivity with west coast ports for MP, UP, and Delhi," Ratlam railway divisional PRO Khemraj Meena said. "These initiatives are set to improve travel convenience, reduce logistics costs, decrease oil imports, and lower carbon dioxide emissions, thereby strengthening sustainable and efficient rail operations. The projects will also boost logistics efficiency by increasing line capacity on crucial routes for transporting containers, coal, cement, agricultural products, and other goods," Meena said.
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Business Standard
06-05-2025
- Business
- Business Standard
Japan, Germany, Mauritius seek more Indian talent: EAM S Jaishankar
Japan, Mauritius, Germany, and several other countries are keen on welcoming more Indian talent into their economies, External Affairs Minister S Jaishankar said on Tuesday. The demand for Indian talent is already significant in Malaysia and Singapore. Speaking at the launch of the Global Access to Talent from India (Gati) foundation, an immigration-focused initiative aimed at building scalable immigration pathways for Indian talent to key global markets, Jaishankar said Mauritius wants to establish a flow of Indian workers across different domains and has concluded an understanding with New Delhi. "The Speaker of Japan was here yesterday to advocate an action plan that would create a concrete and predictable flow of Indian skills to his country. It would help take forward the specialized skilled workers agreement (SSWA) concluded a few years ago," Jaishankar stressed. Australia and Germany have seen a significant increase in working Indians through migration and mobility partnerships as well as through SSWAs with 22 nations, the minister said. German Chancellor Olaf Scholz had spoken of increasing the employment visas for Indians by four times. "My counterparts in Italy, and the Ambassador here before me, in Spain, in Austria, in Greece, have all shown an appetite to tap into our human resources pool as urgently and effectively as possible," the Jaishankar said. In May 2023, India signed a deal with Israel to send 42,000 Indians working in the construction industry. Both sides are keen to expand it further. According to the data from the Ministry of External Affairs, 6,694 Indians were working with 195 Israeli firms as of early-March. Jaishankar said sharper strategic competition among major powers and the insecurities of the Covid experience have spurred sharp demographic changes and demands of new technologies and their diffusion, and led to the emergence of the global workplace. There are 34 million Indians and PIOs living and working abroad, of which about half are Indian citizens. "Given global trends, the possibility of expanding that, even in the near term, is very serious," Jaishankar said. The government is planning to update the Emigration Act 1983, which regulates mobility, Jaishankar said. 'It was designed to address the demands of a particular geography in a certain era. However, times have changed and our vistas have expanded. We need to be more promotional and aware of new possibilities,' Jaishankar said. 'It is vital that we promote legal mobility and strongly discourage non-legal ones. The challenge of the black economy has to be faced, from the viewpoint of the talent flow, our societal good as well as of national security,' he added. As part of its aim of positioning India as a leading 'Global Talent Hub', Gati aims to unlock global labour mobility for Indians by building scalable and circular migration pathways through a collaborative ecosystem of governments, businesses and nonprofits. It aims to increase the share of inward remittance in India's GDP from the current 2.5 per cent to 4-5 per cent, unlocking $170 billion. Raising the annual overseas migrant flow to 2-2.5 million is another target. It has been set up by Ashish Dhawan-led Convergence Foundation, the Godrej Foundation, and Manish Sabharwal, Vice-Chairman of Teamlease Services. It is in talks with a few states and the Centre for partnerships.
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Business Standard
06-05-2025
- Business
- Business Standard
'Indians abroad need routinised care', says Jaishankar on govt push
External Affairs Minister S Jaishankar outlines India's efforts to support its global workforce, emphasising skill development and institutional mechanisms to assist Indians abroad Rimjhim Singh New Delhi External Affairs Minister S Jaishankar has underlined the government's commitment to the welfare of Indian citizens living overseas. Reflecting on the past decade, he highlighted multiple instances where Indian nationals had to be evacuated during crises, reaffirming the state's responsibility towards its diaspora. Speaking at the Global Access to Talents from India (Gati) event in New Delhi on Tuesday, Jaishankar pointed to a series of initiatives designed to support Indians abroad, particularly in challenging situations. He outlined institutional mechanisms such as an effective grievance redressal portal and the establishment of a fund aimed at assisting vulnerable citizens. These steps, he said, are part of a broader strategy to provide consistent support for Indians navigating life in foreign countries. 'It is natural that as more Indians travel abroad, that the expectations they have of their government are carried with them,' Jaishankar said. 'The last decade has brought up numerous situations where evacuation operations had to be undertaken. But even as a routine exercise, our citizens legitimately expect to be backed up in difficult situations. It may be a quick replacement of a lost passport.' He said, 'From establishing an effective grievance portal to creating a responsive fund for the needs of the vulnerable, we have sought to institutionalise and to routinise taking care of Indians abroad. It is only then that they will have the confidence to fully explore the global workplace.' Equipping indians for a global workforce He also pointed to domestic efforts aimed at improving the employability of Indian talent worldwide. According to him, the central government has launched multiple programmes to provide skill training, vocational education, and professional preparation tailored to contemporary global demands. 'Our government today has initiated a range of skill training, vocational education and professional preparation efforts for the Indian workforce to be more productive in the contemporary era,' he said. 'However, the magnitude of opportunities before us are so large that it takes a 'whole of the nation approach' to be fully realised. This is an effort in which the contribution of every stakeholder is valuable and welcomed.' Human capital as a strategic asset Jaishankar emphasised the growing importance of India's skilled population in shaping the country's international presence. As India moves towards becoming the world's third-largest economy, he said its people would play a central role in global engagement. 'As we contemplate our engagement with the world... our talents and our skills will not only be a resource we have to bring to the table but will be very much part of our branding and of our reputation,' he said. 'A more interdependent and technology-driven world... will only put a greater premium on it. It is up to us to make the most of these times.' Global demand for Indian talent Jaishankar also discussed the increasing international need for Indian professionals across multiple sectors. He cited recent discussions with foreign leaders, including Japan's Speaker, who proposed a structured plan to channel Indian talent to his country under the Specialised Skill Workers (SSW) Agreement. 'Let me emphasise that these are not hypothetical possibilities... The need for talent abroad is a situation that is actually upon us today,' Jaishankar said. Providing a global snapshot, he said, 'Only yesterday... the Speaker of Japan was here to advocate an action plan that would create a concrete and predictable flow of Indian skills to his country... Israel... Mauritius has a similar demand... Malaysia has opened up many more sectors to Indian skills, especially construction.' He further said, 'The German Chancellor... spoke of increasing the employment Visas for Indians by 4x. My counterparts in Italy... Spain, Austria, and Greece have all shown appetite to tap into our human resources pool... This, I emphasise, is just the tip of the iceberg.' The minister said that while groundwork for global access to Indian talent has been laid, much depends on how efficiently and ambitiously the opportunity is seized. 'My short point is that there is a demand in the world, an availability in India and the basic groundwork done to enable Indian talent to gain global access is there. Now, how well they do that and what will be the scale — I think that is up to us,' he said. [With agency inputs]
Time of India
30-04-2025
- Business
- Time of India
NE gets its first high speed, access-controlled highway
Guwahati: The Union Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved the development of a four-lane greenfield highspeed corridor connecting Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam aimed at improving connectivity and enhance logistic efficiency, spur economic development and cater to tourists. This 166.80-km-long NH-6 will be northeast's first access-controlled highway, like the Agra-Lucknow expressway and the Delhi-Mumbai expressway. The project is estimated to cost Rs 22,864 crore and the development, maintenance and management will be on a hybrid annuity mode, which is variant of public-private partnership mode. Access controlled highways have limited and designated entry and exit points and is designed for high-speed traffic. This greenfield high-speed corridor will improve the service level for the traffic moving from Guwahati to Silchar and will improve the connectivity to Tripura, Mizoram, Manipur and the Barak Valley region of Assam from mainland and Guwahati with substantially reduced travel distance and travel time. This will, in turn, contribute to the enhancement of logistics efficiency of the nation. The corridor will improve connectivity between Assam and Meghalaya and will spur economic development, including development of industries in Meghalaya, as it passes through cement and coal production areas of Meghalaya. According to the govt, this corridor will cater to national and international tourists coming from well-connected Guwahati Airport, Shillong Airport, Silchar Airport (via existing NH-06) connecting Guwahati to Silchar. This would connect scenic places of tourist attraction in the north-east and promote tourism. This critical infrastructure project will improve inter-city connectivity between Guwahati, Shillong and Silchar, traverses through Ri Bhoi, East Khasi Hills, West Jaintia hills, East Jaintia hills in Meghalaya and Cachar district in Assam, reduce congestion on existing NH-06 and enhance transport infrastructure development in line with the PM Gati Shakti National Master Plan. The project alignment integrates with major transport corridors, including NH-27, NH-106, NH-206 and NH-37, providing seamless connectivity to Guwahati, Shillong, Silchar, Diengpasoh, Ummulong, Phramer, Khlieriat, Ratachera, Umkiang, Kalain.. Upon completion, the Shillong-Silchar corridor will play a pivotal role in regional economic growth, improving connectivity between Guwahati, Shillong, Silchar, Imphal, Aizawl and Agartala. The project aligns with the government's vision of Atmanirbhar Bharat, enhancing infrastructure while generating employment and fostering socio-economic development in Meghalaya, Assam, Manipur, Mizoram and Tripura.
India.com
30-04-2025
- Business
- India.com
Shillong-Silchar Highway: Cabinet Approves Rs 22,864 Crore For Greenfield High-Speed Corridor
New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal for the development, maintenance, and management of a 4-lane greenfield access controlled 166.80 km National Highway from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on hybrid annuity mode as a high-speed corridor at a total capital cost of Rs. 22,864 crore. Of the total 166.80 km highway project, as much as 144.80 km lies in Meghalaya while the remaining stretch of 22 km falls in Assam. The proposed greenfield high-speed corridor will improve the service level for the traffic moving from Guwahati to Silchar. The development of this corridor will improve the connectivity to Tripura, Mizoram, Manipur, and the Barak Valley region of Assam from the mainland and Guwahati with substantially reduced travel distance and travel time. This will, in turn, contribute to the enhancement of the logistics efficiency of the nation, according to an official statement issued after the CCEA meeting. The corridor will improve connectivity between Assam and Meghalaya and will spur economic development, including the development of industries in Meghalaya, as it passes through the cement and coal production areas of Meghalaya. This corridor will cater to the national and international tourists coming from well-connected Guwahati Airport, Shillong Airport, and Silchar Airport (via existing NH-06) connecting Guwahati to Silchar. This would connect scenic places of tourist attraction in the northeast and promote tourism, the statement said. This critical infrastructure project will also improve inter-city connectivity between Guwahati, Shillong & Silchar traverses through Ri Bhoi, East Khasi Hills, West Jaintia hills, East Jaintia hills in Meghalaya and Cachar district in Assam reduce congestion on existing NH-06 and enhance transport infrastructure development in line with the PM Gati Shakti National Master Plan. The project alignment integrates with major transport corridors, including NH-27, NH-106, NH-206, NH-37, providing seamless connectivity to Guwahati, Shillong, Silchar, Diengpasoh, Ummulong, Phramer, Khlieriat, Ratachera, Umkiang, and Kalain, the statement said. Upon completion, the Shillong - Silchar Corridor will play a pivotal role in regional economic growth, improving connectivity between Guwahati, Shillong, Silchar, Imphal, Aizawl and Agartala. The project aligns with the government's vision of Atmanirbhar Bharat, enhancing infrastructure while generating employment and fostering socio-economic development in Meghalaya, Assam, Manipur, Mizoram and Tripura, the statement added.
