India’s Expectation: ₹33,343 Crore Investment and 3 Lakh Jobs from 91 Coal Mines Auction
The Ministry of Coal, Government of India, has launched the ninth round of commercial coal mine auctions on December 20, 2023, offering up to 26 blocks to bidders. This is the latest in a series of auctions that aim to make India self-reliant in the energy sector and create employment opportunities for millions of people. […]
Central Electricity Regulator’s New Tariff Norms: Analysts Predict Positive Impact on Power Sector
The Central Electricity Regulatory Commission (CERC) has recently unveiled its draft tariff regulations for the period 2024-29, which are expected to have a positive impact on the power sector players, especially the thermal power generators and transmission companies. The draft regulations aim to improve the operational efficiency, financial viability and environmental performance of the power […]
Centre’s Proposed Increase of Rs 12-14k Crore for MGNREGS This Fiscal
The Centre has sought the approval of the Parliament to spend an additional Rs 14,524 crore on the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the current financial year, 2023-24. This is part of the first batch of supplementary demands for grants, which seeks permission to spend a gross Rs 1.29 lakh crore […]
Highway Construction in FY24: Road Ministry’s 13,814 km Target
The Ministry of Road Transport and Highways (MoRTH) has set an ambitious target of constructing 13,814 km of national highways in the financial year 2023-24, which is higher than the previous year’s achievement of 13,327 km. The ministry is confident of meeting this target despite the challenges posed by the covid-19 pandemic and the rising […]