IAS
19:44
Showing posts with label cabinet approval. Show all posts
Showing posts with label cabinet approval. Show all posts
Wednesday, 20 May 2020
Friday, 4 August 2017
Tuticorin
20:24
THREE IMPORTANT PROJECTS FOR SOUTHERN RAILWAY APPROVED BY CABINET
THREE IMPORTANT PROJECTS FOR SOUTHERN RAILWAY APPROVED BY CABINET
239/2017-18
03-08-2017
CHENNAI
THREE IMPORTANT PROJECTS FOR SOUTHERN RAILWAY APPROVED BY CABINET
The Cabinet has approved three important projects for Southern Railway
1.Cabinet approves construction of doubling of line with electrification between Thiruvananthapuram and Kanniyakumari
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of double line with electrification between Thiruvananthapuram in Kerala and Kanniyakumari in Tamil Nadu.The total length of the line will be 86.56 km. The estimated cost of the Project will be Rs.1431.90 crore and completion cost of Rs.1552.94 crore with 5% escalation per annum. The project is likely to be completed in four years by 2020-21. The project will generate direct employment during construction for 20.77 lakh mandays.
The project would not only speed up the operation of goods and coaching trains, but also provide additional capacity for meeting the increase in traffic in future.The section is heavily passenger oriented which also serve the goods traffic from nearby ports. Operations from Vizhinjam port is likely to start by 2019 and 30% of its gateway traffic is likely to be handled by Railways. Present line capacity of Thiruvananthapuram-Nagarcoil section of this route has already saturated which is causing heavy detention to trains moving towards Kanniyakumari and Chennai. Line capacity of this route needs to be enhanced to meet the demands for additional trains and smooth movement of trains through the route. Hence, doubling of Thiruvananthapuram and Kanniyakumari line needs to be taken up.
2.Cabinet approves construction of doubling of line with electrification between Madurai-Vanchi and Maniyachchi-Tuticorin
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of double line with electrification between Madurai-Vanchi and Maniyachchi-Tuticorin in Tamil Nadu.
The total length of the line will be 160 km. The estimated cost of the Project will be Rs.1182.31 crore and completion cost of Rs.1272.51 crore with 5% escalation per annum. The project is likely to be completed in four years by 2020-21. The project will generate direct employment during construction for 38.40 lakh mandays.
The project would not only speed up the operation of goods and coaching trains, but also provide additional capacity for meeting the increase in traffic in future.
Demands are being received for introduction of additional trains for this area to serve the local people, the ever increasing tourists desiring to visit the area and the traffic originating to/from Ports. Present Line Capacity utilisation of the section on trunk route is 106% which is likely to increase to 154% in next four years. This would cause detention to passenger and goods trains on trunk route and that originating to/from Tuticorin Port in future if double line is not provided on this 160 km section. Hence, doubling of Madurai-Vanchi Maniyachchi-Tuticorin with electrification needs to be taken up.
3.Cabinet approves construction of doubling of line with electrification between Vanchi-Maniyachchi- Nagercoil via Tirunelveli
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of double line with electrification between Vanchi-Maniyachchi- Nagercoil via Tirunelveli in Tamil Nadu.
The total length of the line will be 102 km. The estimated cost of the Project will be Rs.1003.94 crore and completion cost of Rs.1114.62 crore with 5% escalation per annum. The project is likely to be completed in four years by 2020-21. The project will generate direct employment during construction for 24.48 lakh mandays.
The project would not only speed up the operation of goods and coaching trains, but also provide additional capacity for meeting the increase in traffic in future.
Vanchi-Maniyachchi- Nagercoil via Tirunelveli is an important trunk route serving Southern end of Tamil Nadu and Kerala. The section is heavily passenger oriented which also serve the goods traffic from nearby ports. Present line capacity of the section has already gone beyond 90% which is causing detention to the moving trains. Line capacity of this route needs to be enhanced to meet the demands for additional trains and smooth movement of trains through the route. Hence, doubling of Vanchi-Maniyachchi- Nagercoil via Tirunelveli with electrification needs to be taken up.
Source:Southern Railway
Thursday, 27 October 2016
Pensioners
19:35
Centre announces 2% hike in dearness allowance for staff, pensioners
Centre announces 2% hike in dearness allowance for staff, pensioners
NEW DELHI: For about 50 lakh central employees and 58 lakh pensioners Diwali has come early. The Centre has announced 2% dearness allowance (DA) which will be effective from July 1, 2016.
The decision was taken at the Union Cabinet meeting on Thursday.
Dearness allowance and dearness relief are provided to employees and pensioners to neutralise the impact of inflation on their earnings.
Earlier this year, the government hiked DA by 6% to 125% of basic pay. The DA was later merged into the basic pay following the implementation of the 7th Pay Commission award.
As per an agreed upon formula, the government increases DA on the basis of the 12-month average of retail inflation. It doesn't consider the price rise rate beyond a decimal point for deciding the rate of the dearness allowance.
Source:TOI
Tuesday, 13 September 2016
Railway Budget
08:14
Cabinet Note soon for Merger of Railway Budget
Cabinet Note soon for Merger of Railway Budget
New Delhi: The Finance Ministry will shortly circulate a Cabinet note to merge the railway budget with the Union Budget, advance presentation by a month and doing away with Plan and non-Plan expenditure head in the Budget.
The draft note will be floated for inter-ministerial discussion before it is tabled before the Cabinet, which is likely to take up these issues towards the end of this month, sources said.
If the Cabinet agrees to the finance ministry’s proposal, the Budget will be presented in January instead of the last working day of February.The ministry also seeks to end distinction between Plan and non-Plan expenditure and replace it with capital and revenue expenditure.The finance ministry is seeking approval for these three proposals with an intention to get them implemented in the Budget for 2017-18, the sources said.
There is no specific date mentioned in the Constitution for presenting the Union Budget. The Narendra Modi government is planning to present it in the last week of January so that the entire process can be wrapped up by March. The new financial year starts from April 1.Besides, Railway Minister Suresh Prabhu has favoured scrapping the practice of having a separate railway budget.He wants it to be merged with the general Budget like it happens in all other ministries, including the all-crucial Defence.
Considered a British legacy, India follows accounting period from April to March, in line with the Gregorian calendar of accounting.The government has constituted a committee headed by former Chief Economic Advisor Shankar Acharya to study the feasibility of adopting a new financial year. The panel is slated to submit its report by December 31, 2016.Previously, the L K Jha Committee, appointed in May 1984 to look into the matter, had recommended switching over to the calendar year, but the government did not accept the recommendation, saying it would cause large-scale problems as most Indian companies follow the April-March cycle.
As the financial year begins on April 1, the government in March takes Parliament’s approval for Vote-on-Account for a sum of money sufficient to meet expenditure on various items for the next 2-3 months till the full Budget is passed. The Demands and Appropriation Bill entailing full-year expenditure as well as tax changes is then passed in April-May.
Source:RailNews
Thursday, 1 September 2016
railway projects
20:25
Light Rail Transit System (LRTS) project :Karnataka Cabinet approves 42-Km (Airport Rail Link)
Light Rail Transit System (LRTS) project :Karnataka Cabinet approves 42-Km (Airport Rail Link)
1 Sep, 2016 in Bangalore Airport Rail Link (BARL) Ltd by rail
Bangalore: The cabinet on Thursday approved the 42-km Light Rail Transit System (LRTS) project proposed by the urban development department to ease the traffic woes of Bengaluru.
The LRTS project was mooted in 2007 to supplement Bengaluru’s bus transport system and act as a feeder network for the Metro rail. However, it did not take off due to lack of political will and bureaucratic complacency. As a result, the cost of the project shot up from Rs 5,600 crore, when it was first conceived, to Rs 11,000 crore now.
“Funding has been a major constraint. The cabinet has directed the urban development department to work out the modalities to mobilize financial resources for setting up a reserve fund to execute the project,” law minister TB Jayachandra said.
The government will bear around Rs 5,000 crore of the total cost of the Light Rail Transit (LRT) System announced in the State budget, said C Jayaram, Director (Projects), Bangalore Airport Rail Link Ltd. “The cost to be borne by the government will include land acquisition charges of the over Rs 10,000-crore project,” he said.
The 42-km route, to be implemented soon, will form Phase-I of the originally proposed 77-km LRT project, he said.
Proposed to supplement Namma Metro’s Phase-I and Phase-II network, the LRT consists of two elevated corridors. It will connect Bannerghatta Road to Hebbal along the Outer Ring Road covering 32 km and from Toll Gate along Magadi Road to the proposed Peripheral Ring Road, another 10 km. Both the corridors will intersect at Nirashritara Parihara Kendra (NPK).
Will Act as Feeders in Future
“In the long run, the LRT and Metro will act as feeders to one another. LRT will boost the ridership for Metro and the latter will, in turn, will provide better ridership of the Light Rail,” Jayaram added.
LRT is part of the Comprehensive Traffic and Transportation Plan proposed to ease traffic congestion in the city, the final report of which was submitted by engineering consultancy firm RITES in June 2011. A Detailed Project Report was submitted by Capita Symonds, a UK concern in 2013.
When asked about the reasons for the delay in implementing it, Jayaram said, “This is a capital-intensive project. Such projects require a longer gestation period than others so that they do not get into any legal tangles.”
Representatives from the French concern Alstom visited Bengaluru last week to make enquiries in connection with the project.
“The government will call for global tenders after cabinet approval,” Jayaram said. He was, however, non-committal on a deadline for completion of the project.
‘An Expensive Affair’
Sanjeev Dyamannavar, an urban commute expert, felt the LRT will be a costly mode of transport compared to other public transport systems. “It is similar to Metro but the coaches are smaller which reduces its carrying capacity.”
Wednesday, 2 September 2015
punjab
07:54
Both financial and technology-related aspects are crucial in the revision of the DPR of the project.-Chandigarh Metro
Technical & Financial aspects of Chandigarh Metro DPR to be revised
Chandigarh (CDG): The financial and technical aspects of the detailed project report (DPR) of the Chandigarh Metro project prepared in 2012 will be the only key subjects to be revised in a detailed manner.
The administration has sent the report to the Delhi Metro Rail Corporation (DMRC) for its detailed revision. It will then be sent to the cabinet for its nod.
The DPR of any project of the size of Metro should not be older than six months. If it is so, it needs revision before going for the cabinet’s approval, sources said, implying the changes are not only crucial but also mandatory to start the project with fresh calculations.
UT finance secretary Sarvjit Singh says, “Both financial and technology-related aspects are crucial in the revision of the DPR of the project. Since the current DPR is of 2012, there may be changes as far as financial aspects are concerned. As new technologies are being introduced, this aspect will also be looked into. We are hoping the revision will be done as soon as possible to start the next round of exercises.”
Sources say traffic congestion, population and vehicle pressure among others are the other core issues but were covered in the current DPR on an yearly basis by keeping the future growth in the mind. “So, there is no need to touch these areas much as projections of such details are already mentioned,” they add.
Background:
Delhi Metro Rail Corporation (DMRC) submitted the detailed project report of the Chandigarh Metro Project to Punjab Governor and UT administrator Shivraj Patil on 16 August 2012.
On 9 July 2015, in the presence of Kaptan Singh Solanki, who is the Governor of Punjab and Administrator of Chandigarh as well as the Governor of Haryana, the MoU was signed by the Additional Chief Secretary, Haryana Town and Country Planning Department, P Raghavendra Rao, the Secretary, Town and Planning, Punjab, A Venu Prasad, and the UT Adviser, Vijay Kumar Dev. As part of the MoU, the three parties also named the special purpose vehicle (SPV) to execute the project as the Greater Chandigarh Transport Corporation (GCTC) for the development of comprehensive integrated multi-modal urban and sub-urban commuter system for the region. The initial equity of the GCTC shall be Rs 100 crore, which will be contributed equally — 25 per cent each — by the Union Ministry of Urban Development, the UT Administration, Haryana and Punjab.
In the first phase, a 37.573 km metro rail network will be built of which 23.468 km will be elevated and 14.105 km underground Corridor. It will run from north to south. It will start near Capitol Complex and will go up to Mohali. Corridor II, also known as East West Corridor, will start from Sector 21, Panchkula and reach up to Mullanpur.
The proposed routes for the various corridors of the metro network are as follows:
Corridor 1: Khuda Lahora to IT Park via Punjab University, PGI, Government College, General Hospital, Sector 17- Interchange, Sector 8, Sector 7, Sector 26, Grain Market, Transport Nagar, Chandigarh Railway Station, Manimajra, covering a distance of approximately 16.00 km.
Corridor II: Sectt. Sector 1 Chandigarh to Bus terminal Sector 104 S.A.S Nagar, Mohali, via Rock Garden, Sector 9, Sector 17 interchange, Sector 17 ISBT, Sector 22-Aroma Hotel Sector 34, Bus Terminal Sector 43, Sector 52, Mohali Sector 62, Sector 60, Sector 72, Sector 71, Sector 75, Sector 76, Sector 77, Sector 78, Sector 87, Sector 97, Sector 106, Sector 105 covering a distance of 22 km.
Corridor III : Timber Market Chowk Sector 26 to Sector 38 and Dadu Majra along Purv Marg and Vikas Marg covering a distance of approximately 14.6 km.
Corridor – IV: Housing Board Chowk to Sector 21 Panchkula, via Panchkula Sector 17,16,15,14, & 21 covering a distance of 5 km
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