Page 8 - Government Of India

Eighth round of commercial coal mines auction received great response: Govt

The eighth tranche of commercial coal mine auctions has received an overwhelming response from the industry, the government said on Friday. The last date for submission of bids for the eighth round is January 29. "The ongoing 8th round has witnessed an overwhelming response from the industry, which is evident from the fact that a lot of queries have been received from a number of bidders along with several site-visit requests," the coal ministry said in a statement. The bids received in this tranche will be opened on January 30 in the presence of the bidders. In the eighth round, 39 coal mines have been offered, the ministry said. The round was launched on November 15, 2023 by Coal Minister Pralhad Joshi. The pre-bid meeting for the round was held on December 12 and more than 50 bidders had participated in it.

Govt has taken slew of initiatives for infrastructure development: Official

The government has taken a slew of initiatives for infrastructure development as it has a strong multiplier effect and plays pivotal role in the country's development, Financial Services Additional Secretary M P Tangirala said on Friday. Speaking at the 19th Foundation Day of the India Infrastructure Finance Company Ltd (IIFCL), he said infrastructure sector has strong backward and forward linkages. To support the sector, he said the government has taken slew of initiatives, including the USD 1.3 trillion-PM Gati Shakti National Master Plan (NMP) that has been front runner in bringing about systemic and effective reforms in this sector. Launched in 2021, the PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time. Another initiative is the National Infrastructure Pipeline (NIP) that was started with 6,800 projects and now, there are over 9,000 projects across 34 sub-sectors, he said. NIP was launched with 6,835 projects and h

IIFCL plans to launch IPO in next financial year, unlock value for govt: MD

State-owned India Infrastructure Finance Company Ltd (IIFCL) plans to go public in the next financial year, company's Managing Director P R Jaishankar said on Friday. "We are examining the listing...hopefully it should be done next financial year. IIFCL has come to a stage where we unlock the value for the benefit of the government," he said on the sidelines of the company's foundation day. The company will very soon initiate the consultation process, he said, adding various approvals are required including from the government. Asked about the quantum of stake dilution, he said, the decision about that would be taken after detailed discussion. As of now, IIFCL is 100 per cent owned by Government of India. From the performance perspective, he said the company has been consistent both on topline and bottomline parameters. He expects the FY24 profit to cross Rs 1,500 crore. IIFCL reported a two-fold jump in standalone net profit to Rs 1,076 crore for FY23 aided by an increase in le

Truck Drivers' Strike: Stir called off, govt assures to put new law on hold

After a nation-wide strike by the truck drivers, the government decides to keep the new law against hit and run on hold. Associations have called off the strike after government assurance

GATE 2024: Admit card to be released today at gate2024.iisc.ac.in

IISc Bangalore will release admit cards today for the Graduate Aptitude Test in Engineering (GATE 2024). Once released, admit cards can be downloaded from the website i.e. gate2024.iisc.ac.in

DSSSB Recruitment 2023: Apply for 109 Section Officer positions from Jan 9

Delhi Subordinate Services Selection Board (DSSSB) has announced notification for the recruitment to the position of Section Officer (Horticulture) today, December 26 at dsssb.delhi.gov.in

Ex-PM Vajpayee proved how stable govts can be beneficial: Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said Atal Bihari Vajpayee proved during his tenure as the prime minister of the country how stable governments can be beneficial and that tradition continues to this day. He was addressing the 'Atal Geet Ganga Programme' organised on the eve of the former prime minister's birth anniversary here. Adityanath said Vajpayee laid the foundation of schemes benefiting the poor and significant infrastructure projects. "Former prime minister Vajpayee proved during his tenure how stable governments can be beneficial for the country. The tradition continues today. Even while working for a long time, one can serve the people with values, ideals, and dedication... Whether on domestic or international fronts, Atal Bihari paved the way for the country's growth," he said. The chief minister said the temple dedicated to Lord Ram in Ayodhya embodying the values and ideals of Vajpayee will be inaugurated by Prime Minister Narendra Modi on January

Indian Navy Recruitment 2023: Registration open for 910 vacancies

Interested and qualified applicants for the INCET 2024 can register online through the official website at joinindiannavy.gov.in for 910 vacancies

DRDO Recruitment 2023: Know steps to apply for 32 apprenticeship positions

DRDO is inviting applications for apprenticeships at Defence Institute of Bio-Energy Research (DIBER), Haldwani, and DIBER Field Station, Pithoragarh, at apprenticeshipindia.gov.in

India lays foundation stone for community development projects in Nepal

While addressing the event, Narayan Khadka appreciated the continued developmental support of the Government of India in upliftment of the people of Nepal in its priority sectors

UPSC CMS Exam 2023: Scorecard of recommended candidates revealed

UPSC has released CMS result 2023 marks of recommended candidates, they can check their marks on the official website at upsc.gov.in. Here's all you need to know

Govt makes air-conditioned truck cabin for drivers mandatory from Oct 2025

All new trucks manufactured on or after October 1, 2025, must be equipped with AC cabins for drivers, as the Road Transport and Highways Ministry has issued a notification for mandating air-conditioned truck cabins. In a gazette notification, the ministry has said, "...the vehicles manufactured on or after October 1, 2025, shall be fitted with an air-conditioning system for the cabin of vehicles of N2 and N3 category". The testing of the cabin fitted with an air-conditioning system shall be as per IS14618:2022, it added. In July, Union Road Transport Minister Nitin Gadkari said the draft notification to mandate the installation of air-conditioning systems in the cabins of trucks has been approved. Recently, the minister said that truck drivers play a key role in the transport sector, one of the most important areas for India, and there is a need to address issues regarding their working conditions and state of mind. Air-conditioned cabins for trucks will soon be made mandatory, ..

Govt mulls increasing NCLAT's strength to speed up corporate case disposal

The Centre is considering increasing the member strength of NCLAT to 20 from 12, and NCLT from 63 to 163

HPSC HCS 2023 recruitment process to begin from December 1 at hpsc.gov.in

Haryana Public Service Commission opens applications for 121 positions and the deadline is set on December 21, 2023. Qualified applicants can apply on the official site at hpsc.gov.in till December 21

IB recruitment 2023 notification released for 995 positions at mha.gov.in

The Intelligence Bureau issued the notice for IB ACIO Recruitment 2023 on November 21. The recruiting campaign for the posts of ACIO Grade-II Executive is now available

NPS Rules: PFRDA to allow users to withdraw up to 60 per cent pension fund

PFRDA has started the process of implementing new rules which will allow users to withdraw up to 60 per cent of their pension corpus. Here's all you need to know

New national policy may turn India's airports into global transit hubs

If enacted, the policy will address challenges such as double security checks and immigration bottlenecks to better streamline travel

Govt approves extension of Bank of Maharashtra, Central Bank MDs' tenure

The government has cleared the extension of tenure of managing directors of two public sector lenders -- Bank of Maharashtra (BoM) and Central Bank of India. According to sources, Appointments Committee of the Cabinet (ACC) has approved extension of term of office of A S Rajeev, MD and CEO of BoM, for six months till his superannuation. Besides, sources said, ACC has extended the term of M V Rao, MD and CEO of Central Bank of India, till July 31, 2025. Rajeev was appointed MD and CEO of BoM in 2018 while Rao took charge as MD and CEO of Central Bank of India in 2021.

Centre to save Rs 18,000 cr by removing fake accounts from welfare schemes

About 17.1 million duplicate or ineligible farmers receiving PM Kisan benefits and 3.3 million fake or duplicate MGNREGA beneficiaries have been removed

Government to exit Hindustan Zinc Ltd, but over an extended period

The residual stake is valued at approximately Rs 40,000 crore at current market prices