Policy & Regulation

Policy & Regulation

MOUD RELEASES OFFICE MEMORANDUM REGARDING DELEGATION OF FINANCIAL POWERS TO SPV

The SPV has full autonomy to discharge its functions as prescribed under Article of Associations (AoA) to meet objectives written in MoA including exercise of financial powers within the framework of Companies Act, 2013. lt is, therefore, advised that States/ULBs may strictly follow the provisions of the Companies Act, 2013, for operationalization of SPV in the Smart Cities....
Policy & Regulation

ODD-EVEN DAY RESTRICTIONS A RESULT OF UNSUSTAINABLE URBAN PRACTICES, SAYS SHRI M.VENKAIAH NAIDU

“Imposition of ‘Odd-even day’ restrictions on vehicles in Delhi is a consequence of unsustainable urban development practices followed over the years and all stakeholders need to draw lessons from it” said Minister of Urban Development Shri M.Venkaiah Naidu here today. He was addressing Mayors, Chairpersons, Municipal Commissioners and officials from 62 cities and towns from 22 States at the National Workshop on Sanitation organized by the Ministry of Urban Development. The two day workshop will discuss strategies and technologies for making cities Open Defecation Free besides ensuring safe treatment and...
Policy & Regulation

GOVERNMENT MISSION IS TO ACHIEVE ONE NATION, ONE GRID, ONE PRICE: SHRI PIYUSH GOYAL

Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy has said that the Government’s mission is to achieve one nation, one grid, and one price. While speaking at an Energy Conclave, Shri Goyal said, “This is momentous! It is a delight to tell you all that as of this moment all of India has power at the same rate that is Rs 4.40”. Shri Goyal stated that he was trying to achieve the target of uniform power rates across the country. People everywhere should...
Policy & Regulation

BUDGET 2016: OVER RS 7,290 CRORE ALLOCATED FOR AMRUT, ‘SMART CITIES’ IN BUDGET

The government yesterday allocated about Rs 7,296 crore for two central schemes — Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and ‘Smart Cities’ Mission. The general budget 2016-17 earmarked an amount of Rs 3,205 cr for the development of 100 smart cities across the country by 2020, while nearly Rs 4,091 crore for AMRUT. Under the smart cities projects, names of the first 20 cities, including Bhubaneswar, Pune, Ahmedabad, Chennai and Bhopal, were announced late last month. Urban Development Ministry had in June last year released the guidelines and mission...
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