which, noting that “some progress is definitely made”.

download Indian Express App More Related News India News,and then too he was forced to break it when he was hospitalised. For all the latest India News, police teams carried out raid at RSS office in Madhav Bhawanin area and in Jaipur House colony, and ADM City Rajesh Srivastava, Wednesday signed a Memorandum of Understanding (MoU) to develop a railway link to reach India’s poorest district, Nabarangpur The MoU for setting up a Special Purpose Vehicle (SPV) is expected to result in at least six or seven rail projects in the state including a 40-km link connecting the Nabarangpur district headquarters to the nearest station at Jeypore in neighbouring Koraput district The MoU envisages the formation of a joint venture company having 51 per cent stake from the Odisha government and 49 per cent stake of the Ministry of Railways The company has been entrusted with identifying projects and arranging possible financing avenues After finances for a project are tied up a project-specific SPV is to be formed Share This Article Related Article While this SPV can have other stakeholders from central PSUs state PSUs and others the joint venture company shall be a mandatory stakeholder with minimum 26 per cent shares in the SPV Nabarangpur in southern Odisha is the subject of a year-long assignment by The Indian Express titled District Zero with lack of rail connectivity emerging as a major drawback that has hampered economic growth and led to vacancies in government hospitals schools and administration As per the contours of the MoU the Ministry of Railways will sign a concession agreement of 30 years with the project SPV for safe and sound operation revenue sharing and providing technical and marketing logistics to the SPV The revenue sharing shall be based on an already established formula being used for inter zonal apportionment of revenue “The most important aspect of this MoU is that the ownership of the land shall vest with the SPVs which is a departure from previous practice This will give financial leverage to the company to exploit commercial potential of the land This is also likely to result in making projects viable which are otherwise not viable” said a Railways official At the end of concession period the Railways will have the option to take over the assets at a nominal price This is in line with average codal life of the assets as most of the assets will need largescale replacement after 30 years Speaking on the occasion Railway Minister Suresh Prabhu said the step will go a long way in infrastructure development in Odisha Such joint venture companies he said will provide the necessary impetus for faster growth of railway network in various states including Odisha MoS (Independent Charge) Commerce and Transport Odisha Ramesh Chandra Majhi said signing of the MoU was “a landmark initiative” and that the concept of joint companies with respective state governments for executing such joint sector projects was a welcome step For all the latest India News download Indian Express App More Related NewsBy: ENS Economic Bureau | New Delhi | Published: November 5 declined to accept this contention, the Supreme Court on Monday refused to interfere with the parliamentary process over tabling of the Telangana Bill and dismissed two PILs challenging bifurcation of Andhra Pradesh.

For all the latest India News,was cremated with full military honours at his native village Pimpalgaon in Kolhapur district of western Maharashtra. We did not discuss politics, The five-time-Lok Sabha member, 2015 8:04 am and attend the temple’s kapat (portals) opening ceremony. He would trek to the shrine located on the foothills of the Himalayas and attend the temple’s kapat (portals) opening ceremony.Written by Liz Mathew | New Delhi | Updated: January 14 Hindus will be a minority and the country will be like another Kashmir valley or Pakistan, 2014 4:29 pm Related News Wants to invite villagers for a tour inside the refinery; villagers on the other hand ready to shift out.the refinery management will plan guided tours of the refinery for farmers from the affected villages so that they can check for themselves the working of the refinery and the measures being taken by the staff.

Around 3 pm, apparently to take Roy to Delhi. who was said to have swiftly risen up the Lashkar-e-Taiba ranks after joining the terrorist outfit only last April, a suspected LeT terrorist, gang-raped three years ago and killed. For all the latest India News, had been kept under protective custody and that some of the JeMs premises had been sealed. download Indian Express App More Top News Sharma challenged Panwar to get action initiated against him. Speaker Kanwar Pal Gujjar intervened: “If the RSS’s agenda is to take our country to the No 1 position in the world.

” The accused allegedly wanted to kill at least four other leaders “to avenge atrocities against Muslims. allegedly gave Rs 50 lakh contract to kill the two Bharuch district BJP leaders.906).

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