All electric vehicle fire incidents will be probed, says Transport Secretary Giridhar Aramane
2 years, 7 months ago

All electric vehicle fire incidents will be probed, says Transport Secretary Giridhar Aramane

The Hindu  

Amid multiple cases of electric two-wheelers catching fire, Road Transport and Highways Secretary Giridhar Aramane on May 1 said that each and every incident will be probed and asserted that the Indian electric vehicle industry is bound to prosper and grow beyond 'our imagination'. Mr. Aramane further said the Ministry of Road, Transport and Highways has achieved an overall asset monetisation value of about ₹ 21,000 crore in FY22 as part of the Centre's National Monetisation Pipeline. Asked if the spate of high profile battery fires is undermining India’s bid to become a leader in EVs, Mr. Aramane said, “not necessarily, if the manufacturers quickly establish necessary functional safety protocols, quality control and quality assurance systems.” "The Indian EV industry is bound to prosper and grow beyond our imagination," he asserted. To a question on asset monetisation, Mr. Aramane said: "Last year, we did more than Rs 15,000 crore of asset monetisation, we also got around Rs 5,000 crore through securitisation of toll.

Transport Electric Ministry National Highways Road Transport Monetisation Bharatmala Pariyojana Aramane  monetisation  bharatmala  probed  incidents  giridhar  crore  aramane  secretary  vehicle  pariyojana  national  highways  electric  rs  transport

History of this topic

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag
1 year, 3 months ago

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag

India TV News  

Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. Looking to cash in on the opportunity, Gujarat-based infra major Shashijit Infraprojects has announced that it has secured a Letter of Intent from Hari …

Morning Digest: February 2, 2023
1 year, 10 months ago

Morning Digest: February 2, 2023

The Hindu  

Jobs get highest mention in last Budget before elections In a bid to soothe several votebanks before the 2024 polls, the FM promises tax relief for the salaried middle class, schemes for artisans and tribal groups, sops for women and MSMEs, and jobs for youth. Defence budget up by 13%; hike in allocation for pension The Union Budget presented in …

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth
1 year, 10 months ago

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth

The Hindu  

Support for India's economic growth will come from path-breaking measures such as PM GatiShakti, National Logistics Policy and Production-Linked Incentives schemes, according to the Economic Survey 2022-23. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31. Union Budget Session | Two colleges established in the country every day, says President Murmu Noting that …

Decoding India’s asset monetization gambit
3 years, 2 months ago

Decoding India’s asset monetization gambit

Live Mint  

KOTTAYAM : In the early 1990s, after being repeatedly frustrated by the jumbled and circuitous rail routes along India’s western coast, the Indian Railways decided to construct a new independent rail network along the Konkan coast. To recover the ₹3,600 crore spent on the Konkan line, the Indian Railways effectively hiked the freight rates by using a formula called “chargeable …

OPINION: Demystifying National Monetisation Pipeline and Why India Needs It
3 years, 3 months ago

OPINION: Demystifying National Monetisation Pipeline and Why India Needs It

News 18  

India’s National Infrastructure Pipeline envisages an infrastructure investment of Rs 111 lakh crore over a period of five years. One of the strategies among them is ‘asset monetisation’ and the government has paved the way for preparation of a National Monetisation Pipeline of potential brownfield infrastructure assets to provide a medium-term roadmap for monetisation and give potential investors a ready …

Parsa Venkateshwar Rao Jr | Govt can’t leave it to pvt sector to spend on infra
3 years, 3 months ago

Parsa Venkateshwar Rao Jr | Govt can’t leave it to pvt sector to spend on infra

Deccan Chronicle  

The National Asset Monetisation, also known as the National Monetisation Pipeline, has been launched with the release of the two-volume mini-tome of the Niti Aayog — “National Monetisation Pipeline Volume 1: Monetisation Guidebook” and “National Monetisation Pipeline Volume 2: Asset Pipeline” — by finance minister Nirmala Sitharaman on August 23. Attributing, as usual, the entire initiative to the vision of …

How the National Monetisation Pipeline works
3 years, 3 months ago

How the National Monetisation Pipeline works

Hindustan Times  

Union minister for finance and corporate affairs, Nirmala Sitharaman, recently launched the asset monetisation pipeline of central ministries and public sector entities: ‘National Monetisation Pipeline ’. The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021–22. The Report on National Monetisation Pipeline has been structured …

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years
3 years, 7 months ago

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years

News 18  

The Centre is giving utmost priority to the development of infrastructure and has set a target of road construction worth Rs 15 lakh crore in the next two years. The Minister was confident that his ministry will achieve target of 40 kilometres per day of highways construction in current fiscal, saying “the government is permitting 100 per FDI in road …

A look at the winners and losers of Nirmala Sitharaman's Budget 2021
3 years, 10 months ago

A look at the winners and losers of Nirmala Sitharaman's Budget 2021

India Today  

Amid the sweeping economic distress triggered by the Covid-19 pandemic, Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021, giving major emphasis to healthcare and infra sectors while leaving direct taxes unchanged. Here is a look at the gainers and losers from Budget 2021: WINNERS Healthcare Finance Minister Nirmala Sitharaman put health and well being as one of …

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