Farooq Abdullah recommends Rs 50 lakh from his MPLAD fund for Relief work in Leh

---------- Forwarded message ----------
From: Press Information Bureau Ministry of I&B <pib.kolkata@gmail.com>
Date: Mon, Aug 30, 2010 at 1:03 PM
Subject: Releases............pt1

Press Information Bureau

Government of India

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Ministry of New and Renewable Energy

Farooq Abdullah recommends Rs 50 lakh from his MPLAD fund for Relief work in Leh

New Delhi: August 30, 2010.

 

Shri Farooq Abdullah, Minister of New and Renewable Energy has recommend the release of an amount of Rs 50 lakhs from his MPLAD fund for the relief work in Leh region of Jammu and Kashmir in view of the cloudburst  (which is the maximum amount permissible to be given out from the MPLAD scheme for this purpose).

In a communication to the Govt of Jammu and Kashmir, Shri Abdullah has also requested the J & K government that he may be kept informed of the sanction and the progress of the work/implementation..

 

rj/dk/kol/13:01 hrs.

 

Press Information Bureau

Government of India

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Ministry of Railways

Railways' New 'R3i policy' aims at attracting private sector participation in Rail connectivity

New Delhi: August 30, 2010.

 

New R3i policy (Railways' Infrastructure for Industry Initiative) which was recently formulated by the Ministry of Railways is aimed at attracting private sector participation in rail connectivity projects so that additional rail transport capacity can be created. The primary objective of this policy is to retain and increase rail share in freight traffic. It also aims at making rail option more competitive for prospective customers by sharing their burden in getting rail connectivity and allowing them to get a share in the freight revenues generated through freight traffic moving via new line. This policy shall not be applicable to lines intending to provide connectivity to coal mines and iron ore mines directly or indirectly.

Only those new line proposals which are 20 kms or more in length excluding the length of siding which may take off from this line) shall be eligible under this policy. The policy allows for four models viz., (a) Cost sharing-freight rebate model, (b) Full contribution- Apportioned earning Model, (c) the SPV model and, (d) the Private Line Model.

With the Indian economy growing at a rate of 8 per cent over the past few years, new areas are opening for investment many of which do not have any rail connectivity. These have significant potential for freight traffic and therefore Indian railways has to be proactive in seizing these opportunities in order that the high rate of growth of freight traffic in the last few years can be sustained. However, with too many competing demands, resources are a constraint and alternative sources of funding through private sector participation must be explored and encouraged. This policy explores such alternative sources.

This new policy document also includes the eligibility criteria and other relevant details which can be seen at Ministry of Railways' website www.indianrailways.gov.in

 

aks/hk/lk/tr/dk/kol/13:01 hrs.

--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/