Govt to formulate streamlined approval process for PPP projects, core infra asset monetisation

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Finance Minister Nirmala Sitharaman on Monday said new streamlined approval process for PPP projects and monetisation of core infra assets will be formulated, which will help fast-track asset monetisation by CPSEs. Announcing a set of economic relief measures, she said the current process was long and required multiple approvals for public private partnership (PPP) projects. … Read more

Saurabh Garg appointed UIDAI CEO, Sanjeev Kumar to be AAI chief

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Senior bureaucrat Saurbah Garg has been appointed as the Chief Executive Officer (CEO) of Unique Identification Authority of India (UIDAI) as part of a bureaucratic reshuffle effected by the Centre on Thursday. Garg is at present serving in his cadre state Odisha. He is a 1991 batch IAS officer. The Appointments Committee of the Cabinet … Read more

Major port trusts, AAI out of the scope of PSE strategic divestment policy

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NEW DELHI: Certain classes of public sector entities, like major port trusts, Airport Authority of India, those undertaking security printing and minting, will not fall within the purview of the new PSE policy for strategic disinvestment. The new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic and … Read more

Work to deliver 2 cr doses of COVID-19 vaccine to 41 places by Jan 8 underway: AAICLAS

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Indore: A senior official of AAI Cargo Logistics and Allied Services Co Ltd (AAICLAS) on Wednesday said the work to deliver two crore doses of COVID-19 vaccine to 41 destinations across the country from Pune by January 8 is underway. On the sidelines of a programme here, AAICLAS Chief Operating Officer K Selvakumar told reporters … Read more

Blocking of online system for tax incentives under MEIS to hit aluminium exports: AAI

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New Delhi: Blocking of the online system for exporters to apply for tax incentives under the export incentive scheme MEIS has created an “extremely precarious situation” for aluminium exports, the Aluminium Association of India (AAI) said on Wednesday. The move will further render exports vulnerable and uncompetitive, the industry body added. The commerce ministry has … Read more