Gopal Singh has been holding charge at the helm of the Rs 1.22 lakh crore state-owned firm since September 1, despite figuring in a list of six candidates rejected by the PESB when it conducted interviews for the post in June last year.
The average rate of construction of National Highways (NHs) per day has come down from 22.5 km in 2016-17 to 20.7 km in 2017-18 (data till December 2017), according to fresh data compiled by the Ministry of Road Transport and Highways.
Various govt initiatives, aimed at fishing out yellow metal lying idle with households, have failed to achieve the desired results. The 22 tonnes mobilised under SGB scheme in last 3 years translates to just about 1% of India's physical demand in that period.
India’s exports of steel and aluminium to the US are not significant; protectionist American tariff hikes are unlikely to immediately dent the Indian metals sector. The impact, however, may come through an indirect route.
Of the 13,353 operational ITIs today — from just 6,906 in 2009 — about 11,000 are privately run, with this segment growing annually at the rate of 15 per cent. Accreditation qualifies ITI operators to access funds under the government’s skilling programme.
Since India is not a member of the Nuclear Suppliers Group, the country cannot directly take part in the construction of nuclear power plants in other countries. However, it has individual pacts with Bangladesh and Russia for collaborations in the nuclear sector.
According to DIPP, which measures investment proposals by aggregating the Industrial Entrepreneurs Memorandums, funds which actually went till the commercial production stage between 1992 and 2017 were less than one-eighth of the proposals filed.
Nearly all of the iconic motorcycles arrive in India in parts, and are assembled here. What the company will probably be more worried is a Budget proposal to raise import duties on these so-called CKD kits.
The fact that most manufacturers at this year’s auto expo only showcased concepts on their EV displays, and a growing sense that not much progress has been made on the charging infra front may have caused the govt to backtrack on its plan.
PNB scam: Seventeen months before the PNB loan scandal became public, there was an attempt to defraud the Union Bank of India by abusing the SWIFT messaging system. The situation was “salvaged post event without any apparent monetary loss”.
Various changes have been introduced in the execution of the government's skilling programme to generate more jobs, but to no avail. An average of just over one out of six people trained under the scheme have found a job.