22K construction sites in Gujarat join nationwide strike
By IANS |
Published on
Fri, Feb 12 2021 22:12 IST |
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SC asks banks to finalise proposals to finance unfinished Amrapali projects. Image Source: IANS News
Gandhinagar, Feb 12 : Real estate developers and contractors in Gujarat on Friday participated in the one-day nationwide strike to protest against the exorbitant and unacceptable price hike of cement and steel.
Construction work on more than 22,000 sites came to a standstill opposing the artificial price hike by the cement and steel companies. The associations on strike also demanded that the government should constitute a cement regulatory authority for price regulation.
Government To Support About 15.62 Lakh Electric Vehicles Through Subsidies: Report
Union Minister, Nitin Gadkari has said that the phase-II of FAME India scheme is being implemented with total budgetary support of Rs. 10,000 crore. With this, the government plans to support about 62,000 electric passenger cars and buses, and 15 lakh electric three- and two-wheelers in India. By Seshan Vijayraghvan (With inputs from PTI) | Updated:
12-Feb-21 04:33 PM IST
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The phase 2 of FAME India scheme is being implemented with total budgetary support of Rs. 10,000 crore
Highlights
It covers about 62,000 e-cars, e-Buses & 15 lakh electric 2- & 3-wheelers
The government also plans to support creation of charging infrastructure
Pitching for an integrated approach for developing indigenous fuel cells in the field of electric vehicles, he said India today stands at the cusp of becoming the world leader in this field as well as automobile manufacturing.
Pricier steel can be costly for economy
Worrying trend Rising steel prices can have a debilitating impact on infrastructure projects - The Hindu
Worrying trend Rising steel prices can have a debilitating impact on infrastructure projects - The Hindu×
To sustain post-Covid recovery, steel import tariffs must be cut to zero and iron ore export curbed
The Competition Commission has opened a
suo motu probe into cartelisation by steel companies to set prices, which have been on the rise for some time now.
Indeed, Union Minister Nitin Gadkari had flagged the steel price rise, and even wrote to Prime Minister Narendra Modi seeking his intervention. In her latest Budget, Finance Minister Nirmala Sitharaman reduced the import duties on steel, half acknowledging the problem but reducing the import duty is not enough.
NEW DELHI, Feb 11: Union Minister Nitin Gadkari will on Friday launch India's first CNG tractor that could save about Rs 1 lakh annually on fuel costs,