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Big blow to Uddhav govt as Bombay HC orders stay on Metro car shed project

Big blow to Uddhav govt as Bombay HC orders stay on Metro car shed project Bombay High Court also ordered the Mumbai Metropolitan Region Development Authority (MMRDA) to maintain status quo on the land. Share Updated: Dec 17, 2020, 08:29 AM IST In a jolt to the Maha Vikas Aghadi government, the Bombay High Court on Wednesday granted an interim stay on the Collector s order transferring 102 acres of saltpan lands at Kanjurmarg for constructing the Mumbai metro car shed. A division bench of Chief Justice Dipankar Datta and Justice GS Kulkarni also ordered the Mumbai Metropolitan Region Development Authority (MMRDA) to maintain status quo on the land till the Centre and other parties claiming title rights on the disputed land are heard.

India receives FDI inflows worth $40b during April-September period

India receives FDI inflows worth $40b during April-September period 17 Dec 2020 FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into India. While inviting the participation of foreign investors into India’s economy, Union Minister Piyush Goyal on Tuesday said during April-September period, the country received FDI inflows worth $40 billion. Addressing the inaugural session of CII’s Partnership Summit 2020, through virtual means, Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Goyal invited foreign investors to be a part of India’s growth story. The Minister said continuing on an open path, India has been systematically opening up new sectors of the economy. He said that FDI (Foreign Direct Investment) flows in India have been continuously growing.

MVA jolted as Bombay HC stays land transfer, metro carshed work

MVA jolted as Bombay HC stays land transfer, metro carshed work
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DPIIT making efforts to provide single window system for approvals: Goyal

The commerce and industry ministry is making a genuine effort to set up a single-window system for approvals and clearances as it would help industry reduce their compliance burden, Union Minister Piyush Goyal said on Tuesday. The commerce and industry minister expressed hope that the first cut of the single window would come in March or April next year. The DPIIT (Department for Promotion of Industry and Internal Trade) is making a genuine effort to provide a single-window for approvals amongst various ministries at the centre.and also at the state and local levels. We are trying to integrate this and I do hope that by March or April, you will see the first cut of a genuine single window that can ease your compliance burden, help you promote your businesses and focus on businesses, he said.

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