Wednesday, July 15, 1998
SAIL and Indian Railways pledge joint investments
At an epoch-making meeting on Tuesday the country's sole rails producer, the Steel Authority of India (SAIL) and its nit-picking customer, the Indian Railways, not only agreed to continue to do business, but also pledged joint investments to cater for the future demand for rails. The Indian Railways' requires seven lakh tonne of 60 kg rails, but SAIL is at present only in a position to supply 60,000 tonne of the specifications that the Railways demand.
CII to advice Centre on new counter-guarantee norms
The Confederation of Indian Industry (CII) has decided to take up the vexed issue of new counter-guarantee norms at various levels of the government, starting with power and finance ministries to the prime minister's office. The issue is taken up on behalf of the fast track power project promoters who are irked by the new counter-guarantee norms.
I&B ministry rapped for tardy progress
The standing committee on communications has rapped the Union information and broadcasting ministry for falling short of targets. The targets were primarily set in terms of hardware and reach of the public service media in the Eighth Five-Year Plan and the 1997-98 annual plan.
|
|
