The Financial Express -- Economy

Saturday, November 8 1997

DoT asked to furnish details on Rs 407-crore ADB loan

Two years after negotiating a Rs 407 crore loan from the Asian Development Bank (ADB) and after spending nearly Rs 50 crore as commitment charges, the department of telecommunications (DoT) is still undecided about whether or not to go ahead with the loan. The only problem with the delay in taking a decision is that the loan expires by the end of the month.

Environment Protection Act may be enforced on polluting hotels

The government is planning to enforce Environment Protection Act against polluting hotels in the country as has been done in the case of industries. It has already decided to chalk out a strategy under which the state pollution control boards will be instructed to check the flow of untreated hotel sewage into rivers, lakes and open nallahs.

Service tax for transport of goods from November 16

The government has decided to bring into effect the service tax in relation to transport of goods with effect from November 16,1997. The tax will be payable in respect to the service rendered for transport of goods by road to factories established by or governed under various acts.

74% foreign equity participation allowed in airport infrastructure

Child I-Nit '97

N-E states urged to maintain price uniformity under PDS

Environment Protection Act may be enforced on polluting hotels

2 bauxite mines in Orissa spotted

Distributors sore over LPG commission hike

VSNL staffers to go on mass casual leave on November 11

Exhibition on TV software market from December 9

DoT asked to furnish details on Rs 407-crore ADB loan

Commerce minister reiterates India's opposition to new issues at WTO

BJP set to oust Parikh-led govt

GVR for industry-govt talks