Uttar Pradesh

World Bank approves $650 million loan for Eastern Dedicated Freight Corridor

World Bank has approved an additional loan of 650 million dollars for India’s Eastern Dedicated Freight Corridor (DFC) Project.

It was approved in third round of World Bank funding and follows earlier two other loans by the bank for this project.

This loan will fund

  • To build 401 km Ludhiana-Khurja section that falls in three North Western states of Uttar Pradesh, Haryana and Punjab.
  • To develop and enhance the institutional capacity of the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) and to build and maintain the DFC infrastructure network.

Eastern Dedicated Freight Corridor (DFC) Project

  • DFC Project aims at the faster delivery of goods between the northern and eastern parts of the country.
  • The project will further help to increase the capacity of freight-only lines. It will raise the axle-load limit from existing 22.9 tonnes to 25 tonnes.
  • The speeds of freight carriers will be further boosted up to 100 km/hr due to dedicated freight lines.
  • Apart from faster delivery of goods, this project is also going to help to reduce greenhouse gases (GHGs) emissions caused by road transportation in this region.

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Union Cabinet gives nod to revised estimate for East-West freight corridor

Union Cabinet has given to 81,459 crore rupees revised estimate for Eastern and Western Dedicated Freight Corridor (DFC) Project.

Decision in this regard was taken in Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi. Cabinet also has given nod to include land costs and financing plan for this for East-West freight corridor.

The revised cost estimate comprises construction cost of 73,392 crore rupees of the Eastern and Western DFC along with additional land acquisition cost of 8,067 crore rupees.

In this revised estimate, the cost of the 534-km Sonnagar-Dankuni section has been excluded as this section is proposed to be implemented through Public-Private Partnership (PPP) route.

Eastern and Western Dedicated Freight Corridor (DFC) Project on completion will pass through 9 states. They are Maharashtra, Gujarat, Rajasthan, Punjab, Haryana, Uttar Pradesh, Bihar, Jharkhand and West Bengal.

This project will significantly help to reduce transportation cost and benefit mines, powerplants and ports present along its route. It will also help to boost trade and industry.

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Union Government cancels licences of over 2,000 NGOs

Union Government recently has cancelled the licences of over 2000 Non-Governmental Organisations (NGOs) across the country.

The decision to cancel the registration of these NGOs was taken by the Union Home Ministry. The registration was cancelled after these entities failed to submit their annual returns and in view of other anomalies under the provisions of Foreign Contribution Regulation Act (FCRA), 2010.

Prior to cancellation of registration, all these organisations were given proper notice by the Foreigners’ Division of the Home Ministry with adequate time to reply.

It should be noted that Maharashtra tops the list with the cancellation of licences of 964 NGOs followed by Uttar Pradesh with 740 and Karnataka with 614. The licences of 88 NGOs were cancelled in Tamil Nadu.

Earlier licences of nearly 13 thousand NGOs were cancelled in two rounds of crackdown for alleged violation of FCRA, 2010. Thus, with this cancellation, these NGOs now would not be able to receive foreign funds.

As per the mandatory provisions of FCRA, 2010 it is necessary for every registered NGO to submit its returns annually, irrespective if they have or not received foreign funding in that particular year.

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