Infrastructure Projects Current Affairs - 2020

March 10: CISF Raising Day

Every year, the Central Industrial Security Force Raising Day is celebrated on March 10. The CISF works under Ministry of Home Affairs. It was set up in 1969 under the CISF act, 1968 passed in Parliament of India. About CISF Though established in 1969, the CISF was made an armed force in 1983. The sanctioned Read More…

Budget 2020: Economic Development-Commerce, Industries and Infrastructure

The Union Budget 2020 was presented by the Finance Minister Shrimati Nirmala Sitaraman. The budget was presented under three themes namely Aspirational India, Economic Development and Care Giving. The Economic Development includes industries, commerce and manufacturing. The Finance Minster referred to words Sreni (Guilds) and Seti (Wholesale Merchants) from Harappan Civilization seals. This proves that Read More…

Centre sets up Task Force for drawing up National Infrastructure Pipeline

Central government constituted a task force for drawing up a roadmap for ‘National Infrastructure Pipeline’ (NIP) of Rs.100 lakh crore from financial year 2019-20 to 2024-25. The Task Force is headed by Economic Affairs Secretary Atanu Chakraborty would cover greenfield and brownfield projects costing above `Rs.100 crore each. About Task Force Objective: To identify technically Read More…

Project Sampark: Defence Minister inaugurates Ujh and Basantar Bridges in J&K

Union Minister of Defence Rajnath Singh inaugurated 1 km long Ujh bridge in Kathua district and 617.40 m long Basantar bridge in Samba district of Jammu & Kashmir. Both of these bridges have been constructed by Border Roads Organisation (BRO) under 69 RCC/13 BRTF of Project Sampark. Key Highlights Ujh bridge (1 Km long): is Read More…

Government inks $300 million loan agreement with ADB to support IIFCL

Union Government has inked $300 million Loan Agreement with Asian Development Bank (ADB) to support lending by India Infrastructure Finance Company Limited (IIFCL). The loan will enhance availability of long-term finance for PPP projects, improve operational capacity of IIFCL. It will expand portfolio of infrastructure financing instruments available to IIFCL. It is expected to compliment Read More…