Amrit Sarovar Mission: The Union government has asked the Ministry of Railways and the National Highways Authority of India (NHAI) to use the soil/silt excavated from ponds/tanks in all districts across the country under the Amrit Sarovar Mission for their infrastructure projects. Amrit Sarovar Mission was launched on 24th April 2022 with a view to […]
Day: June 21, 2022
What Is Surety Bond?
What Is Surety Bond? The Ministry for Road Transport & Highways (MORTH) has asked insurance regulator Insurance Regulatory and Development authority (IRDAI) to develop a model product on Surety Bonds in consultation with general insurers. Several challenging issues which made Surety Bond a complete non-starter with the insurers have also been discussed and it was […]
West Seti Power Project: Nepal
West Seti Power Project: Nepal India will be taking over West Seti Hydropower Project nearly four years after China withdrew from it, ending a six-year engagement between 2012 and 2018. Earlier, the Indian Prime Minister visited Lumbini, where he celebrated 2566th Buddha Jayanti celebrations, also Nepal invited India to invest in West Seti Hydropower Project. […]