Press Information Bureau
Government of India
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Vice President to lay Foundation Stone for the First Ever Rail Connectivity to Sikkim
New Delhi : October 29, 2009
Sikkim will have the first ever rail connectivity with the laying of foundation of the new broad gauge railway line between Sikkim's small township of Rangpo and West Bengal's border town of Sivok. Vice President, Shri M. Hamid Ansari, will lay the foundation stone for this new Rangpo-Sivok Railway line at a function at Rangpo in august presence of Union Railway Minister Kumari Mamata Banerjee, Governor of Sikkim, Shri Balmiki Prasad Singh and Chief Minister of Sikkim, Dr. Pawan Chamling.
This 52.7 km long new broad guauge Rangpo-Sivok line will be constructed at a cost of Rs. 1339.48 crore and has been declared as a 'National Project' for which 75 per cent of the fund would be provided by Ministry of Railways through their gross budgetary support and balance 25 per cent as an additionality by Ministry of Finance.
The survey for further extension of this line from Rangpo upto Sikkim's capital Gangtok (69 km) has also been completed recently and survey report is under examination in the Ministry of Railways.
AKS/HK/LK/TR /spandey
Press Information Bureau
Government of India
*******
State Industry Secretaries to deliberate on ways to Accelerate Industrial Investment
New Delhi : October 29, 2009
Industrialization is considered to be the prime engine of economic growth due to its significant role in domestic value addition and national capacity building. Thus accelerating investments into the industrial sector is one the major focus areas of the Government of India. Since there are several areas of industrial development which fall within the purview of the State Government, the Dept. of Industrial Policy and Promotion (DIPP) has been conducting meetings from time to time with the states. The last conference in May 2008 focused on various issues relevant for the growth of industry in India e.g. simplification of business regulations, provision of land and infrastructure, promotion of productivity, design standards and innovation in industry etc. A number of useful suggestions for promoting industrial growth emerged from the conference.
The conference was followed up with a detailed study of 17 Indian cities with respect to status of licensing and clearances required for starting and operating a business in India (Doing Business in India 2009), and the launch of the eBiz project to create a one-stop portal for offering investment related G2B services.
To build upon the earlier discussions and initiatives, and to accelerate the process of industrial development in India further, a conference of State Industry Secretaries is being held on 30th October, 2009, in Udyog Bhawan, New Delhi. The Conference will focus on accelerating industrial investments through creation of a business friendly policy environment in the country. Deliberations will cover
„X The findings of the ¡¥Doing Business in India 2009¡¦ study by the World Bank;
„X National ¡¥Best Practices¡¦ in Investment Promotion and Regulatory Reforms covering areas such as issue of permits, payment of taxes, provision of utility connections etc;
„X The role of states in the implementation of the mission mode e-Biz project;
„X The concerns of industrial investors and DIPP¡¦s effort to address them through the ¡¥Invest India¡¦ initiative.
The Conference will be aimed at strengthening the synergies between the states and the Government of India for attracting greater investments into the industrial sector. Emphasis will be laid on the measures required to be taken by the State Governments as they are at the cutting edge of investment promotion. Steps needed to be taken at the level of Government of India to speed up reforms and resolve roadblocks for attracting more investments will also be discussed.
RJ /spandey
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