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English Releases
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Year |
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- Modification in Delegation of powers for approval and appraisal of National Highways projects (13-June 2013)
- Restructuring of Multi-sectoral Development Programme for its implementation during 12th Five Year Plan (04-June 2013)
- Payment of statutory dues, salary and wages to M/s. Hindustan Photo Films Mfg. Co. Ltd. (HPF), Udhagamandalam - sick/loss making PSE (04-June 2013)
- Revival of Nagaland Pulp and Paper Company Ltd. Tuli, Nagaland (04-June 2013)
- Phase I of redevelopment of Safdarjung Hospital (04-June 2013)
- Final approval for 4-laning of Dimapur - Kohima section of NH-39 in Nagaland (23-May 2013)
- World Bank funded National HIV/AIDS control support project (23-May 2013)
- Continuation of monthly Above Poverty Line (APL) allocation of foodgrains at the rate of 15-35 kg per family to States/UTs (16-May 2013)
- Upgradation of existing facility and creation of new facility at Visakhapatnam Port Trust for iron ore handling (16-May 2013)
- Revival of closed units of Fertilizer Corporation of India Limited (09-May 2013)
- Setting up of new major ports in the states of West Bengal and Andhra Pradesh (09-May 2013)
- Financial Restructuring of Andrew Yule & Company Limited (AYCL) (02-May 2013)
- Rashtriya Madhyamik Shiksha Abhiyan (RMSA) - revision of certain norms and subsuming of other centrally sponsored schemes of secondary education under RMSA (02-May 2013)
- Approval for M/s. Ingka Holding B.V., Netherlands for FDI in single brand retail trading of products under the brand “IKEA” (02-May 2013)
- Full reimbursement of losses to National Agricultural Cooperative Marketing Federation of India Ltd. on procurement of copra under Price Support Scheme (02-May 2013)
- Extension of Government Guarantee of Rs.1781 crore along with waiver of one percent guarantee fees to enable NAFED and CWC to undertake price support operations for procurement of oil seeds, pulses and cotton (02-May 2013)
- Proposal for extension of completion date of NATRiP project (02-May 2013)
- Creation and launch of an Exchange Traded Fund comprising stocks of listed CPSEs (02-May 2013)
- Approval for four laning with paved side shoulders of Ghoshpukur-Falakata-Salsalabari section of NH-31D in West Bengal (02-May 2013)
- Approval for four laning of Rewa to Sidhi section of NH-75E in Madhya Pradesh (18-April 2013)
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Cabinet Committee on Economic Affairs (CCEA)
Modification in Delegation of powers for approval and appraisal of National Highways projects
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The Cabinet Committee on Economic Affairs (CCEA) approved the proposal for a change in the delegation of powers for appraisal and approval of National Highways projects. This will simplify the appraisal and approval of the National Highway projects. At present, projects of Rs.500 crore or above require investment approval of the CCEA but projects below Rs. 500 crore have varying appraisal and approval levels, depending on the source of funding and mode of implementation of projects.
National Highways projects above Rs. 500 crore would now be appraised by a Committee chaired by Secretary, Expenditure or the PPPAC, as applicable and approval will be given by the CCEA in accordance with extant guidelines and instructions.
Appraisal of projects below Rs. 500 crore, other than those to be appraised by Ministry of Road Transport & Highways (MoRTH) would be carried out by Standing Finance Committee (SFC) chaired by Secretary, Road Transport & Highways (RTH) with the approval by Minister, RTH subject to fulfilment of certain conditions. In case conditions are not satisfied, the proposal would be brought before the Public Private Partnership Appraisal Committee (PPPAC) or Committee chaired by Secretary, Expenditure for public funded projects and sent to the CCEA for decision. In case of a difference of opinion or dissent by members of the SFC representing Planning Commission / Department of Economic Affairs / Financial Adviser regarding approval of the project, the dissent would be recorded and considered by the Minister, Road Transport and Highways for an appropriate decision.
The delegation available with MoRTH for appraisal and approval of projects as result of this rationalisation will be raised to Rs. 500 crore. With increase in costs over time, a large number of projects taken up by MoRTH are in the range of Rs. 300 crore to Rs. 500 crore. Since the process of formulation and appraisal of National Highway projects is well established after the adoption of the prescribed bid process, model contract documents and manuals of specification and standards by MoRTH, this delegation is expected to expedite the approval process without compromising on due diligence and physical prudence.
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SC/SH/LM
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