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Government unveils key initiatives to boost industrial growth & investmentsPakistan train hijack saga - security forces make negligible gains despite heavy shelling & firing; over 250 hostages still being heldI-T- Proviso to Section 36(1)(iii) aims to exclude interest costs from being deductible during the period from when loan is initially taken until asset created by borrowing is used in business: HCDisplaying food menu and rate list mandatory aboard trains: Railways MinisterI-T- Section 36(1)(iii) does not distinguish between capital borrowed for revenue or capital assets: HCRBI, NCFE launch joint campaign to boost financial literacyGST - A new entry was inserted to make Carbonated Beverages of Fruit Drink or Carbonated Beverages with Fruit Juice to be taxable @ 14% GST and @12% Compensation Cess - Therefore, these notifications can only have effect from the date it is made effective and prospectively: HCLaw Ministry acknowledges US Securities and Exchange Commission’s request for assistance in lawsuit against Adani Group; Gujarat court asked to serve noticeGST - In the absence of reasons having been assigned in SCN in support of a proposed retrospective cancellation as well as a failure to place petitioner on prior notice of such an intent clearly invalidates impugned action: HCGovt extols pension reforms, focus on senior citizens' welfareGST - Appeal should not be dismissed merely due to a procedural delay, especially when the petitioner has made an effort to comply with statutory requirements, including the pre-deposit of 10%: HCMP Govt unveils Rs 4.21 Lakh Crore budget focussed on industrial growthCX - No disputed question of law is involved - Contention that no personal hearing was granted is contrary to the record - Petitioner should avail alternative remedy: HCGovt recounts steps to improve financial soundness of banks; credit discipline, responsible lending being addressedMisc - Grave prejudice caused - In absence of a notice of any kind and a reasonable opportunity of hearing, the order passed becomes wholly vitiated: HCChin refugees from Myanmar draining resources, creating security threat for Mizoram: Mizo activist writes letter to Home Minister Amit ShahHow Many Days Make a GST Month?Baloch rebels hijack Jafar Express in Pakistan; 20 security personnel killed while about 180 taken hostage; 80 hostages freed so farAAHAR 2025 - APEDA showcases achievements in agriculture & processed food sectorsWhite House dials up heat on Columbia University to expel pro-Palestinian activistsIndia, Qatar ink MoU for bilateral investment, financial tools & PPP frameworkNew electrochemical process developed which turns urine into plant fuelIndia accounts for 3% of global pharma exports; Govt lists steps to curb spurious drugsUkraine backs US-led proposal for 30-day ceasefirePMG reviews mega infra projects in AP & TN; calls for resolution of pending issuesCus - It is for an aggrieved person to choose from available remedies & to bear consequence - including that of lack of jurisdiction; it is for other side to advise caution on that in score: CESTATI-T - Merely because cash were deposited during demonetization period, does not make it tainted: ITATI-T- Retrospective denial of exemption u/s 11 and 12, on grounds of the claimant having been registered u/s 12A, is invalid: ITATI-T- Re-assessment invalid where based solely on conjecture & without being based on any corroborative evidence or independent verification by AO: ITAT
 
PMG reviews mega infra projects in AP & TN; calls for resolution of pending issues

 

By TIOL News Service

NEW DELHI, MAR 12, 2025: THE Project Monitoring Group of DPIIT (Department for Promotion of Industry and Internal Trade) reviewed critical challenges impacting mega infrastructure projects in Andhra Pradesh and Tamil Nadu. During the session, officials examined 25 issues across 15 major projects, including five under the Ministry of Labour and Employment, with a total project cost exceeding INR 10,396 crore. Notably, discussions focused on the Employees' State Insurance Corporation (ESIC) hospitals in both states. These hospitals aim to provide essential healthcare benefits, including specialized treatments, medicines, and hospitalization, for insured citizens and their families.

Another key project under review was Reliance Jio's 5G/4G expansion initiative. Discussions focused on resolving forest and wildlife clearance issues in collaboration with State Governments. This project aims to expand 5G coverage in uncovered areas and enhance existing 4G infrastructure, particularly in remote and challenging regions, including Siachen.

The meeting, chaired by Principal Economic Advisor to the DPIIT, Praveen Mahto, was attended by senior officials from Central Ministries, State Governments, and Project Proponents. Mahto reaffirmed the government's commitment to strengthening the institutional framework for project monitoring and urged authorities to adopt a proactive approach to resolving pending issues.

He also emphasized the critical role of private stakeholders in utilizing the Project Monitoring Group (PMG) mechanism ((https://pmg.dpiit.gov.in) to accelerate project implementation. Enhanced coordination between the Central Government, State Authorities, and the Private Sector remains key to ensuring the timely and efficient execution of these infrastructure projects.

 


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