Delhi
HC stops BSNL from awarding GSM deal
New Delhi: The Delhi High Court has restrained
Bharat Sanchar Nigam (BSNL) from awarding any contract
for its GSM network expansion till the next hearing on
November 16. This was on the basis of a petition filed
by Motorola, which was disqualified by BSNL on technical
parameters from participating in the bidding.
(See: BSNL
restrained from awarding GSM contract)
Last
month BSNL had opened bids for the mega expansion of its
GSM network to add over 45 million lines over a period
of three years at an estimated cost of about Rs20,000
crore.
In
the bidding Ericsson had emerged as the lowest bidder
followed by Nokia of Finland.
Back
to News Review index page
Global
wheat shortage expected
New Delhi: A global wheat shortage has sent off
alarm bells in the government just when two major wheat-producing
and consuming states are set for elections.
A
report by the United States Department of Agriculture
predicts a grim global outlook for wheat in the coming
year because production forecasts for several countries
that have finished harvesting have been revised downward.
The
Australian Wheat Board (AWB) has already announced that
a severe drought in Australia may cut the country's wheat
output in 2006-07 by almost 64 per cent over last year
and Australia may be forced to import feed grain to meet
its local demand.
Ukraine,
a major wheat producer, too, has suspended export of wheat.
China's
wheat production has fallen by 1.5 million tonnes to 103.5
million tonnes with small downward revisions in area and
yield.
The
wheat crop in Brazil is also said to have failed.
The
report warns that despite a small increase in wheat production
in Canada, the US and South Africa, global wheat production
next year is set to come down.
This
is causing the government to go into a procurement overdrive.
Finance
Minister P Chidambaram has warned the agricultural ministry
that importing more wheat could cost India considerably
more than what it had paid this year. India is importing
5.5 million tonnes (of which around 2.4 million tonnes
have arrived till October 31) at an estimated bill of
around Rs4,700 crore.
Though the government has increased the minimum support
price for wheat to Rs750 a quintal, futures prices have
touched Rs1,100 and continue to climb.
Early
and large procurement by the Food Corporation of India
next March, when the wheat crop is harvested, alone would
ensure India did not face a wheat crisis, the sources
added. The ball, they said, was now in the agriculture
minister's court.
The
government knows a wheat shortage could have major repercussions
in the Assembly elections in the wheat-producing states
of Punjab and Uttar Pradesh, due early next year.
Back
to News Review index page
NHDP
projects worth Rs4,439-crore get approval
New Delhi: The Public Private Partnership Appraisal
Committee (PPPAC) has approved nine highway projects with
an investment of Rs4,439 crore under the third phase of
the National Highway Development Programme(NHDP).
The
committee has so far approved 10 highway projects of NHAI
involving a total investment of more than Rs5,000 crore
and also a port sector project.
The
committee cleared the setting up of an iron ore handling
facility on build, operate and transfer (BOT) basis at
New Mangalore port at a total cost of Rs103 crore.
The
committee also cleared six and four laning of the NH-10
section from Delhi-Haryana border to Rohtak, including
theconstruction of Bahadurgarh and Rohtak bypasses on
BOT basis, whose project cost is estimated at Rs441 crore.
Four
laning from the junction of NH-68 with NH-7 near Salem
to the junction of NH-68 with NH-45 near Ulundrupet, at
a project cost of Rs941 crore was also cleared by the
committee.
Back
to News Review index page
|