New Transport Policy
Thursday, September 13, 2007
The Rajasthan Government will shortly announce a new transport policy to deal with the growing pressure of vehicular traffic in the cities and bring uniformity to the action plans for making public transport arrangements and creating parking facilities in the urban areas.
Based on existing resources
State Transport Minister Mohammed Yunus Khan, addressing the first meeting of the newly appointed Integrated Metropolitan Authority and Executive Council here on Tuesday, said the policy would take care of the resources and plans during the next 20 years. The new policy will take into account the growth of population, number of tourists visiting the cities, number of vehicles plying on roads and the rising pollution level while recommending measures for a smooth traffic flow and safe journey for city dwellers.
Special provisions
Special provisions for flyovers and elevated roads will be made for the areas with high traffic density. Mr. Yunus Khan said the State Government had established city level transport companies in Jaipur, Kota, Udaipur and Jodhpur for operating the Bus Rapid Transport System (BRTS). A 42-km-long BRTS corridor, divided into three packages, is proposed to be constructed in Jaipur, with the buses set to hit the roads by July next year.
Introducing new buses
The Minister pointed out that six routes had been identified for BRTS in Jodhpur and 12 buses had started plying on three of them, while 12 buses had been introduced on six routes in Kota and 18 buses in Udaipur.
Posted by Tanuj Goyal 2:36 PM 0 comments
Labels: buses, news, policy, transport
Real Estate Bank To Enter Rajasthan
Monday, August 6, 2007
Bangalore-based Real Estate Bank International (REBI) has drawn out an ambitious expansion plan for Rajasthan. REBI offers all the services required in real estate sector.
“We are into brokerage services, financial services, database services and relocation services,” Lakshmi Narayanan, president and CEO, Real Estate Bank International, said.
He said the company has been the pioneer in offering all the services under one roof to make real estate transactions transparent and easy for both buyers and sellers.
“We have already commenced its operation in Karnataka, Kerala, Tamil Nadu and now we plan to expand it in Jaipur and other parts of Rajasthan,” he said.
“We have commenced our overseas operations in Sri Lanka and soon would like to go to countries like Dubai, UK, USA, Singapore, Malaysia and Australia,” Narayanan said.
In the next three years it would like to set up 3,000 franchisee all over India. And in Rajasthan alone we expect to set up several franchisee outlets. We hope to have at least 7 franchisee in Jaipur alone.
Elaborating on the services, Lakshmi Narayanan said under brokerage services we extend help in buying, selling and leasing property.
These services are offered through an extensive network of franchisees and also through the Internet. Under database services, exhaustive information of properties will be showcased to the customer, he informed.
India’s realty segment is growing at 30-35 per cent per year in terms of investment. At present, the size of the industry is put at $ 16 billion and is expected to grow to $25 billion, $50 billion and $102 by 2010, 2015 and 2017 respectively.
The main growth thrust is coming due to favorable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favourable reforms initiated by the government to attract global investors
Posted by Tanuj Goyal 5:02 PM 0 comments
Labels: news
BITS Pilani Rajasthan Alumnus takes over as IDBI Chairman
Wednesday, July 18, 2007
He started off as a probationary officer in 1972 and has held top notch executive positions in State Bank of Patiala and State Bank of India. A decade ago, it was he who pioneered the prestigious Gold Banking Business for SBI.
He is known for his boldness to take tough decisions. With focus on strategy, his preparedness to face tough competitions and his emphasis on well-laid out systems and procedures, he is bound to take IDBI to great heights in the times to come.
He is none other than Mr Yogesh Agarwal who is a proud alumnus of BITS Pilani.
Dr BR Natarajan is Professor and Dean at Birla Institute of Technology and Science (BITS), Pilani Rajasthan which isone among the top ranking universitiesin India today offering degrees in Engineering, Management, Economics, Pharmacy, Sciences, Engineering Technology, Information Systems, General Studies, Finance, etc presently at Pilani, Dubai, Goa campuses and in the near future at Hyderabad campus as well as an array of work integrated learning programmes for HRD of a vast spectrum of Indian corporates.
Posted by Tanuj Goyal 11:18 AM 0 comments
Labels: news
