Govt approves 8 high-speed road corridor projects of Rs 50,655 cr | India News

The government on Friday approved eight national high-speed road corridor projects of length 936 km entailing investment of Rs 50,655 crore to improve logistics efficiency and connectivity across the country, an official statement said. The implementation of these eight important projects will generate an estimated 4.42 crore mandays of direct and indirect employment, it said. The projects approved by the Cabinet Committee on Economic Affairs include 6-Lane Agra-Gwalior National High-Speed Corridor, 4-Lane Kharagpur-Moregram National High-Speed Corridor, 6-Lane Tharad-Deesa-Mehsana-Ahmedabad National High-Speed Corridor, 4-lane Ayodhya Ring Road, 4-Lane Section between Pathalgaon and…

Government approves 8.1% EPF interest rate for 2021-22

[ad_1] The Employees’ Provident Fund Organization (EPFO) will soon start charging its members an interest rate of 8.1% for 2021-22 as the finance ministry has ratified the rate proposed by the retirement fund body in March. In March, the Central Board of Trustees (CBT), the highest decision-making body of the EPFO, decided to reduce the interest on provident fund deposits for 2021-22 to a four-decade low of 8.1% for about 65 years. million customers. It was the state with the lowest EPF interest since 1977-78, when it was 8%, but…