Paradip: GK, General Studies and Current Affairs

‘Purvodaya’ will be launched on 11th January 2020

The Union Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan on Saturday, 11th January 2020 will launch ‘Purvodaya’ which is in line with the vision of Prime Minister of India for focused development of Eastern States of India. The launch event will take place at The Oberoi Grand hotel in Kolkata. Purvodaya is ..

Vizag Port records highest growth rate among major ports

The Vishakapatnam Port Trust has recorded a growth rate of 10% for this fiscal year despite the economic slowdown and weak market conditions. The VPT is currently at the fourth spot among the major ports of India. The first three spots are held by the Kandla Port, Paradeep Port and the Jawaharlal Nehru Port Trusts. ..

Union Cabinet approves sale of Govt. of India’s equity in DCIL to consortium of four ports

The Cabinet Committee on Economic Affairs (CCEA) has recently approved strategic disinvestment of 100% Govt. of India’s equity in Dredging Corporation of India Ltd. (DCIL) to consortium of four ports – Vishakhapatnam Port Trust (VPT), Paradeep Port Trust (PPT), Jawahar Lal Nehru Port Trust (JLNPT) and Kandla Port Trust (KPT). The Govt. of India (GoI) ..

Odisha govt will transfer 2,000 acres land to POSCO

The government of Odisha will soon transfer about 2,000 acres of land to South Korean steel giant Posco to start operations on its 12 billion dollar project near Paradip in Orissa. 500 acres out of the 2,000 acres, acquired by Industrial Infrastructure Development Corporation (IIDCO), have already been transferred to the company and the rest ..