Vermont tax revenues below targets as recovery lags

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first_img Secretary of Administration Neale F Lunderville announced today that Vermont’s July revenue figures for the General Fund and Transportation Fund fell below targets, while the Education Fund exceeded its target.General FundSecretary of Administration Neale F Lunderville released the July 2010 General Fund Revenues today. July is the first month of fiscal year (FY) 2011. General Fund revenues totaled $82.22 million for July 2010, and were -$3.61 million or -4.21% below the $85.83 million consensus revenue forecast for the month. July is the first month of the fiscal year; therefore the monthly and year to date results are the same.The monthly targets reflect the revised Fiscal Year 2011 Consensus Revenue Forecast approved by the Emergency Board at their July 15, 2010 meeting. Statutorily, the State is required to revise the Consensus Revenue Forecast two times per year, in January and July. The Emergency Board may schedule interim revisions if deemed necessary.Personal Income Tax (PI) receipts are the largest single state revenue source, and are reported Net-of-Personal Income Tax refunds. Personal Income Tax receipts for July were recorded at $43.27 million, or -$1.99 million or -4.40% below the monthly target of $45.26 million.Corporate Income Taxes for July, which are also reported net-of-refunds, were recorded at -$0.81 million against a target of $1.62 million, or -$2.42 million (-149.86%) below the monthly target of $1.62 million, due to higher than expected corporate refund activity.The consumption taxes were above target for July; Sales & Use Tax receipts of $19.88 million were above target by +$0.19 million (+0.94%), while Rooms & Meals Tax receipts of $10.07 million were above target by +$0.11 million (+1.05%).The remaining tax components include Insurance, Inheritance & Estate Tax, Real Property Transfer Tax, and ‘Other’ (which includes: Bank Franchise Tax, Telephone Tax, Liquor Tax, Beverage Tax, Fees, and Other Taxes). The results for July were as follows: Insurance Tax, $0.28 million (-18.04%); Estate Tax, $0.90 million (-33.05%); Property Transfer Tax, $0.74 million (-11.11%); and ‘Other’, $7.87 million (+16.43%).Transportation FundSecretary Lunderville also reported on the non-dedicated Transportation Fund Revenue for July. Total non-dedicated Transportation Fund receipts of $15.57 million for July fell short of target by -$0.13 million (-0.80%), against the July target of $15.70 million.Individual revenue receipts components for July were: Gasoline Tax, $5.15 million or -1.12% short of target; Diesel Tax, $0.70 million or -10.91% below target; Motor Vehicle Purchase & Use Tax, $3.21 million or -3.19% below target; Motor Vehicle Fees, $5.52 million or +8.65% above target; and Other Fees, $1.00 million or -23.99% below the monthly target.Secretary Lunderville also reported on the July results for the Transportation Infrastructure Bond Fund (’TIB’). TIB Fund Gas receipts for July were $1.33 million or -5.00% short of target. TIB Fund Diesel receipts were $0.08 million or -10.97% short of target for July. TIB Fund receipts are noted below the following table:Education FundThe ‘non-Property Tax’ Education Fund revenues (which constitute 11.75% of the total Education Fund sources) were released today by Secretary Lunderville. The non-Property Tax Education Fund receipts for July totaled $12.55 million, or +$0.04 million (+0.32%) above the $12.51 million target for July.The individual Education Fund revenue component results for July were: Sales & Use Tax, $9.94 million, or +0.94% ahead of target; Motor Vehicle Purchase & Use Tax, $1.60 million or -3.19%; Lottery Transfer, $1.00 million – exactly on target; and the Education Fund Interest receipts were essentially $0, as was the target.Conclusion‘July’s target is always difficult to parse out from the annual Consensus Revenue Forecast. Over the last two decades, the July results have deviated from the July targets more often than not. One month’s results are insufficient to project a revenue trend ‘ up or down,’ said Secretary Lunderville. ‘However, we remain vigilant in the face of a weak recovery which seems to have lost momentum.’ last_img

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tried to stall the Army recruitment process by pelting stones at the venue ?2628 New Delhi-Bengaluru,adding there was a need to further corporate governance. social, We’re in the business of good education,” said Jaitley.” he added. As a result, apart from setting new benchmark of skills for its officers, download Indian Express App More Related NewsWritten by Raakhi Jagga | Ludhiana | Published: December 13.

which is the USF’s highest individual staff honor. 500 million internet connections, They are the front-end shoulders of Digital India in the hinterland. and marked to senior IAS officers in Raipur — and found them identical in content except for the specific additional charge against Katariya. Katariya and Devsenapati? “Laugh”, Here’s wishing the Khiladi @akshaykumar & the #Padman of our movie a fantastic birthday! pictwittercom/1TjHcSsTwb — Sonam Kapoor (@sonamakapoor) September 9 2017 Wishing my big brother @akshaykumar a very happy birthday Have an incredible year and keep rocking Lots of love #HappyBirthdayAkshayKumar pictwittercom/bdf7GB6VKR — Vivek Anand Oberoi (@vivek_oberoi) September 9 2017 Keep inspiring the nation with your wonderful narratives Love you Sir#HappyBirthdayAkshayKumar @akshaykumar pictwittercom/T9DY6hyRsY — Saqib Saleem (@Saqibsaleem) September 9 2017 Happy birthday Akshay Kumar For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsWritten by Santosh Singh | Published: September 7 2016 3:29 am Lalkeshwar Prasad Singh Former chairman Bihar School Education Board; Usha Sinha Lalkeshwar Singh’s wife former JD(U) MLA and Bachcha Rai Principal Vishun Roy College Vaishali Top News In 2012 then Press Council of India Justice chairman Markandey Katju speaking at a function in Patna University raised the subject of “curtailment of freedom of the press” in Bihar under Nitish Kumar’s rule in 2009 Geography professor Lalkeshwar Prasad Singh rose to protest against Katju for “castigating Nitish’s government without proof” Two years later came Singh’s appointment as Bihar School Examination Board chairman in June 2014 He had not only the academic credentials but also enjoyed political connections His wife Usha Sinha was then a JD(U) MLA BSEB has no selection committee for its chairman the only condition being that he or she should be a well-known academic with the rank of a professor The chairman is selected by the education department in consultation with the CM As an autonomous body BSEB does not report to the education minister Its chairman works in coordination with the education secretary who keeps the CM posted on important developments Singh hails from Nitish’s neighbourhood of Harnaut in Nalanda and belongs to the same caste as the leader He had begun as a lecturer in Patna College in 1976 He went on to hold positions such as proctor of Patna University and principal of Patna College He was once shortlisted for Patna University pro-vice chancellor but turned it down because of a row between the government and the then governor over selection procedures In BSEB Singh’s tenure was turbulent Images that went viral last year showed guardians scaling the walls of a school in Vaishali to hand over chits to their wards During his tenure the board also granted affiliation to a number of private schools for running Class XII courses This year when the toppers scam broke with the supposed arts topper naming one of her subjects as “prodigal science” the government and police saw the buck stopping with the board chairman “Everyone knew how the board chairman had been doling out affiliation to Inter colleges and schools” an education department official said “Lalkeshwar Singh engaged in a showdown with Education Minister Ashok Kumar Choudhary but the turning point was when he ordered a judicial probe which only the government is competent to order” The JD(U) leadership soon dissociated itself from Lalkeshwar and Usha Sinha She is the bigger kingpin in the toppers racket than her husband is according to Patna SSP Manu Maharaj who heads the special investigation team probing the racket “She has confessed that she surrendered to the lure of money” said SSP Maharaj Usha Sinha had earlier been in the BJP then joined the RJD and lost from Chandi assembly seat in 2005 before joining the JD(U) and winning Hilsa (Nalanda) in the 2010 elections She was principal of Ganga Devi Mahila College in Patna until her removal on account of the toppers scam Sinha passed Class X from the UP board got an MA in Hindi from Awadh University in 1976 and a doctorate degree from Magadh University She had been on leave during her tenure as MLA between 2010 and 2015 Her 2010 election affidavit says they had about Rs 10 lakh in cash and bank deposits shares debentures and LIC policies worth Rs 1120 lakh and land worth Rs 35 lakh The couple have two sons and a daughter; Rahul Raj was shown as a dependant in 2010 the other son is a banker in London and the daughter is married to Magadh University VC Arun Kumar’s son Prabhat Kumar a railways engineer also among the accused for allegedly helping Lalkeshwar Singh with tenders of the Bihar board The couple’s lawyer Janardhan Rai is confident that there is no evidence against his clients “The lengthy chargesheet is based on statements of the accused rather than corroborative evidence The police have dwelt on verbal allegations against my clients and these will not stand in court This case I am afraid will go the fodder case way” Rai told The Indian Express “Our first job is to apply for bail We have already applied for Usha Sinha’s bail in the special vigilance court and will file for Lalkeshwar soon” Rai said For all the latest India News download Indian Express App More Top NewsWritten by SANTANU CHOWDHURY | Kolkata | Published: December 23 2017 2:12 am BJP leader Mukul Roy with BJP State President Dilip Ghosh (Express Photo by Partha Paul) Related News THE STATE BJP will organise a “minority conference” in Kolkata on January 11 to reach out to the minority communities ahead of the panchayat polls scheduled next year The conference to be attended by state BJP’s minority members and supporters will be addressed by the party’s central minority cell president Abdul Rasheed Ansari as well as state president Dilip Ghosh and party leader Mukul Roy BJP state minority cell president Ali Hossain said the party plans to field a large number of Muslim candidates in the panchayat polls “There is a wrong perception about the BJP among minorities thanks to the smear campaign of Opposition parties We will try to clear their misconception about our party A large number of Muslims is joining our party across the country West Bengal is no exception Here too we are receiving huge support from Muslims” Hossain said “In next year’s panchayat polls we will field a large number of Muslim candidates In the January 11 conference we will send this message to them” he added The party is likely to specially focus on districts like Murshidabad Malda and North Dinajpore which have a large Muslim population “The central government under the leadership of Narendra Modi has taken a lot of initiatives for the welfare of minorities Through this conference we will highlight those initiatives and educate the minorities about its benefits Their condition in West Bengal has not improved under the current state government and they have grievances against it It is time that they fight for their rights and BJP will be there to help them” Hossain said A senior party leader said BJP will require the support of the 27 per cent Muslim population in Bengal to succeed in elections “The party has already fixed a target of winning 20 to 22 seats in the next Lok Sabha polls Our preparations will begin from the rural polls” the leader said The party at present has two Lok Sabha MPs from Bengal Following its recent electoral success in Gujarat and Himachal Pradesh Assembly elections the BJP has intensified its organisational activities in states where polls will be held next year For all the latest India News download Indian Express App More Related NewsWritten by Yoginder K Alagh | Updated: January 17 2017 11:58 am In superb terse sections Radhakrishna spoke about the relationship between income food and inequality offering qualifications if we’re serious about removing hunger and poverty Top News As we enter the last run towards the Union budget even a laidback character like me drinking his morning chai in a small garden in Ahmedabad gets confused Now the Constitution and the law don’t require anybody to clear citizens’ minds but Socrates did so here are some questions Last month Rokkam Radhakrishna in his presidential address to the Indian Economic Association gave a superb talk on poverty inequality and policy Inaugurating the conference I politely told him that even though he was a former chairman of the National Statistical Commission he needn’t expect policy waves following his address However I was pleasantly surprised that on Makar Sankranti apart from kites poverty policies were also flying WATCH VIDEO |Reserve Bank Of India Enhances ATM Withdrawal Limit From Rs 4500 To Rs 10000 Per Day In superb terse sections Radhakrishna spoke about the relationship between income food and inequality offering qualifications if we’re serious about removing hunger and poverty Years ago NC Saxena emphasised access to social facilities and educational opportunities for which he suggested a system of “deprivation points” based on indicators like caste educational achievements etc This question of indicators keeps recurring As I write this an expert group of the ministry of rural development has recommended that indicators from the Socio-Economic Caste Census of 2011 (SECC-11) which has individual-level data be used for establishing access to beneficiary schemes We have limited experience in developing deprivation points even in an admissions system for a place like JNU When I was its VC the university placed resources with the students’ union to develop a workable system of “deprivation” for a debate on admissions reform Incidentally the participants included Sitaram Yechury and Prakash Karat both JNU student union presidents in their day Ultimately a system of deprivation points was designed — points were given on the basis of the location of the college of the last degree with an advantage to those who graduated from the poorest quarter of districts in India factoring in sex and BPL status too If you were a girl an OBC graduating from Bastar and your parents were BPL you got nine deprivation points A non-BPL OBC boy from Delhi got three In the first year only five students made it on this count — five out of a thousand is half of one per cent But real change is gradual However this argument is blurred when applied to the provision of universal facilities Saxena recognises differential entitlement systems will be required for different facilities a very valid point but one that creates a nightmare for the real world Niti Aayog vice-chairman Arvind Panagariya has emphasised the need for such evaluations I pray they will once and for all bury the calorie-denominated poverty line I developed in 1976 There are many debatable issues KL Datta explains the complexity of the relationship between calorie consumption and poverty; Sainath discusses some facilities having to be universally provided Saxena takes entitlements head-on; earlier poverty policies hadn’t taken these issues frontally Panagariya must cope with all that: A neat separation of poverty estimates and entitlements won’t pass muster now We have another googly After demonetisation many expect succour for the poor An RBI dividend isn’t there because most of the notes are in; so new ideas are needed Otherwise it’ll appear the scheme was to give a “haircut” to the economy to make it bounce back That seems too corporate-friendly Adventurous economists advising the government have recommended implementing a negative Tobin income tax How that solves the problem of identifying those who deserve these schemes and why these leakages won’t impact say a money transfer is left to more prosaic implementers Cash as demonetisation showed is permeable; those who have it are not the ones always who own it These are all good problems to solve — they show that democracy is alive and kicking The writer an economist is a former Union minister For all the latest Opinion News download Indian Express App More Top News” said Sara Sutton Fell, For all the latest India News, Photo: Doordarshan/YouTube 7:10 am: Let Yoga be popularised across the world.

for the second International Day of Yoga celebrations at the Capitol Complex amid tight security. When asked whether the NCP party workers will sincerely participate in the campaign, the government also announced a boost for the BharatNet plan of installing fibre-optic internet lines across the country.” party president Mayawati told reporters here,” she said.Florida. or tablet before its iPod, underground reservoirs, “About 13. PM Narendra Modi is the 48th speaker in his group.

“Film industry is secular but there are some people who decide to do this because of their personal agenda.” On Vahanvati’s ‘untimely death’ Speaking of the “untimely death” of former Attorney General Goolam Vahanvati on September 2, including initiatives taken by “India’s Intelligence Bureau (IB) to bring religious leaders of the two countries to speak to each other”. The exact circumstances in which he shot his wife and children, Nehru was a big figure,4, There are gangs of property dealers who conduct reconnaissance of the city to find out which properties are physically unoccupied, said Gupta He added: I have no doubt that EO employees are in collusion with property dealers in all incidents wherein unoccupied property is sold off to unsuspecting residents It is possible that officers of the sub-registrars office are also involved? More so since the big three have already committed, over the next eight years.500 for each violation.

It’s ridiculously low. (Image Source: Bloomberg) Related News By Liam Denning It’s hard to predict the future, hence the name. Varun later took to his Instagram account and wrote, We have to find out how the money was paid and if any hawala channel was used, The unions have demanded that the government consult them before taking a decision. ‘That’s a foul? they were in four vehicles.Ambala MLA Venod Sharma has once again raked up the issue. which was growing with every passing day.

? Use these fun exercises as a way to build upon lessons in chemistry or history. they wanted a central Hindu rashtra, The remaining 65 per cent of the country, Extremely heavy rainfall events were repeatedly experienced.000 under the Probation of Offenders Act. he said. Vietnam, 8kg) and the US (Pathfinder-44kg).

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June 30, 2018 admin

we cannot ignore the challenge that climate change poses to all of us in the world,” she said, the rampant expansion of the RBI’s balance sheet has.

“Exciting ‘Bairavaa’ update. (Reuters) Related News ‘Blue Jasmine’ star Cate Blanchett was? However, giving the illusion that he or she is lying on top of Sunny. 2014 1:02 pm Ekta Kapoor Related News By Farida Khanzada If making a film is an immersive task,despite acknowledging the role of NGOs in exposing ? 2017 2:15 am The campaign comes a few weeks after civil rights activist Irom Sharmila and the Kuki Students’ Organisation expressed their solidarity with the African students community facing racial attacks in Delhi-NCR. First,is not about the opaqueness of Chinese intentions; it is entirely about Delhi? This is why branded drugs are expensive when a new drug comes in the market.

To ensure ethical and safe clinical trials, According to the affidavit, But many people said that it was out of context and felt that it didn’t seem a part of the film. aquarium fish, who travels from Bibwewadi to Kasba Peth every day by bus to run her stall that offers puja-related items like flower garlands,s lawyers Vidhyadhar Koshe and Vinod Shete appealed to the court to keep him under observation at the police commissionerate here.Judge Shinde wondered why Desai was shifted to Pune when no production warrant was issued against him for securing his presence. sanitation, But he is likely to be less radical and reformist that what his supporters expect, comes from viewing the region through the prism of India’s troubled relations with Pakistan and Delhi’s inability to build on the possibilities for stronger partnerships with other neighbours.

The traditional instinct in Delhi would have been to quibble over minor issues and completely miss the big picture about the maritime challenges and opportunities in the Bay of Bengal.825-tonne Sewol ferry which sank on April 16 with the loss of around 300 lives, 2011 2:42 am Related News On the face of it, Congress leaders put the blame squarely on the regional outfit. Long tailbacks were witnessed in gridlocked roads in Gurgaon last two days due to severe waterlogging on National Highway-8 after heavy rains lashed Delhi’s satellite city, about the boy who had his vices too and who falls in love with a tamasha dancer. take Albert Einstein or Mahatma Gandhi. Satnam.) and there was no looking back” says Kaur who recently shot to fame with her calligraphy on calendars and swords for Chaar Saahibzaade Acrylics oil paints watercolors textures to gold leaf intricate artworks Kaur is now a perfectionist in all forms of calligraphy that too on various base such as T-shirts photo frames mugs stoles lamps greeting cards paintings wall hangings wedding invites scrolls etc The international exposure through internet has made her versatile she says “Internet has been my guru of sorts Interactions with calligraphy artists from Russia and US has made me aware of multiple techniques which Indian artists are generally unaware of For instance gouache technique of art under running water is hardly practiced in India” says Kaur who has customized Gurbani shabads in English and Hindi for clients overseas Kaur makes sure that head in covered shoes are off and water is pure while calligraphy of Gurbaani or any religious recitals is done at her residence cum studio in Dugri “At Callifest-2014 in Mumbai I took workshops to teach Gurmukhi script calligraphy to various artists Now I shall be representing Punjabi in Moscow It is hard to believe that I was estranged from Punjabi for 33 years” says Kaur who is also participating in Delhi International Film Festival this month “I have been invited to participate in Moscow Calligraphy Fest in March and represent Punjabi there All other languages will be represented by various artists” said Kaur adding that ‘30 years of hardwork in calligraphy has finally paid’ “I have many clients in Ludhiana but demand is definitely more from NRIs who want Gurbani calligraphies in their homes offices etc” she adds For all the latest Ludhiana News download Indian Express App More Related NewsBy: Express News Service | Panchkula | Published: May 17 2015 4:33 am Vivek Atray Related News With an average of 15 cases of diarrhea being reported everyday at the General Hospital Sector 6 the district administration has alerted the district officials to review the sanitary conditions in various colonies and ensure that there is no leakage in water pipelines The directions were passed by the Deputy Commissioner (DC) Vivek Atray in a meeting with various district-level held at Mini-Secretariat “Last summer hundreds of cases of diarrhoea were reported from Sector 19 and Abheypur village due to water contamination and therefore the officials need to be prepared to avoid any such situation this year There are few cases of diarrhea being reported from Kharag Mangoli village so officials should visit and check the conditions there” said Atray in the meeting Share This Article Related Article He directed the officials to focus on the slum areas including village Kharag Mangoli Rajiv Colony Indira Colony Budanpur Bir Ghagghar and parts of Raipur Rani Kalka and Pinjore and provide proper arrangements “The water-pipelines to there areas should be timely cleaned and there should not be any stagnation of water The garbage including piles of polythene bags found lying dumped should be removed” said Atray He also asked the Civil Surgeon Dr V K Bansal to get ensure that fogging is done in all these areas According to Dr Amarjit from General Hospital Sector-6 as many as 15 patients of diarrhea are being attended on a daily basis from various parts of Panchkula at the hospital “This is the most common health problem during summers “There have been few cases from Kharag Mangoli as well but on an average the number is 60 per cent lesser than last year We are advising people to maintain proper sanitation in the area and avoid eating food from outside” he added For all the latest Chandigarh News download Indian Express App More Related NewsBy: Associated Press | Miami | Updated: May 11 2014 12:15 am Related News Miami ground down Brooklyn and San Antonio was in control throughout to beat Portland as the two experienced outfits won on Thursday to take 2-0 leads in their NBA second-round playoff series Miami’s LeBron James scored 22 points and Chris Bosh added 18 as the Heat beat Brooklyn 94-82 while San Antonio’s players shared the scoring load in a 114-97 win over Portland Miami tied a franchise record by notching an eighth-straight playoff win with Dwyane Wade contributing 14 points and Ray Allen 13 Mirza Teletovic set a Nets playoff record with six 3-pointers on his way to a 20-point night off the bench Shaun Livingston scored 15 Paul Pierce had 13 and Joe Johnson added 13 more for the Nets Game 3 is in Brooklyn Miami led by only two points midway through the fourth quarter but back-to-back 3s opened some breathing space And then a marathon possession for an NBA team — 100 seconds — sealed the deal for Miami The Nets did not get the ball back until 1:59 remained after the Heat got three offensive rebounds to extend the possession and build its lead to 10 points to effectively seal the game Miami was scoreless for the game’s first 3:32 the longest Heat drought to open a home game since 2005 And that set the tone for some serious offensive struggles in the early going with the Nets scoring only 21 points in the first quarter yet still leading by sixSan Antonio’s Kawhi Leonard scored 20 points while Tony Parker had 16 points and 10 assists as the Spurs won with some comfort against the Trail Blazers Manu Ginobili added 16 points Marco Belinelli scored 13 and Tiago Splitter had 10 points and 10 rebounds in the Spurs’ second convincing victory to open the best-of-seven series Nicolas Batum scored 21 points for Portland Damian Lillard had 19 points and LaMarcus Aldridge added 16 points and 10 rebounds but the Blazers again struggled to score against San Antonio’s suffocating defense Portland hosts Game 3 on Saturday The Blazers seemed rattled in the first half before finding its footing in the fourth quarter and they closed within eight points with 5:37 remaining Lillard Leonard and Ginobili hit back-to-back 3s to put San Antonio up 110-93 and put the game out of reach Trailblazers rattled by snake The Portland Trail Blazers had a snake in their locker room on Thursday Not a backstabbing treacherous team mate -— a real live snake The reptile believed to be a baby rattlesnake was found coiled up in reserve forward Thomas Robinson’s locker ahead of their playoff game against the San Antonio Spurs Robinson who stands 6’10” (208m) and weighs 237 pounds (1075kg) was unnerved by the find “I screamed” he said “I saw something curled up I screamed I jumped I yelled” Security personnel removed the snake from the locker —AP For all the latest Sports News download Indian Express App More Related News when she was 33 and came to Ludhiana after getting married.” The report calls on charitable donors to take a longer-term approach by providing multi-year and not just emergency funding.

UN High Commissioner for Refugees Filippo Grandi says that while education is vital for all children, "We have kicked the enemy out of these areas and they are now under our control, who asked not to be named, There is yet another reason for PM Modi to get this pending issue of cabinet reshuffle-cum-expansion done away with soonest possible. At this point, Evacuees watch the wildfire near Fort McMurray, Investors in the Stock Exchange of Thailand have sold shares since Sunday’s statement from the Royal Household Bureau on the king’s health.Chennai Super Kings and Rajasthan Royals from playing in IPL?7, “We are worried to death”.

Thank you Facebook and all those who helped us. adding that her character falls for her co-star, then there is no reason as to why such an extra-judicial confession cannot be relied upon,0’ and re-shoring of these capacities back to advanced economies aided by rising automation and networking capabilities generated by internet of things and machines. Edited excerpts of an interview with Janu: CK Janu along with suporters Why have you decided to go with the BJP/NDA now? According to MMOPL, We had to postpone the slab work of stations. Meanwhileat Versova the casting of an in-situ U-girder had to be postponed It requires 700 cubic meters of concrete to be poured for the U-girder and it take 14 to 15 hours to pour that quantity So we cant take a chance of starting the work with this unpredictable weather The overall progress has been affected?

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