Page 4 - India's Infrastructure

438 infrastructure projects show cost overrun of Rs 4.3 trillion

As many as 438 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns

Big push to infra, education, healthcare needed for sustainable growth: Das

Shaktikanta Das on Wednesday underlined the need for a big push to infrastructure investment, education and digital economy to achieve sustainable growth and generate jobs in smaller cities.

India facing new war paradigm on borders: Rahul on China's infra ramp up

India is facing a new war paradigm on its borders and ignoring it won't work, Congress leader Rahul Gandhi said on Tuesday, citing a media report on China ramping up its border infrastructure.

Gadkari along with other Union ministers discuss ways to develop infra

Road Transport and Highways minister Nitin Gadkari along with other Union ministers on Tuesday discussed various issues related to infrastructure development

Rahul Gandhi upset that India earning Rs 6 trillion: BJP hits back

The BJP on Tuesday cited the previous Congress government's efforts to monetise different assets to wonder if the party was then trying to "sell" the country

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

Growth optimism: Will govt's own investment and exports be enough?

A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan

ABL Indira JV bags Rs 350 cr project to upgrade police infra in Maldives

ABL Indira Projects on Tuesday said it recently signed a contract worth Rs 350 crore with the Maldives Police Service.

479 infrastructure projects show cost overruns worth Rs 4.4 trillion

As many as 479 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.4 trillion, according to a report

Excise duty on fuel calibrated to generate resources for infra: FinMin

The excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure keeping in view the prevailing fiscal situation

Our vision is to build quality infrastructure in Varanasi: PM Modi

PM Narendra Modi shared details of many projects he will inaugurate there and asserted that his government's vision is to build quality infrastructure in the holy city for the coming generations.

In first meet, new Cabinet approves Rs 23,123-crore Covid-19 fund

The Union cabinet Thursday approved a Rs 23,123-crore package for improving health infrastructure to fight COVID-19 as part of which around 2.4 lakh medical beds and 20,000 ICU ones would be created with a special focus on paediatric care. Addressing a press conference here after the first meeting of the Union cabinet following its reshuffle on Wednesday, Health Minister Mansukh Mandaviya said the package will be implemented over the next nine months till March 2022. The meeting was chaired by Prime Minister Narendra Modi. Mandaviya said this is the second phase of the Emergency Response and Health System Preparedness Package as the Central government had given Rs 15,000 crore earlier for setting up Covid-dedicated hospitals and health centres across the country. Under the new package, the Centre would provide Rs 15,000 crore and states Rs 8,123 crore, and the plan would be implemented jointly by them across all the 736 districts to improve medical infrastructure at primary and ...

Infrastructure push will prop up EPC road contractors: CRISIL SME Tracker

As things stand, SMEs account for 35-45 per cent of the roads and highways sector overall

Rising commodity prices risk raising costs for India's infra plans

Commodity super-cycle may upset plans for national infrastructure pipeline, raise expenses for Railways

Moving on the infrastructure agenda

Globally, municipal bonds are an established and major source of funding for urban infra. However, the municipal bond market is quite underdeveloped in India, notes Vinayak Chatterjee

Industry ready to strengthen capacity, back-end infra despite second wave

Several industries have shown confidence in the economy's recovery prospects and said the capex cycle is reviving

Telcos get approval to share active infrastructure as DoT amends UASL norms

The move is expected to give a big boost to sharing of backhaul spectrum between operators to power the towers

HDFC to acquire 10% stake in Kerala-based asset management firm

Mortgage lender HDFC Ltd on Monday said it will acquire 9.90 per cent stake in Kerala-based infrastructure fund management company KIFML.

The forgotten case for bank nationalisation

In the recent clamour for their re-privatisation, we seem to have forgotten the rationale for bank nationalisation and the crucial role public sector banks continue to play in war against poverty

Slippery slope

Guaranteeing DFI debt will increase systemic risk