The Bill suggests that the government has learned from past mistake
Government is spending Rs 7 trillion on building green express highways, says union minister.
Parliament on Thursday passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India
Govt may guarantee bonds, debentures and loans issued by the new institution
5G networks in India can be deployed in three months but in limited areas as the optical fibre based infrastructure to support the technology is not ready yet, telecom industry players said
Here's a selection of Business Standard opinion pieces for the day
The company seeks to offer an enhanced procurement experience to players in the construction ecosystem.
Prime Minister Narendra Modi Wednesday reviewed projects worth Rs 44,545 crore in 12 states as he chaired the 36th 'Pragati' meeting. During the meeting, he also reviewed the programme for elimination of single use plastic, a Prime Minister's Office statement said. In the meeting, 10 agenda items were taken up for review including eight projects, grievance relating to one scheme and one programme, it said. Among the eight projects, three were from the Ministry of Road Transport and Highways, two from Railway Ministry, one each from Ministry of Power, Ministry of Petroleum and Natural Gas and Ministry of Home Affairs. These eight projects, with a cumulative cost of about Rs 44,545 crore, pertained to 12 states -- West Bengal, Assam, Tamil Nadu, Odisha, Jharkhand, Sikkim, Uttar Pradesh, Mizoram, Gujarat, Madhya Pradesh, Bihar and Meghalaya, the PMO said. The prime minister expressed concern over delay in execution of some of the projects, and directed the officials concerned that al
Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations
The government on Tuesday said it expects more demand for petrochemicals like polymers and speciality chemicals in the country due to increased emphasis on infrastructure spending in the Budget
While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain
FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run
The story starts 30 years ago, when former Citibanker, Ravi Parthasarathy , IL&FS' chief, set up the company to beef up India's infrastructure-building capabilities.
FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.
The government focuses on developing infrastructure, dares to gamble on deficit.
The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways
Says agri laws have potential to increase farmers' income
NIIF has invested of Rs 4,689 cr since December 2015 inception, while the co-investment by its partners stood at about Rs 7,053 crore at the end of September 2020
Inadequate physical, digital infrastructure affecting efficiencies in supply chain management
Under system strengthening, which entails construction of last mile power supply infrastructure, the physical progress is 86 per cent in the region