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Page 7 - Infrastructure

PM Gati Shakti to play big role in development of modern infra: PM

Modi said it will also help boost exports and make MSMEs globally competitive.

PM Gati Shakti to play big role in development of modern infra: PM
Updated On : 28 Feb 2022 | 11:18 AM IST

BS Number Wise: Smart City Mission is slow and slipping

Plan to develop 100 urban centres is unable to meet deadlines or fully use funds but keeps adding new projects to its list

BS Number Wise: Smart City Mission is slow and slipping
Updated On : 22 Feb 2022 | 10:33 PM IST

Govt to soon appoint three independent directors on NaBFID board

With the appointment of three independent directors, sources said, the formation of full board would be completed

Govt to soon appoint three independent directors on NaBFID board
Updated On : 13 Feb 2022 | 1:18 PM IST

Cost of annuity projects: A new risk has emerged in govt's financials

This favoured route for financing roads is gaining traction for other infrastructure projects but could result in unsustainable liabilities for the government

Cost of annuity projects: A new risk has emerged in govt's financials
Updated On : 09 Feb 2022 | 6:04 AM IST

Govt's infra booster gives hope to construction equipment makers

A lot will, however, depend upon capex execution in a time-bound manner

Govt's infra booster gives hope to construction equipment makers
Updated On : 07 Feb 2022 | 12:49 AM IST

'Infra projects expected to route through PM GatiShakti's NPG after Apr 1'

The PM GatiShakti plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects

'Infra projects expected to route through PM GatiShakti's NPG after Apr 1'
Updated On : 06 Feb 2022 | 1:19 PM IST

Frontloading infra sector spend could bring faster growth: Crisil

India's Union Budget FY23's investment led push in infra sector is expected to usher in faster economic growth, ratings agency Crisil said

Frontloading infra sector spend could bring faster growth: Crisil
Updated On : 05 Feb 2022 | 12:03 PM IST

Time to focus on project execution

'The status of mega projects under the control of state governments is not available', says the author

Time to focus on project execution
Updated On : 04 Feb 2022 | 2:56 AM IST

Budget 2022: Gati Shakti to take states on board, says DPIIT Secretary

'Through Gati Shakti, land-related problems can be resolved to a great extent', said Anurag Jain

Budget 2022: Gati Shakti to take states on board, says DPIIT Secretary
Updated On : 04 Feb 2022 | 6:07 AM IST

Budget 2022: Emphasis on asset creation over direct income enhancements

The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics

Budget 2022: Emphasis on asset creation over direct income enhancements
Updated On : 03 Feb 2022 | 10:55 PM IST

Focus on climate is best news in India's 'bleak' new Budget

As a statement of accounts, Budget 2022 makes for grim reading. But a strong emphasis on green growth may offer India the economic narrative it's been lacking

Focus on climate is best news in India's 'bleak' new Budget
Updated On : 03 Feb 2022 | 1:56 PM IST

Budget prioritises growth over fiscal consolidation: ICRA Limited MD

The Budget has pencilled in modest 6.0 per cent growth in revenue receipts, dampened by a contraction in non-tax revenues

Budget prioritises growth over fiscal consolidation: ICRA Limited MD
Updated On : 02 Feb 2022 | 4:06 AM IST

Ad film director Prahlad Kakkar's take on best, worst things in Budget

If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors

Ad film director Prahlad Kakkar's take on best, worst things in Budget
Updated On : 01 Feb 2022 | 11:45 PM IST

FM Sitharaman's fourth Budget: Boost to credit for digital infra

Sitharaman has given infrastructure status to data centre and energy storage system, a move that will facilitate credit availability for digital infrastructure

FM Sitharaman's fourth Budget: Boost to credit for digital infra
Updated On : 01 Feb 2022 | 10:31 PM IST

Centre allocates Rs 19,130 crore in Union Budget for Metro projects

The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country.

Centre allocates Rs 19,130 crore in Union Budget for Metro projects
Updated On : 01 Feb 2022 | 7:20 PM IST

Industry hails infrastructure push through Gati Shakti, PPP in Budget

Industry players on Tuesday hailed the announcements for the infrastructure sector in the Union Budget and said the proposal to fund infrastructure through 'Gati Shakti' and public private partnerships will mark the escalation of economic prosperity. Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in Parliament. "One of the strongest parts of this Budget is the government's renewed commitment with its continued investment in strengthening the country's infrastructure. The proposal to fund infrastructure through PM Gati Shakti, Public Private Partnerships, etc. will mark the escalation of economic prosperity. "Overall, the budget seems to have given a booster dose to facilitate faster economic growth of the nation; roads is definitely one of the prominent sectors to get deserved focus through adequate funding," IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said. According to EY India Tax Partner Infrastructure Samir ..

Industry hails infrastructure push through Gati Shakti, PPP in Budget
Updated On : 01 Feb 2022 | 7:09 PM IST

Budget 2022: Massive capex push buoys infra, cement, steel stocks

A strong capital expenditure announced in Union Budget FY23 coupled with renewed focus on the affordable housing segment have led to a sharp jump in share prices of companies associated with infra

Budget 2022: Massive capex push buoys infra, cement, steel stocks
Updated On : 01 Feb 2022 | 5:10 PM IST

Budget 2022 to promote modern infrastructure in country, says Nitin Gadkari

Union Minister Nitin Gadkari on Tuesday hailed the Union Budget presented in the Parliament on Tuesday and said that this budget will promote modern infrastructure in the country."The budget presented by the Finance Minister Mrs @nsitharaman under the guidance of @narendramodi is a budget to promote modern infrastructure in the country, which will lay the foundation for a new India and improve the lives of 130 crore Indians. #AtmaNirbharBharatKaBudget," tweeted the Union Minister.Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget in Parliament today.In her address, she said that India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies. "The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country's strong resilience," she said."PM Gati Shakti Master Plan for Expressways to be formulated in 2022-23, to facilitate faster ...

Budget 2022 to promote modern infrastructure in country, says Nitin Gadkari
Updated On : 01 Feb 2022 | 4:22 PM IST

MEIL's Drillmec to set up $200 mn oil rig manufacturing hub in Telangana

Drillmec SpA, a subsidiary of the city-based Megha Engineering and Infrastructures Limited group, will be setting up its global manufacturing hub in Telangana with an investment outlay of $200 min

MEIL's Drillmec to set up $200 mn oil rig manufacturing hub in Telangana
Updated On : 31 Jan 2022 | 2:23 PM IST