With an outlay of Rs 1,773 for the year 2017û18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.

Considerable investments are planned through private sector participation in addition to investments through internal resources of VPT for port modernisation in the major thrust areas of deepening of channels and berths, development of new berths, modernisation and mechanisation of existing berths and improvements in connectivity and other logistics such as multi-model logistic parks, said MT Krishna Babu, Chairman, Port of Visakhapatnam.

Project delays, time and cost overrun in infrastructure projects, delays in regulatory approvals and contractual disputes are some of the challenges faced in implementing a project in India.

CBRE South Asia, the world's largest real estate consulting firm, in association with CII organised the conference on 'Strategies and Challenges - Next Gen Workplaces' in New Delhi.

With more than 1,500 delegates and channel partners, 130 visiting journalists from 28 countries, showcase of more than 50 projects and countless announcements and sessions, the larger-than-life expo by Bentley Systems, was an exhilarating experience.

The GVK-led Mumbai International Airport (P) Ltd (MIAL) was handed over the Letter of Award (LoA) from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport.

Effective policy measures by the Government over the last 36 months have revived the Indian road sector and supporting the execution pace. According to ICRA, these include steps like awarding projects after securing 80 per cent right of way; expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, online filing for clearances to construct ROB and RUBs and increasing the limit on sand mining.

The NDA government has managed to save Rs 3 lakh crore worth bank loans to the road sector turning into NPAs, according to the minister of road transport and highways and shipping Nitin Gadkari.

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.