Web Exclusive Apr 27, 2017 ICCI-PwC Strategy & Survey reveals optimistic India Manufacturing Barometer Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, Government of India, recently unveiled the 4th edition of the FICCI-PwC Strategy& India Manufacturing Barometer (IMB) survey, which as in previous years, reveals that India continues to remain an economic bright spot. As per the United Nations, the world economy expanded by only 2.2 per cent in 2016 — the slowest growth rate since the 2009 recession. The outlook for the Indian economy and its core sectors continues to remain upbeat
Web Exclusive Mar 16, 2017 Committees on digital payments submit recommendations A committee had been constituted by the Department of Economic Affairs, under the Chairmanship of Ratan P Watal, former Finance Secretary and Principal Adviser, Niti Aayog, in August 2016 to review medium term measures necessary to promote digital payment systems in the country. This Committee on Digital Payments has recommended structural reforms in the payment ecosystem, including amendments to the Payment and Settlement Systems Act, 2007.
Web Exclusive Jan 13, 2017 ICRA launches new credit rating system for infrastructure Rating agency ICRA Ltd has announced the country’s new credit rating system for the infrastructure sector, in line with the announcement made in the Budget 2016 document.
Finance Update Nov 01, 2016 DFC: India inks agreement with WB A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd for the Eastern Dedicated Freight Corridor
Web Exclusive Oct 26, 2016 India signs agreement with World Bank for Eastern DFC A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
Cover Story Aug 01, 2016 Monitoring contractual obligations is the next big thing for India Indeed. From the mid-1990s, where we started with private sector involvement with power generation, and subsequently into mobile telephony and transport sector in the mid-2010s, we are easily the world´s largest PPP market. India has travelled a long way.
Analysis Jun 01, 2016 Addressing Infrastructure Financing Needs After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
Cover Story Mar 01, 2016 We need to build an institutional framework of ties for coastal shipping to really takeoff. Deepak Shetty, DG, Shipping & Additional Secretary, Government of India, Ministry of Shipping, tells Rouhan Sharma that the framework of a hub and spoke model under the Sagar Mala project
Finance Update Feb 01, 2016 India and ADB sign $80 million loan agreement The Asian Development Bank (ADB) and the Government of India signed an $80 million loan agreement to continue improving infrastructure in two North Eastern State Capital cities.