Has the map gone missing? The targets that the MA 2020 has set are aggressive, but a sense of realism does not set in when a commendable effort to define the 'what' is not followed by a systematic 'how-to'.
Author: admin (Infratructure Today)
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Budget Analysis: Thumbs up … well, almost
The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.
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Budget Reactions 2011
Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.
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All that shines
As it has been reported in the media, more than half of our country’s infrastructure projects are running overtime, and PPP projects are delayed more than EPC projects.
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Look what's not moved: The Bill on the biggest immovable
Political expediency seems to be hijacking our land acquisition laws. On the one hand, Uttar Pradesh and Gujarat have declared that acquisition can only occur by consent, and the Land Acquisition Act will not be invoked.
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There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.
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EPC: Who should be responsible for our projects?
Although, arguably, the best method for an infrastructure project, Engineering Procurement and Contract (EPC) is still being debated for loopholes in accountability.
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EPC gives scope to value engineering and project cost optimisation
The Engineering, Construction and Contracts (ECC) Division of L&T, whose major activity is under EPC, has a claim to be the largest construction and EPC company in the country.
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British India Infrastructure Group (BIIG) launched
The Britain India Infrastructure Group (BIIG) was launched in UK to facilitate the development of infrastructure in India with the involvement of senior officials from both sides and the major private sector players in infrastructure development.
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JV for WB's coal-to-liquid project
Coal India (CIL), NMDC and the Government of West Bengal have proposed to form a JV to make liquid fuel from coal.