Of the Rs 5.75 billion released by the Punjab Government, Rs 1.25 billion was given to the department of local government and Rs 500 million and Rs 2 billion was released for governance reforms and retrial benefits, respectively.
Author: admin (Infratructure Today)
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Rs 50 billion MTN programme to fund infrastructure
A Medium Term Note (MTN) programme to raise Rs 50 billion from the international markets has been established by the Kerala Infrastructure Investment Fund Board (KIIFB).
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IBC, infra push put steel sector in an M&A sweat spot
With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger players with deep pockets eventually closing in on financially weak but potentially viable smaller firms.
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Is India’s Rs.5.7 Trillion Infra Investments at Risk?
The infrastructure sector is highly responsible for propelling India's overall development. With intense focus, the government has initiated policies to ensure time-bound creation of world-class infrastructure in the country.
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Imagining Construction’s Digital Future
New methods of sharing project responsibility between the owners and contractors looks set to accelerate the ongoing digital journey to combat late delivery, budget excesses and poor visibility into performance.
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India’s Intelligent Evolution
In June 2015, Prime Minister Narendra Modi announced his bold Smart Cities Mission, an investment of Rs 980 billion to develop 100 cities across the country into intelligent, sustainable and resident-friendly communities.
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Importance of Mega Projects
In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.
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The Road to Inclusive Development
A smart city is not only about cutting-edge technology, gadgets guiding your lifestyle or using ICT (Information and Communications Technology) but also to string together a man-machine interaction that will drive our socio-economic engagement in the society.
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Greenfield Smart Cities: Smart Investment Destinations
The Government of India has announced the development of industrial corridor projects so as to contain the urbanisation challenge and majorly give a strong boost to the country's manufacturing and industrial potential.
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Embarking on Seamless Mobility
It is a well-known and widely accepted datum that infrastructure is the backbone of a sound and growing economy. Amongst all infrastructure, the transport sector facilitates trade and migration, thereby raising productivity in other parts of the economy and directly contributing to the economic growth.