Many of us know that the celebrated economist John Maynard Keynes famously said that (in times of slowdown) the government should pay people to dig holes in the ground and then fill them up
Author: admin (Infratructure Today)
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GST and its impact
The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter IndiaĆĀ“s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.
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Policies of the present government are excellent
The regulatory regime primarily includes the government, whether it is the federal or state government. Then there is another dimension to this regime: consultants, who too play an important role. However, the role of consultants has got marginalised under the present circumstances.
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The focus on EPC has given a fillip to road industry
The roads sector had witnessed an aggressive bidding during the financial year 2011 and 2012. Projects of over 11,000 km were awarded during these years. But the lack of proper governance affected the execution of most of these projects.
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Competition Picks Up in HAM
Macro developments suggest positive trends in the road sector with pickup in execution. Recent bids under the Hybrid Annuity Model (HAM) in May-June have seen participation increasing from two-four players to seven-eight players as the risk-reward equation is favourable.
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Roads To Recovery
The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
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MMRC tweaks plan for Metro-III project
The Brihanmumbai Municipal Corporation (BMC) may be pushing for quick environment clearance to get its showpiece coastal road project off the ground, but the Union Ministry of Environment and Forests (MoEF) has pointed out basic shortcomings that could further delay the project.
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Delhi Metro touches 33-lakh ridership mark
Delhi Metro ridership has breached the 33 lakh mark, reaching an all-time high. During August, nine out of the ten daily ridership records of the mass rapid transit system have been logged.
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IIT-Hyderabad bags Japanese transport project
Indian Institute of Technology - Hyderabad has bagged a Rs.30 crore project from Japan in the area of multimode transportation as the institute pursues to further nurture its special relationship with that country.
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Centre to be 50% shareholder in multimodal hubs
The Government of India will be a 50 per cent share-ĆĀ”holder in the proposed multimodal logistics hub and the multimodal transport hub, which are part of the Delhi-Mumbai Industrial Corridor (DMIC) project at Greater Noida.