Under Arvind Mayaram, the Special Secretary and Financial Advisor at the Union Ministry of Rural Development, the amply termed Provision of Urban Amenities in Rural Areas (PURA) took birth
Category: ECONOMY & POLICY
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Infra projects suffer from macro, micro risks
Owing to macroeconomic risks and company specific issues, Fitch assigned negative ratings for the outlook of Indian infrastructure projects.
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Polavaram project
In Andhra Pradesh, work on the Rs 16,000 crore Polavaram project will begin in three months. The contract will go to a consortium consisting of China based CGGC
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Rs 2 tn infra projects in Karnataka
Infrastructure Development Department (IDD) of Karnataka government identified 189 infrastructure projects across eight key sectors that will require an estimated investment of Rs 200,657 crore.
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CPT’s new bagging system
Cochin Port Trust (CPT) will introduce an automated bagging system of cargoes.About 2,400 tonne of cargo could be bagged on a daily basis through the new arrangement.This is in view of the severe shortage of workers experienced in certain areas of cargo handling at the port.
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Plugging the efficiency gap
If done correctly, benchmarking pipeline performance can provide clear, reliable results and become a basis for prioritising future operational improvements. The catch? A stringent structure is critical to avoiding inaccurate and misleading results,
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Realistically Yours
Planners in the government are often like homegrown businesses: set a target much higher than needed, assuming a lower motivation and effectiveness among the people who implement it.
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Infra bond on int'l market
Government is exploring the possibility of issuing long term infrastructure bonds from the international capital markets.
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OPGC signs Integrity Pact
The Orissa Power Generation Corporation (OPGC) has signed a Memorandum of Understanding (MoU) with Transparency International India (TII).
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Rupee depreciation to hit infra sector
The rupee's depreciation is set to hit infrastructure sector projects dependent on international market borrowings and imported equipment in a big way.