Investors want the mandate of Project Monitoring Group (PMG) widened to ensure timely decisions on their investments. At a conference, Anil Singh, Senior Vice-President and Managing Director, DP World, enquired if the mandate of PMG would also be widened to look into FDI already made in the port sector.
Category: ECONOMY & POLICY
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Greenko commissions wind farm
Greenko Group commissioned a 50-MW wind farm in Anantapur district of Andhra Pradesh.
The wind farm was built with an outlay of EUR 43 million using Gamesa´s G97 turbines and has a capacity to deliver better performance in an average year. With this, the company´s total installing power generating portfolio has increased to 476 MW.
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PMG clears hurdles in 84 mega projects
The Project Monitoring Group (PMG), attached to the Cabinet Secretariat, sorted out problems for some 84 mega projects totalling Rs 3.71 lakh crore investments in the past seven months since the inception of the group.
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Cold chains need cluster development
Ravichandran Purushothaman cites a success story in Tamil Nadu to explain why there is a need for cluster-based models in India to conserve food wastage and improve farmer profitability.
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Will FDI in retail help?
Indian retail is booming, with its organised sector estimated to reach new heights in coming years. What does this strong growth, coupled with FDI in multi-brand retail, mean for one of the biggest bottlenecks in the supply chain?
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Plan Bangalore 2025
The concern about Bangalore's megacity status is its infrastructure. The industry is garnering government support to a "totality" plan worth Rs 2.5 lakh crore over the next 11 years.
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Corridor of inclusive growth
The government in Karnataka has been considering various proposals-including the Global Investment Meets-that have promised much to the industry. But in reality, not much has happened from the government and the industry.
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SEDB appoints new Asia-Pacific Director
The Singapore Economic Development Board (SEDB) has announced the appointment of Koh Jin Hoe as its new International Director (Asia Pacific). Jin Hoe replaces Lee Eng Keat, who had held the position since April 2010
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Bhupali Gursale: Views on WPI Inflation for December 2013
WPI inflation has decelerated substantially driven by easing of inflation in food articles. Food inflation has moderated to 13.7% from 19.9% in the previous month led by cooling vegetable prices and the normalization of their prices is likely to continue.
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Government capex picks up, private sector remains muted
The government’s capital expenditure has been increasing by 29 per cent quarter-on-quarter, steadily over four quarters—as the December quarter figure of Rs 1 lakh crore indicates. Centre for Monitoring Indian Economy (CMIE) data indicates that the investment for the third quarter is the highest record in the last six quarters