The Cabinet Committee on Economic Affairs (CCEA) has approved the following steps to promote the operationalisation of Infrastructure Debt Funds (IDFs): (a) Capping of the annual guarantee fee payable to the concession authority at 0.05 per cent per annum of outstanding debt financed by the IDF NBFCs for the first three years of operation of the IDF NBFCs; and (b) Access to the benefits of Public Financial Institutions (PFI) status to IDFs like permitting IDF NBFCs to file Shelf Prospectus under
Category: ECONOMY & POLICY
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PM underlines G-20 role in reviving growth
The Prime Minister Manmohan Singh at G-20 Summit at St. Petersburg called for extensive consultations within the G-20 countries to tackle the current currency crisis.
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Isolux Corsan secures 6 contracts
For developing six new infrastructure projects, Spanish firm Isolux Corsan has bagged six major contracts worth Rs 1,476 crore in India, the company said.
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RCF Kapurthala wins Excellence Award
Rail Coach Factory (RCF) Kapurthala, a production unit under the Ministry of India will receive 'Par Excellence Award' from Quality Circle Forum of India (QCFI).
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Level crossings to be removed along DFC
In order to make freight movement seamless on the Dedicated Freight Corridor (DFC), Railways will eliminate 27 level crossings along the 625 km long route between Rewari and Iqbalgarh
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India needs project managers to avert risk
Raj Kalady, Managing Director of Project Management Institute, explains why India's infrastructure developers are risk-agnostic and how training in project management has made a difference.
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Future investments depend on how we treat existing projects
Can this be the twist in UPA II's tail and the welcome unknotting of India's wound-up growth story? Just over a month after the Prime Minister's Office constituted a monitoring committee in early June this year to troubleshoot stalled infrastructure projects,
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Quasi-judicial body to resolve disputes
The Planning Commission is working on what the new Dispute Resolution Bill should contain. Based on a briefing of Infrastructure Today's round table discussion on Dispute Resolution in Infrastructure (see lead story), Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India,
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Talent pool needed to manage projects
HR shortage is a major reason for a crunch in infrastructure execution. Pratima Sheorey, Officiating Director, SCMHRD, in an email interaction, explains how management training is helping.
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Dredging Corporation announces 20% dividend
A 20 per cent dividend has been declared by the Dredging Corporation of India (DCI) for 2012-13. The DCI registered 31 per cent growth in its operational income, which rose from Rs 485 crore to Rs 635 crore, DCI said in a press release.