Still recovering from the ´zero toll´ period during the demonetisation rollout, many infra players are waiting for cash compensation from the government so that they can stay solvent.
Category: Infrastructure Finance
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World Bank warns of road funds cut
The World Bank (WB) has warned the Assam government that the loan amount sanctioned for the Assam State Roads Project may be slashed if the pace of implementation does not improve by March 2017.
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Telangana writes off Rs.3,920 cr housing loans
In a huge relief to weaker sections, Telangana´s TRS government has announced a major loan waiver for housing beneficiaries. Chief Minister K Chandrasekhar Rao said Rs 3,920 crore loan component that has to be paid by beneficiaries of the Indiramma Weaker Section Housing Scheme between 2004 and 2014 would be waived.
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JSW Energy board approves raising up to Rs.750 crore through NCDs
JSW Energy has said that its board has given nod to raise funds up to Rs 750 crore through issuance of redeemable non-convertible debentures by way of private placement.
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The Buck Cannot Stop Here
Reams and reams have been written on the demonetisation drive being conducted by the government, but industry watchers seem to be confused on the intention of the Centre for launching such a massive exercise, and the possible consequences on the Indian economy because of this apocalyptic scheme.
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Infra project delays cost Rs 1.47 lakh crore
Delay in regulatory approval, lack of funds and land acquisition issues are taking a toll on 115 mega infrastructure projects, which face a cost overrun of Rs 1.47 lakh crore.
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Low cost, zero maintenance infra to service sporting talent across India
India can follow to help the country reach its true sporting potential. India has failed to claim enough medals every four years at the Olympic Games since it first participated in 1900. Despite the multi-faceted and increasing number of athletes´ contingent sent to the apex platform of sports, the results have not been commensurate in terms of results.
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Impact of demonetisation on infrastructure
Land transportation was a cash-driven sector as it is a very fragmented and unorganised sector. Transition to a ´plastic economy´ would obviously remove hidden costs. This is a cultural change.
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Carpet Bombing vs Surgical Strikes
Some have called it a surgical strike on black money while the Supreme Court labelled it ´carpet bombing´. Yes, we are talking demonetisation, the topic of the day, and the target of this attack are black and counterfeit money.
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Foreign funds allowed to bid for Toll-Operate-Transfer projects
The Centre has approved the monetisation of public funded, operational National Highway projects that are generating toll revenue for at least two years after start of operations through the Toll-Operate-Transfer Model.