Due to the deteriorating performance of PSUs, the department has revived its proposal for the merger of BSNL and MTNL.
Category: Infrastructure Finance
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Budget 2011-12: Infra on higher pedestal
The government intends to spend Rs 214,000 crore on infrastructure, 23.3 per cent higher than the allocations in 2010-11, accounting for major share of 48.5 per cent of the gross budgetary support to the central plan.
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Enam Infra Fund to invest Rs 3,700 crore in infra
The cabinet committee on economic affairs cleared the investment proposal of Enam India Infrastructure, a Mauritius-based venture capital fund, to invest Rs 3,700 crore in India’s infrastructure and energy projects through a dedicated core sector fund.
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Spreading equitability
The more developed among our states must now focus on development that is both inclusive and as uniform as possible.
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Rise in Q3 income: MARG
MARG has posted a significant rise in its income from operations at Rs 317.32 crore in the third quarter ended December 2010 as against Rs 206.64 crore a year ago.
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UP to invite bids for solar
Uttar Pradesh government will float bid document to attract private investment in solar to supply energy.
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BUDGET MUST ADDRESS OBJECTIVES
Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.
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Min okays Rs 50,000 cr electric fund
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.
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Look what's not moved: The Bill on the biggest immovable
Political expediency seems to be hijacking our land acquisition laws. On the one hand, Uttar Pradesh and Gujarat have declared that acquisition can only occur by consent, and the Land Acquisition Act will not be invoked.
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There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.