Clearly, the government had saved the best for the last, with a flurry of policy decisions at the year end. Infrastructure is clearly in for better times in 2016. The year 2015 was generally a positive one for the economy, although bumpy.
Category: Infrastructure Finance
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Roads & highways – The road ahead: Challenges and possibilities
While the focus is on sprucing up national and state highways, and rightly so, the government must not forget about city, district and rural roads that need to be upgraded to address the burgeoning traffic.
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Rural power faces fund challenge
As the state gears up to meet additional power demand of 3500 MW for rural electrification by the end of 12th Plan
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India needs Rs.31 lakh cr for infra in five years: Crisil
The funding need for building India´s infrastructure is large, said a White Paper on Infrastructure Financing by Crisil Ratings and industry body Assocham.
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FinMin to infuse Rs.5,000 cr into PSBs
The finance ministry will inject Rs.5,000 crore in public sector banks to boost their capital.
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Railways seeks FinMin help to meet Pay Commission ´burden´ of Rs.32,000 cr
As the Railways stares at Rs.32,000-crore additional costs for implementing the Seventh Pay Commission recommendations, Railway Minister Suresh Prabhu
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NHAI, L&T lock horns over funds
The Union Ministry of Road Transport and Highways has given a jolt to L&T
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Modi launches Neev Fund in UK
India´s first low-income state infrastructure equity partnership (the Neev Fund) was launched by Prime Minister Narendra Modi in UK in the presence of David Cameron, Prime Minister, United Kingdom.
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Signing of MoU between IIFCL and PFS
India Infrastructure Finance Company Ltd. (IIFCL) and PTC India Financial Services Ltd (PFS) signed a Memorandum of Understanding (MOU) at IIFCL New Delhi, expressing the intent of both parties to strengthen cooperation in co-financing or consortium financing of various infrastructure projects through working together by joint pooling of respective complimentary resources.
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PM Narendra Modi invites China to join solar alliance
Ahead of the crucial Paris climate talks, Prime Minister Narendra Modi invited China to join the International Solar Alliance proposed by India. Modi extended the invitation to China during a meeting with his Chinese counterpart Li Keqiang on the sidelines of ASEAN-India Summit.