Government has allowed National Highways Authority of India (NHAI) to issue Tax Free Infrastructure Bonds aggregating to Rs 24,000 crore and Capital Gain Tax Exemption Bonds aggregating to Rs 4,000 crore in the financial year 2015-16.
Category: Roads & Highways
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Hybrid annuity model for PPP projects
The hybrid annuity model announced by the Government that proposes to reduce risks in public private partnership format is likely to provide impetus for the next wave of PPP road projects, said ICRA.
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CCEA nod for highway projects worth Rs.5529 cr
The Cabinet Committee on Economic Affairs (CCEA) has given approval to three highway projects in Haryana, Uttar Pradesh and Maharashtra. These three highway projects with total length of more than 300 km, have an estimated cost of Rs 5529 crore.
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We need USD 200 bn a year for infra
Union Minister of State for Finance Jayant Sinha said that infrastructure development was a national priority and the country needs funds upto USD 200 billion
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ADB funding 31,000 km rural roads
To support development programmes in India, the Asian Development Bank (ADB) is involved in constructing or upgrading 31,000 km of rural roads
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Make in KhedĂ´ city
KHED CITY is one of IndiaĂ´s largest integrated development project near Chakan in Pune. KHED CITY is being implemented by Khed Economic Infrastructure Pvt. Ltd. (KEIPL) - a Joint Venture of the Kalyani Group and Maharashtra Industrial Development Corporation (MIDC).
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Will the Plug & Play click?
In the last 15 years, India has witnessed four government changes-NDA (1999-2003 & 2014-Present) and UPA (2003-2008 & 2008-2014)-and all of them ruled the biggest democracy in the world, i.e. India.
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Private players should infuse Rs.50,000 cr
At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
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Indian concrete industry on a roll
Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
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Committee to Review PPP cell in Rlys
The Ministry of Railways has decided to constitute a Committee headed by Ajay Shankar, IAS (Retd.), former Secretary, Department of Industrial Policy & Promotion (Govt. of India) to review the existing Public Private Partnership (PPP) Cell in the Railway Board.