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Airport to attract $12.1 bn investment

Airport to attract $12.1 bn investment

Union Civil Aviation Minister Ajit Singh said the Indian airport sector is likely to attract $12.1 billion worth of investment during the 12th Plan period. Out of this, the minister expects around $9.3 billion from the private sector.

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Regulator in road sector to maintain quality

Regulator in road sector to maintain quality

In its 12th Plan document, the Planning Commission has pitched for a regulator in the road sector in the country for determining tariff and service quality. There is no independent regulatory authority for country's roads and highways sector, the Commission said. The Commission said that there is a need for a regulator whose key functions should include tariff setting, regulation of service quality, assessment of concessionaire claims, collection and dissemination of sector information,

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New JNNURM in 12th Plan

New JNNURM in 12th Plan

The Plan panel said the government is working on a new Jawaharlal Nehru National Urban Renewal Mission (JNNURM) during the 12th Plan, aiming to fast track infrastructure development in cities.

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