The fast growth of the Indian economy in recent years has placed increasing stress on physical infrastructure, such as electricity, railways, roads, ports, airports, irrigation, healthcare, water supply and sanitation systems, all of which already suffer from a substantial deficit
Tag: Airports
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400 railway stations to get Rs.100 crore makeover
If Indian Railway Ministry sources can be believed, the government will spend nearly Rs.100 crore to develop 400 railway stations that were announced in the Railway Budget. India´s railway stations, defined by surly staff, cheap tea, and filth carefully hidden in corners are set to become glossy, clean, and like airports.
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Airports Authority of india chalks out Rs.15,000-cr upgrade plan
In its biggest-ever investment outlay, Airports Authority of India (AAI) has chalked out a plan to invest Rs.15,000 crore over the next four years in the development and upgrade of airports.
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Engineers’ edge
He pointed to the church he probably attended every Sunday as a boy, growing up in a small town in Pennsylvania in the US. His fingers moved across the screen of his mobile phone, as he flicked over the live images one after the other, pointing out a few more landmarks from his home-town.
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Delhi, Mumbai airports collect over Rs.10,000 cr fee
Delhi and Mumbai airports have collected more than Rs.10,139 crore in user development and passenger fees till Dec 2015 since their privatisation in 2006-07.
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Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
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2016 – An Infrastructure Leap Year
United Nations General Assembly has declared 2016 to be the year of ¨pulses¨. With pulse prices going sky-high in 2015, another source of protein for the poor people has well-nigh gone out of reach in our country.
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Altitudinal risk
Braving several take-off woes, the aviation industry seems to have found relatively firm grounding. Privatisation has gripped the industry in a big way. Nevertheless, certain ground realities need to be effectively handled for a safer landing.
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Poised for strong growth
Private players have a pivotal role in the modernisation of airports. Timely determination of policy framework with respect to user development fee for the airports involving PPP will serve as the primary force for drawing private developers.
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Indian aviation is poised to emerge as 3rd largest global market by 2030
Srinivas Bommidala, Group Director, GMR Group, talks about the long-term impacts of privatisation of airports, withdrawal of service tax exemption and the ´Make in India´ campaign as well as the growth potential of the industry.