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Union Budget 2026-27: Building India’s Core

Union Budget 2026-27: Building India’s Core

With its strong multiplier effect on GDP, the Union Budget 2026-27 prioritises infrastructure by proposing to expand digital networks, advance the energy transition, strengthen the urban infrastructure index, and accelerate transport and logistics development, notes Rajashree Murkute. Even as it focuses on job creation, micro, small and medium enterprises (MSMEs), and services, the Union Budget...

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Green Shoots of Project Finance!

Green Shoots of Project Finance!

A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...

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Digital twinning: Keeping structural designs alive in perpetuity

Digital twinning: Keeping structural designs alive in perpetuity

Digital twin: data-driven design for real-time models. Bentley Systems is working on raising the significance of structural design formats, so that engineering data does not remain locked inaccessibly in files and drawers. With this, operation and maintenance of structures moves from calculated guesswork to managed design systems over the lifecycle of the project. As India...

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Smart Cities: Financing Challenges

Smart Cities: Financing Challenges

In the next five years, special purpose vehicles (SPVs) will be spending around Rs.1,631 billion on projects conceived under area-based development and Rs.388 billion on pan-city development.

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Rs. 6 trillion Master Stroke

Rs. 6 trillion Master Stroke

This Union Budget came against the backdrop of a raft of reforms, economic slowdown and fiscal stress. While the Budget proposals will incrementally contribute to economic expansion with its de facto elements of stimulus, the pace of growth will largely be due to factors outside the Budget.