Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the lumbering behemoth's financials.
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
A knowledge and strategy paper on 'Sustainable Infrastructure with Plastics' has been released at the national conference organised by FICCI jointly with Department of C&PC, and Organization of Plastics Processors of India (OPP) at the FICCI headquarters in New Delhi.
A knowledge and strategy paper on Â‘Sustainable Infrastructure with PlasticsÂ’ has been released at the national conference organised by FICCI jointly with Department of C&PC, and Organization of Plastics Processors of India (OPP) at the FICCI headquarters in New Delhi.
The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.