So far, the Central Government has made all the right moves as it goes about setting up the National Bank for Financing Infrastructure and Development (NaBFID). But will the newly created entity be able to deliver on its mandate of developing a robust financing ecosystem for the infrastructure sector once it gets operationalised? The Central...
As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure. Like the DFIs created by policymakers in the 1950s for making industrial capital accessible,...
In the present pandemic times when the headwinds to growth have exacerbated, the reform momentum has continued, and will continue in the future as well, said Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman while addressing the National MNCs Conference 2020 organised by the Confederation of Indian Industry (CII) in New Delhi on Monday.
Ashok Gajapathi Raju Pusapati, Minister of Civil Aviation, has said that the government has taken a number of initiatives to make tourism affordable and accessible to the international traveller. He was speaking at a plenary session on Â‘Core Infrastructure for TourismÂ’ at the Incredible India Tourism InvestorsÂ’ Summit organised by the Ministry of Tourism in partnership with the Confederation of Indian Industry and the Tourism Finance Corporation of India.
This Welcome to the year of the elections! In this issue, we have endeavoured to examine what the year holds for the infrastructure industry. There seems to be optimism in the air.
Recently, the industry unequivocally hailed Congress Vice President Rahul GandhiÂ´s speech at the Confederation of Indian Industry (CII) last month. Gripping, pointed and purposeful, GandhiÂ´s oratory skills looked transformed. Unlike most politiciansÂ´ and most industrialistsÂ´, his vision is a mix of short- and long-
In a survey conducted by the Confederation of Indian Industry (CII), over 44 per cent of the CEOs affirmed an increase in their domestic investment during the current financial year. 37 per cent of respondents in the survey did not see a decline in their investment level in the current year.While 50 per cent did not predict any change in their foreign investment, 37 per cent saw it increasing during the current financial year. The survey was cond
A survey conducted by industry body Confederation of Indian Industry (CII) highlights the importance of economic reforms in arresting the depreciation of rupee against dollar.Some of the key reforms mentioned by the participants of the survey are relaxing the sectoral cap on foreign direct investment (FDI), controlling fuel and fertiliser subsidies, removing hurdles to infrastructure proje
President of the Confederation of Indian Industry (CII), S Gopalakrishnan said the governmentÂ’s move to almost double gas prices with effect from April 2014 will have a Â“cascading effectÂ” on power tariffs. He said this while addressing a press conference. He disfavoured the dollar pricing of domestically produced natural gas by saying the following, Â“I do not believe that the price of gas (produced in India) ought to be se