Amid the second wave of the coronavirus pandemic, the Indian Railways’ freight business registered the highest ever loading in May. The world’s fourth-largest rail transporter clocked 114.8 million tonnes (MT) of freight, which was 9.7 per cent more than May 2019. Important items transported included 54.52 MT of coal, 15.12 MT of iron ore, 5.61...
Tag: coronavirus pandemic
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DFI to deliver long term-economic returns
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,...
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3D Printing to Add Muscle to ‘Housing for All’ Programme
The coronavirus pandemic and the resulting world’s largest lockdown last year by India have also led to infrastructure companies looking at cutting-edge technologies like 3D printing to enhance efficiencies and drive down input costs. In an exclusive interaction, MV Satish, Whole Time Director & Senior Executive Vice President Buildings, L&T Construction told INFRASTRUCTURE TODAY that the technology...
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A New Chapter Begins in Infra Financing
As the country slowly emerges from a severe second wave of the coronavirus pandemic, policymakers in the Central Government have actively been implementing solutions for kickstarting the economy since the previous fiscal. More recently, the setting up of the National Bank for Infrastructure & Financing Development (NaBFID) will ensure long-term financing for major infrastructure projects...