More than 3,000 km of highway projects awarded about two years back under the public private partnership (PPP) mode are yet to take off. Both government and private parties are to blame for this mess. The reason for this delay can be attributed to government bodies for delay in taking policy decisions, banks who have become more stringent while sanctioning loans and are asking for 100% land availability as a pre-condition, dip in economic growth leading to decrease in traffic flow.
Tag: economic growth
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RBI hopes for growth prospects, cautious on Re fall
The continuously falling rupee would bring pressure on the country's inflation, the Reserve Bank of India (RBI) has cautioned on August 22. However, the apex bank provided some hope on economic growth by stating that it expected the inflation to be more than the five per cent of last financial year.
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Contract opportunities in crude oil transportation
Indian economy is expected to grow at a higher rate of 6.7 percent in 2013-14 compared to the expectation of around 5.4 percent growth in 2012-13. Rise in economic growth leads to higher demand for crude oil. Consequently, there is good prospect for contracts in crude oil transportation business. Following are some of the contract opportunities in the sector.
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FDI norms in port sector
The Union Government allows 100 per cent Foreign Direct Investment (FDI) in port sector to supplement domestic capital, technology and skills, for acceleÂrated economic growth,
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PPP in warehousing will be transformative: Experts
Several investors have exited the rural infra segment over the past few years. because they could not achieve the scale they wanted to, perhaps because of wrong strategies. This year, can it be the switch that the government can use to trigger economic growth back on track?
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Futurespace
It is just as well that the Delhi-Mumbai Industrial Corridor, when completed, will include at least six new cities.
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Huge coal shortfall estimated in 10 years
The government has admitted that the country would face a huge shortfall of 269 mt of coal by 2021-22 as the coal producing entities had failed to keep pace with the demand as well as economic growth.
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View from the US: Giant awakening
Political and policy issues have been a deterrent to the United States' investment in Indian infrastructure projects.
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Green Economy: Finland for partnership on clean infrastructure
Clean technologies lead the way for stronger ties between India and Finland. An increasing number of Finnish companies are leaping at the opportunities India has to offer, says Rai Shivapati Ray.
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Global Policy: Around the world, infra is in critical stages
Severe budget constraints will limit many governments’ ability to fund improvements, and private financing will have to fill the gap.
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