Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...
Tag: economy
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A Goal to Achieve Synchronised Development
Plans & applications to be effective, feels Sandeep Upadhyay, Centrum PM Gati Shakti is a very relevant initiative taken by the Government and is expected to effectively address some of the key challenges faced in the infrastructural development. While it may take some to evolve, but I am hopeful the roll out plan and its...
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Bostik Unveils Two New Tape and Label Adhesives in India
The move is seen as the company’s endeavour to bolster the manufacturing industry and support the shift towards a circular economy. Bostik, a leading global adhesive specialist for industrial, construction and consumer markets, has launched two new innovative products for the tape and label market in India. The first is Bostik HM2060, a single solution...
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Gati Shakti will catalyse economy, affirm infrastructure experts
Timelines for DPRs and land acquisition of projects will also be shortened Mega projects like Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport among others are likely to witness economic benefits with the implementation of Gati Shakti as timelines for DPRs and land acquisition have been shortened stated experts at...
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Gujarat budget’s focus includes urban dev, port infra
Allocations made to education, health infra and the Mumbai-Ahmedabad HSR
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Gujarat budget’s focus includes urban dev, port infra
Allocations made to education, health infra and the Mumbai-Ahmedabad HSR
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India to grow at 8-9 per cent
According to the Union Finance Minister Arun Jaitley, India has the capacity to grow at 8-9 per cent and good governance would make economic expansion ´more exuberant´.
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Global economy recovery is on track in 2014: RBI
The Macroeconomic and Monetary Developments 2014-15 update is released by Reserve Bank of India along with its first bi-monthly monetary policy statement for 2014-15. As per the macroeconomic update, the recovery of the global economy is on track in 2014, though tightening financial conditions and the divergence in inflation pose risks. Since the January 2014 monetary policy statement, global growth outlook remains broadly unchanged though weaker initial data to some extent cloud optimism. Globa
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SAIL to raise operational efficiency, save cost
Steel Authority of India (SAIL) would adopt several steps to increase operational efficiency and thereby save Rs 5,000 crore in cost over the next three years. The state-run steel maker said in a statement after a ‘Strategic Confluence on Cost Control and Cost Competitiveness’ at its Management Training Institute in Ranc
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RBI expects fall in corporate investment
Corporate investments, which stood at Rs 263,400 crore in 2012-13, may fall in the current financial year, Reserve Bank of India (RBI) said in its monthly bulletin for September. The capital expenditure intentions of the companies in private and joint business sectors were captured in the repo