In a candid interview, finance veteran Arun Purwar, Chairman of IndiaVenture Advisors Pvt Ltd & PHL Finance, suggests that since the bond market is deep enough to take care of funding requirements of infrastructure projects, the government must encourage infrastructure fund raising through the bonds.
Tag: forest clearances
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SC’s nod to delinking of environment, forest clearances
The Supreme Court has approved the revised norms for infrastructure road projects that delink the environment and forest clearances - formulated by the Prime Minister's Office (PMO) last month to end the face-off between the environment and forests ministry and the National Highways Authority of India (NHAI). On the basis of its interpretation of a judgment in the case of Lafarge, the ministry had insisted such projects should take environment and forest clearances.
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MoEF should decide over green nod for projects: NHAI
With the Prime MinisterĂâs Office stepping in to resolve the row between the National Highways Authority of India (NHAI) and the Ministry of Environment and Forests (MoEF) over forest clearances to highway projects, the NHAI has communicated that the ball is now in the ministryĂâs court.
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Govt to decide on green nod before auctioning 54 blocks
Government would soon decide on whether to secure environment and forest clearances for the 54 coal blocks before auctioning them to power, steel and other firms. According to reports, government finds it preferable to secure green nod before auctioning these blocks in order to avoid delay in developing them.