The nations involved in the proposed IMEC collectively account for nearly half of global GDP, totalling $47 trillion. Therefore, to fully unlock the benefits of this multilateral initiative of immense geopolitical significance, they must work towards resolving security concerns and harmonising trading regulations, writes Manish Pant. Experts often refer to the proposed India-Middle East-Europe Economic...
Tag: freight corridors
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DFCCIL Pushes Fast-Track Plan for Gati Shakti Cargo Terminals
DFCCIL officials stress that construction and operational challenges will be cleared on priority with government support. Key officials at the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) have reaffirmed their commitment to accelerate construction and address gaps in the development of Gati Shakti Multimodal Cargo Terminals (GCTs), prioritising improved logistics and transportation for industries,...
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Indian Railways Freight Loading Surges Past 1 Billion Tonne Milestone This Fiscal
Daily loading remains robust at around 4.4 MT, higher than 4.2 MT last year, demonstrating improved operational efficiency and sustained demand. Indian Railways, the worldâs fourthâlargest rail transporter, crossed the landmark 1 billion tonnes of freight loading for FY2025â26 on November 19, propelled by strong demand in coal, iron ore, cement, and container traffic. This...
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The New Road
WeĂÂŽve chosen to focus on roads and highways development again this month, making it the cover story for two straight issues in a row. Now, that is surely an unusual situation!
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Race against time
Evolution of e-tailing has opened up numerous business opportunities for allied services like warehouse management, 3PL services, and first-mile and last-mile delivery.
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The infrastructure story is waiting to unfold
Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
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Focus on skilled manpower | Budget 2013-14
Skill enhancement: Availability of skilled manpower and semi-skilled manpower is becoming a bottleneck in execution of projects.Thus enhancing skills for construction sector would help the GDP growth as well. While this problem is being addressed and does not have an immediate solution, semi-skilled manpower development programmes may be included in schemes like NREGA which should encourage skill-enhancement so that over a period they would be employable by the industry.