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Budget Analysis: Thumbs up … well, almost

Budget Analysis: Thumbs up … well, almost

The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.

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Budget Reactions 2011

Budget Reactions 2011

Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.

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All that shines

All that shines

As it has been reported in the media, more than half of our country’s infrastructure projects are running overtime, and PPP projects are delayed more than EPC projects.

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Bumper to bummer

Bumper to bummer

What our cities must get right before jumping to future transport options. “Why focus on urban transport?” asked a 2005 government presentation document, somewhat rhetorically.