Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
Tag: GDP
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NDA Govt to hike infrastructure investment for FY 2015-16
The National Democratic Alliance (NDA) Government has committed to reviving the investment cycle by increasing public expenditure in capital formation. Finance minister Arun Jaitley announced an overall increase of Rs 70,000 crore in investment in infrastructure in 2015-16 over the current year.
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Revival of stalled projects worth Rs.8.8 lakh cr can push growth
Stalled projects worth Rs 8.8 lakh crore, or 7 per cent of GDP, are holding up investments in the economy, impacting corporate balance sheets and public sector banks which have extended loans.
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Railways hopeful of higher GDP growth
Indian RailwaysĂ´ target of increasing freight tonnage by an incremental 85 million tonnes (mt) in 2015-16, against the traditional annual average of 50 mt, might appear ambitious, but the national transporter believes achieving such growth will not be a big task.
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Airport, Metro projects will add Rs.1,450 crore to GDP
According to the audit by the National Council of Applied Economic Research (NCAER), big-ticket projects of airport-related infrastructure and Mumbai Metro will contribute Rs 1,450 crore in income to countryĂ´s gross domestic product during the entire construction phase (2014-15 to 2018-19).
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Open Sesame!
Public Sector Units (PSUs) will be pushing the growth engine of the country, be it through almost 18 lakh acres of land reserves with these companies or the cash reserves of almost Rs 2,00,230 crore kept as bank deposits by these enterprises.
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Infrascape 2015 – Things are looking better for…
Things are looking better for the country with the positive sentiment that we are seeing across the board. Serious efforts are evident to bring the economy back to a growth trajectory and get our GDP to the high levels it had scaled just a couple of years ago.
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Clawing Back to Action
He is a man of action and is showing the world that he means business. In many firsts in the month that went by, Prime Minister Narendra Modi presented India to the global industry as a nation that is seeking to attract investors with reforms and measures
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Utilities must be freed from the control of State governments
Amol Kotwal, Director, Energy & Power Systems Practice, Frost & Sullivan, speaks on what can be done to turn around the distribution scenario in the country to boost the prospects of the power sector.
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Infrastructure has been a key sector attracting FDI
Devraj Singh, Executive Director - Tax & Regulatory Services, EY India discusses various issues related to FDI in the Indian infrastructure sector. What has been the trend of FDI inflows into the Indian infrastructure sector in the last decade