Today, 70 per cent of our GDP comes from urban areas while the investment for urban development is only 0.70 per cent. Now, according to the McKinsey Global Institute (MGI) report, Indias urban population is projected to increase from 34 crore in 2008 to 59 crore in 2030
Tag: GDP
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We will soon set up a Project Development Company in Africa
The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
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Economy to grow by 6.5 per cent
India's economy will grow by 6.5 per cent over the next four years if there is a decisive mandate in the general elections, CRISIL said. But if there is no clear mandate, the economy could derail further.More than election outcomes,
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Indian economy is set on a dis-inflationary path: 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 Indian economy is set on a dis-inflationary path, but more efforts may be needed to secure recovery. While the global environment remains challenging, policy action in India has rebuilt buffers to cushion it against possible spillovers
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Urban growth planning: A London perspective
While the London model of governance may not be suitable for all cities in India, it should certainly be considered for the large and rapidly growing metropolises. Lessons and experiences from London could be relevant to better and integrated planning of Indian citites,
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Paradigm shift in procurement process
The Indian aviation market has been witnessing significant growth in the last few years. Currently the ninth largest aviation market, handling 121 million domestic and 41 million international passengers,
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Towards more scientific mining processes
Disregard to science and engineering of mining should be a big concern especially when it comes to giving the land back to the environment it came from. Mining companies have a lot to do in ensuring a stable environment,
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Dr. Samantak Das’s reaction on RBI’s decision to hike repo rate
RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth.
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There is no alternative to PPP
There are few people in the seats of power who're more convinced about PPP than Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India. In a freewheeling interview and a mood for candour,
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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