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Strengthening Infrastructure

Strengthening Infrastructure

Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the remaining one-third was to come from the private sector.

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IFC issues Green Bond

IFC issues Green Bond

IFC, a member of the World Bank Group, has invested Rs 6.67 billion ($103 million) in L&T Infrastructure Finance Company Ltd. by subscribing to the first official Green Bonds in India. This is in line with IFCÂ’s strategy to support renewable energy infrastructure in the country and also develop the capital markets.

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We are constrained by our limited dredging capacity

We are constrained by our limited dredging capacity

The Inland Waterways Authority of India (IWAI) was set up in 1986. Since then till 2008, only five waterways could be declared as National Waterways. Work could be started on only three of them: National Waterway or NW-1 that is the Ganga National Waterway, NW-2 that is the Brahmaputra Waterway and NW-3 comprising the backwaters of Kerala.

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Rs.8.5 lakh crore plan is for decongestion of network

Rs.8.5 lakh crore plan is for decongestion of network

Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.