The Telecom Ministry aims to provide rural wireless broadband connections to over five lakh villages in one-and-a-half years and will provide a subsidy to both state-owned and private service providers from the Universal Service Obligation Fund.
Tag: India
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Evolving PPP project predictability
The government is framing a national policy for public-private partnership (PPP) in infrastructure projects to elimiÂnate inconsistencies in the ruÂles and make infrastructure attÂracÂtive to foreign investment.
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Objecting 26 per cent profit to locals
The coal ministry has objecÂted to a proposal to make it mandatory for mining firms to contribute a portion of their profits towards local area develÂopment, as it will erode valuaÂtion of firms and dampen invesÂtor sentiment.
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Banks should increase their size to participate in the huge infra lending opportunities
Corporation Bank’s lending grew 30 per cent last year, and its confidence in infra-lending is evident. The high growth will continue, according to Chairman and Managing Director Ramnath Pradeep.
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Private Equity: Telecom's infra-sharing model can be replicated in other sectors
IDFC was established in 1997 to channel the private capital into the infrastructure sector, and IDFC Private Equity was established in 2002-3 to provide equity support to infrastructure sector.
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Nuclear site planning: Site selection is first step in nuke safety
Location of a nuclear power plant is the first step to its safety. Although not a single death has occurred in Fukushima so far because of radiation, questions are raised about why a modern nuclear plant in a high seismic and Tsunami-prone location proved so vulnerable.
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Expertspeak: Retail's twin
The low level of land holdings (below 1.5 hectare) in India means that that the average farmer needs to recycle his produce to cash in a short cycle.
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FTWZ: A game changer for India's logistics
Logistics cost in India is approximately 14 per cent of GDP, while the number for most developed nations is about 9-10 per cent. On a 1.6 trillion GDP, this represents absolute value of inefficiency and therefore a logistics market potential of over $65 billion.
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Image makeover
NC Jha, Director Technical, took charge as the acting Chairman of Coal India (CIL) after Partha S Bhattacharya retired on February 28.
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Merchant power cos under pressure
Lower merchant power rates and higher coal prices would ensure sustained pressure on profitability of non-integrated companies.