Asian Development Bank (ADB) and the Indian government have entered a $300 million loan to help expand rural connectivity and boost the rural economy in Maharashtra.Additional funding for the Maharashtra Rural Connectivity Improvement Project will help improve 1,100 rural roads and 230 bridges in 34 districts, totalling 2,900 km.
Tag: Indian government
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Government´s non-tax kitty may touch 5-year high
The telecom sector´s contribution towards non-tax revenues of the Indian government in the current fiscal is likely to be the highest in the past five years due to the mega spectrum auction, which is likely to take place in September this year, ICRA said.
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Transmission is levelling the playing field
One has to look back a few years for proper perspective. Once power generation was de-licensed after The Electricity Act 2003, there was a boom in the sector. People started coming into power generation in a big way, both coal-based and coastal.
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The Smart Cities programme is brimming with potential for smart water solutions
Urban settlements´ access to a reliable water supply is improving, as is the quality of the water supplied. However, there is still a great deal more to do. The World Bank estimates that 21 per cent of communicable diseases in India are related to unsafe water.
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Infra funds tracker as on April 30, 2015
With the aim of maintaining its thrust on the infrastructure sector, the Indian government recently announced it would spend close to Rs 20,000 cr in building roads in the North-Eastern states in the current financial year 2015-16.
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India approves 15 GW solar power capacity for auction
The Indian Government has given approval to auction 15 GW solar power capacity under the National Solar Mission that will come up across various states of the country.
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Govt to build smart cities at 12 major ports
Indian government is working on an ambitious plan to build one smart city each at the country´s 12 major ports, at an estimated total investment of Rs 50,000 crore, Union Minister Nitin Gadkari has said.
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Lack of priority sector lending for RE is an issue
The Indian government has successfully launched several policy instruments, which have enhanced the viability and bankability of RE projects.
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Infrascape 2015 – Having observed the new government´s working …
Having observed the new government´s working and measures taken to boost the economy and push growth, how will this change the scenario as the political party at the Centre galvanises the industry in the short, medium and long term? Infrastructure is one of the top priorities for the Indian government.
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India identifies 73 key roads along China border
For construction of roads along the China border, Indian government has identified as many as 73 roads as strategically important. Out of the 73 roads, 19 roads measuring 440.74 km are in Uttarakhand, Union Defence Minister A K Antony told the Lok Sabha on December 17.
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