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Will appoint oversight committee from private sector to drive change

Will appoint oversight committee from private sector to drive change

Nitin Gadkari, Union Minister for Road Transport and Highways is upset with cement cartelisation and faulty detailed project report (DPR) preparations and has set a roadmap for stepping up road construction pace and quality in surface material with innovative mixes. Speaking exclusively to Pratap Padode, Editor-in-Chief of ASAPP Info Global Group at the ‘InfraNirbhar Webinar...

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Need to develop 700 km of metro rail lines annually to meet future growth

Need to develop 700 km of metro rail lines annually to meet future growth

With Indian cities emerging as the key drivers of economic growth, attention also needs to be paid to developing a robust public transportation system in them, observes Hardeep Singh Puri, Union Minister for Housing and Urban Affairs. Puri made these observations at a panel discussion moderated by Pratap Padode, Editor-in-Chief, CONSTRUCTION WORLD, and Aashish Chandorkar, Columnist,...

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DFI to create financing ecosystem for infra projects

DFI to create financing ecosystem for infra projects

The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...

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A New Chapter Begins in Infra Financing

As the country slowly emerges from a severe second wave of the coronavirus pandemic, policymakers in the Central Government have actively been implementing solutions for kickstarting the economy since the previous fiscal. More recently, the setting up of the National Bank for Infrastructure & Financing Development (NaBFID) will ensure long-term financing for major infrastructure projects...