Tag: infrastructure development

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Contract renegotiation may be a reality

Contract renegotiation may be a reality

The government is considering the introduction of a force majeure clause in public-private partnership projects to allow renegotiation of contracts to revive private participation in infrastructure development and salvage some big-ticket projects.

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Infra trust fund on its way

Infra trust fund on its way

Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.

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The silent underdog

The PMGSY has been a remarkable scheme, with substantial potential in ushering in the much-needed bottom-up reforms. Despite its obvious effectiveness in various economic, social and business domains, availability of funds and trained resources