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ENFORCEMENT OF CONTRACTS Mitigating the Uncertainty

ENFORCEMENT OF CONTRACTS Mitigating the Uncertainty

There is a silver lining here: For the past two years, the Modi government has been adopting a broad strategy to substantially improve India's dismal WB ranking for ease of doing business. Concerted efforts have been made to remove serious bottlenecks that exist in the numerous business laws and a "holistic approach"taken.

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Post Budget Analysis | Infrastructure: Railway

Post Budget Analysis | Infrastructure: Railway

Higher capital expenditure outlay for the railways (increased by 11.8 per cent from 2017v18 and 22.1 per cent from 2017v18) at Rs 1.46 lakh crore to support infrastructure projects. Of this, the budgetary allocation from the government stands at Rs 53,060 crore (up from Rs 40,000 crore in 2017v18, and marginally lower than 2017v18).

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Forget elections, fix the economy!

Forget elections, fix the economy!

The economy is huffing and puffing. Its health report indicates a serious infection. The economy has been inflicted with two rounds of disruptions which have caused it to sputter; Demonetisation and GST. Before the GDP numbers were recalibrated, the GDP numbers had turned in sub six percent figures.

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Engineers India bags orders worth Rs 2,500 crore from HPCL

Engineers India bags orders worth Rs 2,500 crore from HPCL

Engineers India has bagged orders from HPCL for execution of the Vizag Refinery Modernisation Project (VRMP). EIL will execute the project contract under two separate contracts, PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis.

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Infra-vestment | Follow the Money

Infra-vestment | Follow the Money

India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.