Subscription model will make technology adoption accessible. India’s infrastructure sector is witnessing huge development, especially after the Indian government’s intense focus on modernising the nation’s infrastructure across various sectors such as airports, railways, roads, and smart cities. Ambitious infrastructure projects have given a humongous opportunity to this sector. In Union Budget 2021, the government has...
India’s airports are moving in the right direction, using technologies like AI and BIM to increase automation.Touchless systems at the entry, security check-in systems, seamless boarding services, world-class architectural designs at the international terminals are some of the major changes Indian aviation industry is witnessing. And technology has played a big role in the success...
Like the DFIs created by policymakers in the 1950s for making industrial capital accessible, the new body corporate will provide easy access to funding for infrastructure projects critical to nation-building . Click here to read more
The Government think-tank NITI Aayog and Quality Council of India (QCI) on Wednesday launched the ‘National Programme and Project Management Policy Framework’ (NPMPF), envisaged to bring radical reforms in the way infrastructure projects are executed in India.
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.
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).
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.
Minimising of project execution risks and introduction of strong deterrents for non-performers are the only long-term solutions to ensure seamless funding for infrastructure projects, says Srishti Ahuja Taneja, Director, Transaction Advisory Services, Ernst & Young.