Yamuna Expressway project is a classic example of how a huge tract of land can be utilised to develop industries of so many types, facilities of all kinds and much more.
Tag: infrastructure projects
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RBI policy rates by itself may not improve viability of projects
Tata Strategic Management Group provides management consultancy solutions to clients across multiple industry sectors in order to create competitive advantage and sustain superior performance.
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We are confident in the growth opportunities
Although the last five years have seen rolling out of many water infrastructure projects, there is still more needs to be done, says Pawan Mathur, Director-Water & Heat Segment, Itron India, in an email interview with Sudheer Vathiyath.How do you assess the current scenario in the urban water sector in India
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Create positive vibes for investments | Budget 2013-14
Abolition of MAT during tax holiday period: Infrastructure company avail tax holiday benefit under 80-IA. Given long gestation and criticality of infrastructure, they are given a 10 year tax holiday. However, it is basically an exemption from paying income tax on the profits and paying MAT on book profits. So, whatever the projects are supposed to have conserved through the 80-IA benefits are being taken away by the MAT levy.
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Infra debt will boost the segment | Budget 2013-14
The Secretariat for Infrastructure in the Planning Commission is involved in initiating policies that would ensure time-bound creation of world class infrastructure delivering services matching international standards, developing structures that maximise the role of public-private partnerships (PPPs) and monitoring progress of key infrastructure projects to ensure that established targets are realised.
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Extend service tax exemption | Budget 2013-14
Within the Power sector the Transmission & Distribution (T&D) sector merits equal if not more attention. The more serious problem is one of under-investment in the T&D sector. For the last 50 years, India has been able to investment barely half of the desired level of investment in the T&D sector. Transmission lines in India are loaded up to 90 per cent in India against the world standard of 60-65 per cent.
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SFIS licenses should be transferable | Budget 2013-14
Applicability of MAT on companies during tax holiday Re-introduction of sec 10(23 g) so that interest is tax free to lenders of infrastructure projects Currently port services are considered as 'technical services' and thus fall under 194J for TDS purposes. Both 'port services' as well as 'revenue share' should fall under 194C.
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Remove bottlenecks | budget 2013-14
Given the backdrop of a modest 5.5 per cent GDP growth expected in FY13 and uncertainties on a global economic recovery, Union Budget 2013-14 assumes immense importance. It is imperative to stimulate domestic demand, that too through infrastructure creation because of its huge multiplier impact in terms of creating new jobs, enhancing productive capacity of economy and promoting inclusive growth.
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Sebi clears $1 bn IDF of IIFCL
SK Goel, Chairman and Managing Director of India Infrastructure Finance Company (IIFCL) said that the firm got Securities and Exchange Board of India's (Sebi) nod to launch $1 billion infrastructure debt fund (IDF). IIFCL expects to operationalise the fund in a month. Of the $1 billion corpus, 50 per cent would be contributed by Indian investors and 50 per cent by foreign investors, he said at the launch of first credit enhanced infrastructure bonds.
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Uttarakhand to set up committee for PPP projects
Uttarakhand government would take a decision on setting up an Empowered Committee on Infrastructure (ECI) and an Empowered Group of Ministers (EGoM) to clear key PPP infrastructure projects. Even though the state government announced a new PPP policy last year, it has not yet set up the above bodies.