The new legislation has showcased the fact that land is a scarce resource. The key learnings from the implementation of the Act will help in improving future legislation in this crucial area in the coming years.
Tag: infrastructure projects
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Government must revive Sagarmala project
BVJK Sharma, Jt Managing Director and CEO, JSW Infrastructure Ltd, tells RAHUL KAMAT that the government must incorporate the railways, road and shipping ministries under one to curb logjams and avoid inter-ministerial issues.
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The Go-Getter
Arun Chandran, Managing Director - SynergiZ Global Services Private Limited & Project Director -(Parsons Brinckerhoff)- L&T Hyderabad Metro Rail, has over 17 years of management and engineering experience in design, installation, testing and commissioning of major infrastructure projects in varied sectors like aviation
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Economy to grow by 6.5 per cent
India's economy will grow by 6.5 per cent over the next four years if there is a decisive mandate in the general elections, CRISIL said. But if there is no clear mandate, the economy could derail further.More than election outcomes,
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Karnataka to revive infra projects
The Karnataka government is planning to revive a slew of infrastructure projects, including high-speed rail network and an international convention centre near Kempegowda International Airport near Devanahalli.
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L&T to construct Doha Metro project
Larsen & Toubro (L&T) has won a Rs 4,510-crore order from Qatar Railways Company for design and construction of the Gold Line of the Doha Metro project. The company has an order book of Rs 1.7-lakh crore and has given an order growth forecast of 15 per cent for 2013-14.
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Infra Insights
Long-term financing is what the Indian infrastructure sector needs to attain the projected growth. And Infrastructure Debt Funds (IDFs), which the government had in 2011-12 fiscal under Finance Minister P Chidambaram allowed to form to step up investment in the infrastructure sector, which requires $ 1 trillion in the 12th Plan.
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PMG clears Rs 5 lakh cr worth projects
The Project Monitoring Group (PMG) set up by Prime Minister Manmohan Singh has cleared Rs 5.1 lakh crore worth of infrastructure projects in less than a year, prompting over a dozen states keen on setting up similar monitoring cell in their respective states.
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Urban projects: Chequered growth
The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
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Bankers are not mere lenders, they should be accepted as partners
Corporates should treat banks as partners, and that will help in solving many problems. MV Tanksale, Chief Executive, Indian Banks' Association, tells Rahul Kamat that with new banks coming in, there will be intense competition