Lending to the infrastructure sector expanded at a decent pace of 37 per cent CAGR during FY03-13. Lending to infrastructure sector as a part of overall industrial bank credit rose to 32.7 per cent of in FY13 from 10.6 per cent of FY03. Over the past five years, lending to power sector grew by a faster clip of 34 per cent CAGR.
Tag: infrastructure projects
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Government is working on a Mechanism for speedy resolution of disputes for Infrastructure Projects: Dr. E M Sudarsana Natchiappan
The second day of EXCON 2013 started with a Conference on ‘Sustainable Infrastructure Development’ organized by the Indian Construction Equipment Manufacturers’ Association (ICEMA) in association with the Confederation of Indian Industry (CII).
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Need big projects to take off: Experts
If there is a signal from the government for continuous development in the form of announcement of infrastructure projects, then equipment manufacturers will not shy away from further investments. A lot of manufacturers have come in, invested and are now waiting for such big projects to take off.
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Maha CM to review 4 key infra projects on Oct 30
Maharashtra Chief Minister Prithviraj Chavan is to discuss about infrastructure projects worth Rs 11,000 crore on October 30. The projects include passenger water transport sysytem. The CM is to discuss the projects with the Maharashtra State Road Development Corporation (MSRDC).
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Work paced up on e’way, underpasses in Noida
In Noida area, work has been paced up on pending infrastructure projects like Faridabad-Noida-Ghaziabad (FNG) expressway, two underpasses, and a multi-level parking lot among others, said the Noida Authority. The Authority on October 16 asked its engineers to speed-up work on all projects, and improve functioning to dispose off public complaints on daily basis.
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Govt firms’ Rs 3 lakh cr surplus money to be used for infra
The government-owned companies have a surplus cash of more than Rs 3 lakh crore. Now the Union government is planning to utilise this surplus amount for executing infrastructure projects and investing in expansion of such projects.
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Govt firms’ Rs 3 lakh cr surplus money to be used for infra
The government-owned companies have a surplus cash of more than Rs 3 lakh crore. Now the Union government is planning to utilise this surplus amount for executing infrastructure projects and investing in expansion of such projects.
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Future investments depend on how we treat existing projects
Can this be the twist in UPA II's tail and the welcome unknotting of India's wound-up growth story? Just over a month after the Prime Minister's Office constituted a monitoring committee in early June this year to troubleshoot stalled infrastructure projects,
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Govt reviews Rs 1.6 lakh cr infra projects
Reviewing the progress of infrastructure projects worth Rs 1.6 lakk crore, the Cabinet Committee on Investment (CCI) on September 17 discussed about the ways to overcome hindrances that are delaying them. The projects reviewed were across key infrastructure sectors such as roads, power and petroleum, among others.
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Focusing on land owner
The lease provision in the new Bill and assessing local stakeholders will go a long way in making land acquisition smoother, Saji Gopinath says. Considering the escalation of cost of entire project happening due to this delay in acquisition and ensuing costly legal procedures