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.
Tag: infrastructure 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
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Advantage infrastructure
A wide range of projects and facilities are granted the status of infrastructure projects under the new Companies Act, 2013. Prachi Manekar elaborates on the benefits from the new Act for the infrastructure projects.
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UP’s 2nd budget of Rs 3,619 cr to fund infra projects
To fund infrastructure projects in the state like Lucknow Metro, Agra-Lucknow Expressway and rural electrification, the Uttar Pradesh government on December 10 tabled the current year's second supplementary budget of Rs 3,619.76 crore. In last September, the State government had tabled the first supplementary budget worth Rs 7,112.39 crore.
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Finance blues will change as macroeconomic conditions change: Experts
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.
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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 ĆāSustainable Infrastructure DevelopmentĆā organized by the Indian Construction Equipment ManufacturersĆā 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.