The land acquisition bill would lead to further holding up of the infrastructure projects where many projects are already languishing due to the failure of authorities to acquire the necessary land for development.
Tag: infrastructure projects
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The new bill in its current form is seriously flawed in some ways
Land acquisition is the single most important reason for Mumbai's much-awaited, dispute-ridden metro rail to be repeatedly postponed and for the cancellation of its second line. Sumit Banerjee, CEO-Infrastructure, Reliance Infrastructure and Vice Chairman at Reliance Cement, explains to Shashidhar Nanjundaiah whether the current Land Acquisition Bill could have helped.
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Address administrative deficiencies
The new EPC framework is a great beginning and incorporates some very good ideas. If MoRTH and NHAI can address the administrative deficiencies that have been afflicting the regulatory and project management systems of the highways sector
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Maintaining workflow
Implementation of ERP system for construction businesses actually unzips many of the complexities and maintains the work flow of the firm. Sudheer Nair elaborates.
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Investment: A legacy of perception?
An India-US Infrastructure Fund that was set up in 2010, but with the US recently lodging a formal complaint against India with World Trade Council on entry barriers to companies, things could be on wait-and-watch mode.
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Managing risk in infrastructure projects
Frequently, major projects and investments are only possible if insurance cover is available, but infrastructure project suffer from risks that are not covered. Easwara Narayanan M explains the types of general insurance available to the industry.
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Making difference in homeland
When Srini Kris left India at the age of 22 to pursue an engineering career in the US, he always hoped one day to return. Little did he know that running the Indian operations of URS, one of the world's leading engineering, construction and techni¡cal services companies
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Cabinet for large project approvals
Union cabinet may consider approval for several large¡-sized infrastructure projects, costing at least Rs 1,000 crore, to ensure expeditious clearances. Union finance ministry is learnt to have sought specific comments from the concerned ministries on pending approvals.
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Rs 1,000 cr mega projects are facing delays: Report
According to a report of the Union Ministry of Statistics and Programme Implementation 46.8 per cent (97) of 207 projects classified as mega infrastructure projects costing more than Rs 1,000 crore are facing delays. The data also stated that till May the delayed projects saw a cost overrun of 11.8 per cent from the originally sanctioned Rs 6.99 lakh crore to Rs 7.81 lakh.
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Govt clears Rs 1 lakh cr infra projects
The Union government on August 26 cleared Rs 1 lakh crore infrastructure projects which include projects under shipping and ports sector. The Prime Minister Manmohan Singh headed Cabinet Committee on Investment (CCI) has also asked the departments concerned to remove the bottlenecks for the projects within a month.