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BUDGET MUST ADDRESS OBJECTIVES

BUDGET MUST ADDRESS OBJECTIVES

Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.

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Budget Analysis: Thumbs up … well, almost

Budget Analysis: Thumbs up … well, almost

The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.

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DMIC garners Korean interests

DMIC garners Korean interests

Infrastructure majors of South Korea are keen to participate in the $90 billion Delhi-Mumbai Industrial Corridor (DMIC), being built with the financial and technical help of the Japanese government.

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Expertspeak: Integration and differentiation needed

Expertspeak: Integration and differentiation needed

Did the MA 2020 miss the proverbial bull’s eye, or is there an explanation beyond bureaucratic and ministerial walls to the fact that there is still no serious mention of connectivity and integration of interests, and of treating shipping and ports differently?

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KL's infra envoy

KL's infra envoy

S Samy Vellu, 74, who assumed duties as Malaysia’s special envoy with ministerial rank on infrastructure to India and South Asia last month, has his task cut out.