With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
Tag: infrastructure
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India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
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We must achieve our long-term goals
In an exclusive interview, Nadir Patel, High Commissioner, Government of Canada, expressed his views on how experienced Indian companies can pitch in and formulate joint ventures with Canadian companies to take advantage of Canada's billion dollar infrastructure programme.
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NHAI to Cushion Against Delays in Hybrid Annuity Projects
National Highways Authority of IndiaÂ’s (NHAI) payment of mobilisation advances to developers will provide a fillip to the construction pace of hybrid annuity model (HAM) projects, says India Ratings and Research (Ind-Ra).
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Big Data Deployment is a Critical Infrastructure Component
Big data will be the thread that binds together all the diverse elements deployed in a smart city. It would be inconceivable to have any kind of meaningful smart city application layer without leveraging on big data. The Internet of Things (IoT) layer of big data sensors will generate an avalanche of data.
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Sophisticated Software Solutions Do not Necessarily Reduce Cost
The role of big data during project implementation is different from that of project operations. The implementation phase typically consists of planning, design and construction.
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Smart Cities Will Emerge as Major Big Data Hubs
Most large-scale infrastructure projects today are increasingly going the public-private-partnership (PPP) way. Technology and governance are key enablers in shaping the way forward for PPPs, while data-driven outcomes are critical because these projects need to generate value-for-money, be innovative and attain operational efficiency in a defined time frame.
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Big Data Analytics Is a Multi-fold Opportunity
The first step in video analytics is to train artificial intelligence (AI). This requires AI to go through thousands of hours of video to 'learn' what different objects, such as people, cars, license plates and trucks are. Initially, a human must help the AI by tagging different objects, but very quickly the AI can self-learn and educate itself at a rate that is orders of magnitude faster than what people can do.
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Clean up your act
On July 1, 2017 a new tax regime, in the works since over 15 years, designed as 'One Nation, One Tax', went live! Its impact on infrastructure will resolve future litigation in this area and although will mean higher tax, will also allow input tax credit in many categories.
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Fast Forwarding the Lifeline
It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.