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Is India´s steel industry ready to take the torch from China?

Is India´s steel industry ready to take the torch from China?

As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.

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Unravelling growth

Unravelling growth

At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.

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Land acquisition and MOEF clearances have held up projects

Land acquisition and MOEF clearances have held up projects

Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.

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Gaining momentum

Gaining momentum

The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.

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From thought to action

From thought to action

If the change in governance at the Centre last year brought reason to cheer, the first year of the NDA government´s rule also showed that intent alone was never going to be enough.

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A close assessment

A close assessment

There´s a big scope of service delivery improvement and the government needs to think mobile first. The ´Digital India´ initiative aims at preparing India for a knowledge-oriented future. The programme´s objectives clearly highlight that it is a comprehensive

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Digital India: The next steps

Digital India: The next steps

The noble vision of having paperless governance needs to overtake a mindset and working style of decades. It needs the transition of people more than infrastructure at any juncture.

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The ´dirty´ task

The ´dirty´ task

Though the ´Swacch Bharat Abhiyan´ has been gathering steam, the litmus test is the on-ground execution of the elaborate plans and proposals. Collective responsibility is the key to success.