At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
Tag: infrastructure
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Urban infrastructure: Challenges in India
Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of India´s gross domestic product.
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Indian concrete industry on a roll
Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
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Shipbuilding sector wants infra status
The Government has received several critical suggestions from different stakeholders to promote the local shipbuilding industry, which includes grant of infrastructure status, financial assistance and tax sops, Parliament was informed.
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Kandla bags´Port of the Year´ award
The Kandla Port Trust (KPT) has said Kandla has been recognized as Sea Port of the Year for Non-Containerized Cargo for North India at the recently-concluded 6th Northern India Multimodal Logistics Awards 2015.
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Cabinet nod for Sagarmala project
The Government gave ´in principle´nod to Sagarmala project, which is aimed at port-led development in coastal states. ´The Union Cabinet chaired by Prime Minister Narendra Modi, gave its ´in-principle´approval for the concept and institutional framework of Sagarmala Project,´ an official statement said.
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SPVs for each smart city
A Special Purpose Vehicle (SPV) will be created for each smart city, Urban Development Minister M Venkaiah Naidu said. Infrastructure deficit will be bridged by retrofitting of identified areas of a city and re-development of areas which are not amenable to retrofitting, a statement from the Ministry said.
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Committee to Review PPP cell in Rlys
The Ministry of Railways has decided to constitute a Committee headed by Ajay Shankar, IAS (Retd.), former Secretary, Department of Industrial Policy & Promotion (Govt. of India) to review the existing Public Private Partnership (PPP) Cell in the Railway Board.
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L&T hopes to win 2 power plant contracts in FY16
Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.
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Goa to get Rs.700 cr infra boost
In a major step to give a boost to the poor infrastructure in Goa, the Chief Minister Laxmikant Parsekar has proposed to increase the budget of the state infrastructure development corporation (GSIDC)-the special purpose vehicle for such projects-to Rs 700 crore which is almost three times of the previous year.