The proposed Vizhinjam deepwater port and international transhipment terminal in Kerala has become the first to be granted viability gap funding (VGF) by the Centre. A decision to this effect was taken at a meeting of an empowered panel under the Union Finance Ministry recently.
Tag: infrastructure
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Japan offers assistance to promote ITS
Japan has offered to assist India in developing Intelligent Transport Systems(ITS) in urban areas of the country.
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RoB projects to get speedy clearance soon
The Union government is getting ministries and departments to work together to get things moving even though big-bang infrastructure initiatives have remained elusive. The often feuding railways and highways ministries, for instance, have decided to
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Infra output growth slows
India´s annual infrastructure output growth slowed to 1.9 per cent in September, according to the government data.
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Clawing Back to Action
He is a man of action and is showing the world that he means business. In many firsts in the month that went by, Prime Minister Narendra Modi presented India to the global industry as a nation that is seeking to attract investors with reforms and measures
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
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¨Bond market will see a face-lift in the near term¨
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
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¨Raising large-scale infra funds is a difficult task¨
While the government and the RBI have eased norms and pushed for financing opportunities, actual benefits will take time to trickle down, says Vishwas Udgirkar, Senior Director, Deloitte India.
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¨It is encouraging to see smaller cities implementing Metros¨
JK Rajan, Sr Vice President, Mobility & Industrial Services, T_V S_D South Asia, speaks on how proper studies can avoid technical snags that hamper smooth mobility in urban transport solutions.
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PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.