The Tamil Nadu government has approved the project structure for the Rs 1.83-lakh crore Madurai-Tuticorin Industrial corridor and has decided to set up a new financial institution to support funding for large infrastructure projects.
Tag: infrastructure
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Good Days Are Here…
The first 100 days of the Modi government have been encouraging. Now the Centre is firmly moving to mission mode. There´s much that the infrastructure sector can look forward to in the days to come. Let´s look at the various initiatives that the government plans to unroll.
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India requires a well-defined logistics structure
A well-defined structure will help logistics service providers to anticipate all major challenges they may face during transport and will enable them to plan their activities accordingly, says Umesh Shetty, Executive Director, Allcargo Logistics.
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Infrastructure has been a key sector attracting FDI
Devraj Singh, Executive Director - Tax & Regulatory Services, EY India discusses various issues related to FDI in the Indian infrastructure sector. What has been the trend of FDI inflows into the Indian infrastructure sector in the last decade
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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
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Online approvals for infra projects by fiscal-end
To fast-track project approvals and cut down corruption and red-tape, the government is working on making all clearances required for infrastructure and industrial projects available online by the end of the fiscal.
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New identity for Planning Commission
The Planning Secretary Sindhushree Khullar has suggested five changes that could outline the identity, structure and function of the body that will succeed the 64-year old commission.
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Centre wants fiscal measures from States for airport infra
The Union government has advised the States to take certain financial measures like slashing VAT on jet fuel up-¡lifted by airlines and underwriting of some seats to encourage aviation growth.
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Techno-social audit of infra projects in Punjab begins
The Punjab government has started preparations to initiate a techno-social audit of all infrastructure projects in the state to bring more transparency in the implementation of such projects.
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CCEA approves empowerment of MoRTH
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, gave its approval to the Ministry of Road Transport and Highways