Rajiv Takru, Secretary, Financial Services department of the union finance ministry informed that the government formed a special group headed by an officer in the Cabinet Secretariat to monitor each of the stalled projects. He exuded confidence that the economy will recover from the current slowdown in the next three-six months. Owing to reasons like administrative delays, lack of environment clearances, 215 projects are stalled at vario
Tag: infrastructure
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Kerala govt allots Rs 80 cr for bridge project
Kerala government allotted Rs 80 crore for the construction of the Edakochi-Kannangattu bridge, the state excise Minister K Babu said at a function on the completion of a Hudco project at Pampayi Moola. He also informed that the state government would conduct tendering process for the bridge project.
Piling has already been started on an experimental basis, the m
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Massive infrastructural development at grassroot level is needed: Experts
The private players can participate in the construction of infrastructure for cold chain systems and benefit greatly. However, the experience of the few private players who have invested in the cold chain has not been satisfactory for them.
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Reinforcing safety
Ultra-high performance fibre-reinforced concrete is considered the core for building the future of any nation. This high performance material allows the construction of sustainable and economic buildings with an extraordinarily slim design. Its high strength and ductility makes it the ultimate building material, writes A Shivkamal.
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Indian companies shall increasingly adopt LMS
Rahul Himatsingka, CEO, Essar Steel Logistics, explains to Sumantra Das how a robust logistics management system can help companies handle the complex supply chain system efficiently.
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PM asks SEBI to support fund flow to infrastructure
Securities and Exchange Board of India (SEBI) received a request from Prime Minister Manmohan Singh to promote infra debt funds (IDFs) in order to boost funding to the infrastructure sector.
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Govt expects 50% infra investment to come from private sector
Sudhir Krishna, Secretary, Union Urban Development Ministry, informed that the government expects the share of private investment in infrastructure sector to rise to almost 50 per cent in the 12th Five Year Plan (2012-17).
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IL&FS infra fund
A new infrastructure fund would be launched jointly by Standard Chartered Private Equity and IL&FS Investment Managers with a corpus of around $600 million. This is the second fund being launched jointly by both the firms
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RBI tightens restructuring norms of infra projects
The Reserve Bank of India (RBI) on May 30 has announced its final guidelines provisioning norms for restructured accounts and asset classification.
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Experts speak on renegotiation of contracts
Some experts argue that the government can allow renegotiation of contracts for infrastructure projects being carried out on public-private partnership (PPP) basis.