India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.
Tag: investment
Post
Post
Telcos to invest Rs.12,000 cr to check call drops
B Telecom operators have committed to invest Rs.12,000 crore within the next three months to install 60,000 towers and put an end to the mobile call drop menace. Major companies were called in by the Department of Telecom (DoT) to discuss the issue and improve service quality.
Post
Addressing Infrastructure Financing Needs
After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
Post
Aerobridges are financially unviable for regional airports
Installation and maintenance of aerobridges require significant capital investment by the airport operator. Most of the regional airports in India have low traffic numbers, making the investment on aerobridges financially unviable.
Post
Airports Authority of india chalks out Rs.15,000-cr upgrade plan
In its biggest-ever investment outlay, Airports Authority of India (AAI) has chalked out a plan to invest Rs.15,000 crore over the next four years in the development and upgrade of airports.
Post
New mineral policy to bring in private investment | Tomar
The Centre will soon introduce a national mineral exploration policy which will promote private investment in the sector other than boosting exploration, Union Minister of Mines Narendra Singh Tomar said.
Post
En route to MAHA growth
By signing Memorandums of Understanding (MoUs) worth Rs.8 lakh crore, Maharashtra managed to outpace other states in the recently held Make in India week. The MoUs being signed by various companies, and with these firms indicating their investment intentions, clearly showcases the faith being reposed in Maharashtra by the industry.
Post
ADB to up lending to India for infra
Asian Development Bank (ADB) said it supports India's commitment to build more infrastructure and will increase its lending to $10-12 billion till 2018. ADB President Takehiko Nakao met Finance Minister Arun Jaitley and praised India's strong economic performance in the face of weak global growth.
Post
EPFO to invest in G-secs for infra
Retirement fund body Employees' Provident Fund Organisation (EPFO) will park more funds in public sector bonds to boost infrastructure development programmes and continue to invest in equities, Union Labour Minister Bandaru Dattatreya said.
Post
Shipping Ministry’s 3-day summit
In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.