The first-ever Progressive Punjab Investors Summit attracted commitments worth Rs 65,000 crore, but infrastructure enablement will be a critical factor in realising those investments.
Tag: investments
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Tariff dodging dents toll income on highways
Media reports say that private companies' investments into highways in India have taken a beating with the toll dodging practice by some sections of vehicles including those of politicians in the country. Ambulances, fire trucks and the cars of senior government officials are among those exempted from paying tolls, but other drivers often claim a free ride, say an official with GVK Power and Infrastructure.
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Govt mulls to set up infrastructure trust fund
In support of investments in the infrastructure sector, the Union government is mulling to set up an infrastructure trust fund by next November. The fund will be on the lines of fiscal funds set up by real estate investment trusts in Singapore and some other countries. In India, infrastructure sector has been struggling for the past few years due to lack of investments since banks have been wary of lending due to policy constraints.
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Govt mulls to set up infrastructure trust fund
In support of investments in the infrastructure sector, the Union government is mulling to set up an infrastructure trust fund by next November. The fund will be on the lines of fiscal funds set up by real estate investment trusts in Singapore and some other countries. In India, infrastructure sector has been struggling for the past few years due to lack of investments since banks have been wary of lending due to policy constraints.
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AP attracts lion’s share in port investments
Andhra Pradesh has claimed that it has surpassed Gujarat in attracting private investments in the port sector during the first six months of the current fiscal. This was stated by K Pradeep Chandra, the Commissioner for Industrial Promotion, Industry and Commerce Department of the State.
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What lies beneath…
Indian tunnelling has gained sufficient experience in tunnelling, and as new infrastructure projects in rail, metro rail, water and hydro electric projects promise momentum underground, technology and management will be critical,
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Relax rules and regulations without losing control: Experts
It's time for action now, they say. The sector has held promise in attracting investments, both domestic and foreign. But clearances, infrastructure and other bottlenecks continue to slow the pace of implementation down.
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UN raises concern on PPP projects in India
According to a report by the United Nations (UN), public private partnership (PPP) projects in India do not necessarily lead to improved disaster risk assessment and management, and they may underplay disaster risks or lead to their transfer as shared costs to the public sector or to city residents. The international agency said this in its Global Assessment Report (GAR) on disaster risk reduction. The 2013 GAR study on disaster risk reduction is the third biennial report coordinated by the UN's
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Govt clears 2 National Highway projects in Rajasthan
The Union government approved two highway extension projects in Rajasthan involving investments of Rs 713 crore with assistance from the World Bank. A press release from the Ministry of Road Transport and Highways said that government has approved a proposal for rehabilitation and upgrading of two stretches of National Highways in Rajasthan under Phase I of National Highway Interconnectivity Improvement Projects (NHIIP) with World Bank loan assistance.
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Infrascape 2013 | Great opportunity in 2013
Most of the contracts in the Infrastructure sector are long lead time projects with significant investments. WhicÂhever customer of ours in these industries that we speak to, they all have experienced the effects of overall economic slowdown and the difficulty in getting funds for these projects. Larger projects such as in the power sector or in the road construction have continued to face problems in land acquisition and obtaining all the governmental clearances.