As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure. Like the DFIs created by policymakers in the 1950s for making industrial capital accessible,...
Tag: Japan International Cooperation Agency
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The Bailout Plan
Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the lumbering behemoth's financials.
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Strengthening Infrastructure
Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the remaining one-third was to come from the private sector.
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JICA to provide Rs 2,000-cr loan for Chennai Metro
Japan International Cooperation Agency (JICA) has extended an Official Development Assistance (ODA) loan of around Rs 2,000 crore for the fifth phase of the Chennai Metro Project. It also extended a loan of around Rs 1,300 crore for the second phase of Tamil Nadu Investment Promotion Programme.
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Bhopal, Indore to have light Metro rail
Bhopal and Indore will have driver-less light Metro rail instead of the Metro rail which the Japan International Cooperation Agency (JICA) has agreed to finance, according to officials of the Madhya Pradesh Metro Rail Company.
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JICA, IIFCL ink pact to finance PPP
Japan International Cooperation Agency (JICA) has inked a pact with India Infrastructure Finance Company Limited (IIFCL) to provide 50 billion Japanese yen (about Rs.2,866 crore) of official development assistance (ODA) for implementation of infrastructure projects in PPP.
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the worldĆĀ“s largest rail networks, emerge from the rut.
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Two Metro corridors to be ready only by 2017-end
Union Minister of State for Urban Development Babul Supriyo said 78 per cent of the work has been completed on the two corridors of the Chennai Metro Rail.
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Mumbai-Ahmedabad in two hours
The proposed Mumbai-Ahmedabad high-speed corridor is estimated to cost Rs 98,805 crore.
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Need for Efficient Planning
Holy Ganga- the river which has been bestowed with abundant funds, yet remains a toxic cocktail. The Central Government has allocated an additional amount of Rs 200 crore