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Divining intervention

Divining intervention

Nearly a fifth of the country’s land is rich in commercially viable mineral deposits, but without proper prospecting policies, mining has not always been scientific. The government is now wooing foreign players into prospecting and mining in India,

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Minor airports in Karnataka

Minor airports in Karnataka

Karnataka Governor HR Bhardwaj informed that minor airports at Shimoga, Gulbarga, Bijapur and Hassan were being developed on public-private-partnership basis.The airports at Gulbarga and Shimoga would be operational by July.

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Ban, Clean, Refresh

Ban, Clean, Refresh

As the Supreme Court churned out more earthshattering decisions for the infra industries in a week than it did in a long while, the court-appointed Central Empowered Committee (CEC) returned with its final report and recommendations to allow 45

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The Market-Accessors

The Market-Accessors

If rural roads act as connectors between highways and tolled for heavy vehicles, they can be made more viable. In several states, rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and the NABARD-financed schemes are new and inviting.

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Mining: Struggling to emerge from doldrums

Mining: Struggling to emerge from doldrums

Karnataka now finds itself in the company of other states in the clamp down on mining and ore transport. This means India will soon drop down in its export rankings of ore, adding to the brewing export and currency troubles. A Shivkamal writes that in this delicate environment, further reforms in mining will prove to be difficult to implement, at least in the near future.

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More premium bids for NHAI

More premium bids for NHAI

All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.