As India ramps up policy support, global satellite operators are positioning to meet soaring demand for broadband connectivity. The current enabling policy environment in Indiaâs spacetech sectorâparticularly satellite communicationsâis poised to significantly bolster both investments and connectivity, according to one of the countryâs leading telecom authorities. Calling the recent Telecom Regulatory Authority of India (TRAI)...
Tag: Liberalisation
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Addressing Infrastructure Financing Needs
After liberalisation, the governmentĂÂŽs 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.
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Railways on Overdrive
While all the pressure to build a railway network in India in the mid-nineteenth century came from London, it is well into the 21st century that pressures of a very different kind are at work in modern-day India.
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Old wine in a new bottle?
While relaxation of the Indian cabotage policy is being observed as a gateway of opportunities, investment in infrastructure and higher logistics costs are believed to be some of the major deterrents.
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Slowdown or consolidation?
After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaĂâs infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.
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Slowdown or consolidation?
After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaĂâs infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.
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FM pitches to US investors for infra projects
Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee inforĂÂmed the gathering that his government was working towĂÂards building a consensus on a number of pending policy issĂÂues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy