Media reports indicate that the government may take steps to develop financial markets in the country, as part of its economic reform drive. In this regard, the government may launch financial instruments intended to encourage foreign sovereign wealth funds to invest long-term money in India. The Indian government is desperately trying to attract foreign investment into the Indian financial market in order to bridge the high current account defic
Tag: Magazine
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Not yet out
Despite the current slowdown, the long-term outlook for the port sector continues to be strong, especially because of increasing demand for coal, containers, crude oil and POL, fertilisers, and steel. The government also has taken into cognizance the issues impacting the sector
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Ports must be need-based
There are several state-run ports mushrooming across the entire coast line, but do we need a port at every 100 km of coastline? Probably not, the key is to build port capacity where it is needed the most,
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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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Gujarat’s non-major ports have grown by 13 per cent
Gujarat has planned more than 40 ports, and this overwhelming number has both been welcomed and has raised questions. AK Rakesh, Vice Chairman & Chief Executive Officer, Gujarat Maritime Board,
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Ports should set their own tariffs, not TAMP
Regulatory and clearance delays may be necessary evils in infrastructure projects, especially those under PPP. But as N Muruganandam, Joint Secretary, Union Ministry of Shipping, elaborates the government's ambitious plans of port infrastructure development in the coming years may also be accompanied by some ironing out of those issues.
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Revenue model needs to change
In the revenue sharing model, an investor who is investing in the port project should also get some comfort level in the initial years, says Umesh Grover, Group Executive Director, Shipping & Infrastructure, SKIL Infrastructure. There has to be a gestation period but as the cargo increases, the proportion of revenue share should also be increased.
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When we finally hit the target?
Missing Maritime Agenda targets has been the norm. But now, the Shipping Ministry is pushing the much needed expansion of its severely congested ports with some urgency, even as the new targets for the year have been announced. As major ports are losing their lure with investors,
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The UN is wrong
Can governments effectively control over the private sector and ensure foolproof PPP project planning and delivery? The environment community has a reason to say I-told-you-so. More people (estimated over 5,500) have died in the Uttarakhand disaster than in the 9/11 attacks.
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Exploring new options
The exploration capacities of PSUs and the state governments are almost utilised. Dilip Kumar Jena and Bhavesh Singhavi recommend why we should study the best practices in Canada and other mining-rich countries while engaging the private sector.