Prime Minister Narendra Modi has reviewed the progress of key infrastructure sectors, including roads, railways, airports, ports and coal.
Tag: Narendra Modi
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Big data complements India’s Smart Cities Mission
In an exclusive, PP Chaudhary, Minister of State, Ministry of Electronics and Information Technology, Government of India, says that the Centre is planning three IT and electronics regions, which will create direct employment opportunities for 12 lakh youths.
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Timely Fixes
Historically, infrastructure projects in India have been funded on a mix of debt and equity. The current trends suggest so. Over the past 15 days, as many as three initial public offerings-IRB, HUDCO and PSP Projects - have hit Dalal Street, raising more than Rs 6,000 crore, a testimony to the fact that the bond market is gaining pace after the 2008 turmoil.
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We can’t shy away from PPPs
PR Jaishankar, Chief General Manager, India Infrastructure Finance Company Ltd (IIFCL) says that old models of development financing need a complete overhaul. He feels while development financing still holds relevance, it needs to be viewed in the context of the dynamic needs of the emerging environment.
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Haldia Port tops list in ranking on sanitation parameters
The Shipping Ministry has taken initiatives for sustainable, environment friendly, long-term development of ports during the ‘Swachhta Pakhwada’ scheme.
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India emerges as favoured destination for Bangladeshi investment
Effective and fast-track implementation of decisions taken by the governments of India and Bangladesh has resulted in enhancement of trade and investment between the two nations, said Veena Sikri, Former Ambassador of India to Bangladesh, at a FICCI seminar on ‘Doing Business with Bangladesh’.
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Cabinet approves development of 50 un-served and under-served airstrips
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal for revival of 50 un-served/under-served airports/airstrips of the state governments, Airports Authority of India (AAI) and civil enclaves in three financial years starting from 2017-18.
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Bonding with the Best
With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.
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Areef Patel, Vice-Chairman, Patel Integrated Logistics Ltd
The logistics sector generates mass employment and is a key revenue earner for the government. In order to improve the competencies of the logistics sector, the Goods and Services Tax (GST) should be implemented without further delay, which could result in potential savings of around $200 billion and lead to streamlining of the taxation structure and reduce inventory maintenance costs.
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India signs pact with UAE to boost strategic oil reserves
India has signed a deal with the United Arab Emirates, allowing the Gulf nation to fill the country´s strategic storage facility in southern India.