India has signed a deal with the United Arab Emirates, allowing the Gulf nation to fill the countryÂ’s strategic storage facility in southern India.
Tag: Narendra Modi
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SCC roundtable on technology modernisation for safer and smarter city
With Prime Minister Narendra Modi’s vision of ‘Smart Cities’, the role of data and IT, especially video surveillance in enhancing security will become vital. Under the flagship “Safe City” project, the Union Ministry has proposed $333 million to make seven big cities—Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru and Hyderabad—focus on technological advancement.
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With the conducive environment, investor confidence will go up
Infrastructure is the backbone of any economy. But good infrastructure development needs good planning. Lack of planning is the biggest problem. China in comparison to India has shown better planning and flexibility while executing infrastructure projects. India has lagged behind due to its political system and populist outlook.
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Infra pulls and pushes in 2017
On paper, India´s infrastructure industry is poised for a phenomenal growth in 2017 with several trillion dollars worth of roads, highways, rail, airport and Metro projects simultaneously launched by Prime Minister Narendra Modi, a week before 2016 saw its last setting sun.
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Infra-vestment | Follow the Money
India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.
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By 2050, 60percent of India´s population will reside in towns
Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
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Emergent Gujarat
With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.
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Connectivity project approved for Left Wing Extremism affected areas
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved a Centrally sponsored scheme, ´Road Connectivity Project for Left Wing Extremism (LWE) Affected Areas´ to improve the rural road connectivity in the worst LWE affected districts from the security angle.
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Govt nod for International Solar Alliance
The Centre has given ex post facto approval to the proposal of the Ministry of New & Renewable Energy for ratification of the International Solar Alliance´s (ISA) Framework Agreement by India.
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India Unbound
Make in India (MI) is not a government programme, beyond the terms of facilitation that any Union government can provide to boost industrial growth (in the manufacturing sector). This has been done through an invitation of policy changes to create interest and investment to meet the inevitable growth trajectory in business processes.