NPCI falls into the category of financial market infrastructure. Our infrastructure is not visible to the naked eye. The financial market infrastructure, however, is huge. Within this, NPCI plays the role of a payments utility. We are like a utility to the banks wherein we facilitate over 25 million payments transactions daily.
Tag: NHAI
Post
Post
Highways Min eyes ´masala´ bonds to fund road projects
The Road Transport and Highways Ministry and its road building arm, NHAI, are weighing the option of raising money through ´masala bonds´ as road construction activity gathers pace.
Post
NHAI awards Rs.2,640 cr road projects in Gujarat
To connect important religious and tourist places in Gujarat, four road projects worth Rs.2,640 crore have been awarded, NHAI has said. ´Two hundred and fifty six km long Bhavnagar to Somnath section of NH-8E (New NH-51) is an important link to connect religious
Post
Rs.2,000-cr corpus for better road design
To curb accidents on national highways, the Centre will launch a new scheme ´Pradhan Mantri Surakshit Sadak Yojana´ to get rid of black spots on highways.
Post
Guj to get Rs.2 lakh cr for infra | Gadkari
Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said.
Post
Funds raised by NHAI
The government has permitted borrowing of Rs.59.279 crore by NHAI during 2016-17 as IEBR. NHAI plans to raise Rs.5,000 crore through capital gains bonds and `50,000 crore through taxable bonds or other similar instruments
Post
The road to safety
With a population of over a billion people, it's no surprise that fatalities from road accidents in India amount to little more than just statistics. Sometimes, though, a single death makes a difference and plunges an entire nation into grief.
Post
Engineers’ edge
He pointed to the church he probably attended every Sunday as a boy, growing up in a small town in Pennsylvania in the US. His fingers moved across the screen of his mobile phone, as he flicked over the live images one after the other, pointing out a few more landmarks from his home-town.
Post
Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
Post
On the road to growth
The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.