The government has announced a massive investment in IndiaĆĀ“s ports sector, which is likely to boost the countryĆĀ“s economy. The government has massive plans of developing ten coastal economic regions by reviving the countryĆĀ“s Sagarmala (string of ports) Project.
Tag: Planning Commission
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Urban infrastructure: Challenges in India
Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of IndiaĆĀ“s gross domestic product.
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Land Acquisition Ordinance: Legality & impact on infra
The amended Land Acquisition, Rehabilitation and Resettlement Act, 2013, will help shorten project timelines and drive development, feels the business community.
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FinMin rejects Cochin Port demand for interest waiver
The Finance Ministry and the Planning Commission have rejected the Union Shipping MinistryĆĀ“s proposal to waive Rs 715 crore of penal interest due from Cochin Port Trust (CPT) on a Rs 258-crore loan.Of the total penal amount of Rs 729 crore, the government could have forgone Rs 715 crore.
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Rs.5.7 lakh cr for stalled projects
The Planning Commission has told Prime Minister Narendra Modi that additional funds of Rs 5.7 lakh crore will be required to complete 738 Central projects in various infrastructure sectors. Almost Rs 5.6 lakh crore has already been expended on these projects.
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FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.
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Water: The challenge to India's development
It is now becoming paramount for the nation to invest in infrastructure, maintenance, revamp the effectiveness of water utilities and plan for a 24/7 safe water delivery strategy in all cities
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Metro Rail: Glamour meets utility
A round 2.5 million passengers use the Delhi Metro everyday that has an operational distance of 190 km with an aim to touch 400 km by 2021. "Despite the metro expanding across cities, the pace of metro expansion is inadequate
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Matching the mismatch
IDFs play a vital role as investment vehicles that can be sponsored by NBFCs and commercial banks in India. Shrikanth S writes on how IDFs are correcting the asset-liability mismatch, and also help advance loans for fresh infrastructure projects. The urgent need to improve infrastructure prompted the Indian Planning Commission to estimate infrastructure spending in the 12th Five Year Plan (2012-17).
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Cabinet committee on transport
The Planning Commission is firming up a proposal for setting up a Cabinet committee on transport. A decision will be taken only by the new Planning Commission, which will be constituted after the April-May general elections. The proposal is partly based on the recommendations of the National Transport Development Policy Committee, chaired by Rakesh Mohan.