The government would clear bottlenecks hindering implementation of over 340 projects, including 125 new projects, Panning Commission Deputy Chairman Montek Singh Ahluwalia informed. These projects are struck mainly because of lack of regulatory clearances, shortage of fuel, land acquisition problem etc. These issues need to be addressed at political levels, he said
Tag: Planning Commission
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Planning Commission faces flak for delays in road sector
Planning Commission has reportedly been criticised by members of the parliamentary committee on road transport for causing delay in decision making by NHAI and the Union Highways Ministry by raising objections to contract conditions.
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Policy: A welcome move, but
We should guard against the risk of viewing the mere constitution of a regulator as a panacea for all the problems facing the sector, writes S Nandakumar.
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Ministry to discuss setting up of regulator
Union road ministry would soon discuss the proposal to form a regulator for the road and transport sector. After internal discussion, the road ministry would approach the cabinet for approval. The initiative in this regard is restarted in the wake of the recent move by some private companies exiting the projects on account of delay in
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NHAI blamed for encouraging irresponsible bids
One of the reasons for companies like GMR and GVK walked out of big-ticket road projects is that the companies are over-leveraged, said Gajendra Haldea, Infrastructure Advisor to Planning Commission Deputy chairperson Montek Singh Ahluwalia. The bureaucrat's statement comes in days after infrastructure majors GMR and GVK walked out of road projects.
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AAI look for foreign players for Kolkata, Chennai airports
For operating and maintaining Kolkata and Chennai airports, the Airports Authority of India (AAI) has finally initiated the process to rope in foreign companies in line with the recommendations of a Planning Commission task force.
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Contract opportunities in coal handling equipments
There is tremendous scope for contract opportunities in coal material handling equipments because of rising demand for coal. The Planning Commission expects the country's coal demand to rise to 1,000 million tonne (mn t) by 2016-17. Following are some contract opportunities coal handling equipments.
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IIP grows -0.1% in November
The Index of Industrial Production (IIP), which measures output in mining, manufacturing and electricity sectors, contracted 0.1 per cent in November 2012 as against 6 per cent growth in November 2011. In October 2012, the index grew 8.3 per cent on the back of increase in output during festive season. The man
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Road projects in limbo
Slow progress in project execution coupled with subdued interest in bidding for new projects under current policy frame may give alternative option to call for revaluation or fresh bids for already allocated road projects. In order to avert this situation, a Performance Review Unit (PRU) proposed by the Planning Commission needs to be endowed with power to gather information from nodal agencies on clearances and incentivise or to regulate, writes Sumantra Das.
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Innovative means to infra finance
Over the past few years, the government has changed its policy strategy from establishing institutions to creating mechanisms. Innovative methods can unlock financial potential better for the infrastructure sector, writes Dhruba Purkayastha. The much-hyped one trillion dollar investment required for infrastructure sector in India has been publicised well by the government as a huge investment opportunity.