With the government consolidating its fiscal position, Planning Commission Deputy Chairman Montek Singh Ahluwalia urged private sector to contribute no less than 50 per cent of the estimated investment in infrastructure in the 12th five year plan (2012-17). It may be noted that the government estimated $1 trillion investment in infrastructure during this period. Ahluwalia said there are zero prospects of the gove
Tag: private
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Karnataka govt seeks nod for 11 rail projects
In a letter to Railways Minister PK Bansal, Karnataka Chief Minister Jagadish Shettar requested approval for 11 new railway projects for the state. He informed the minister that the state government has already conveyed its willingness to provide land free of cost and share the cost of construction of the projects on a 50:50 basis. These projects include Tumkur-Kunigal-Maddur; Tiptur-Dudda; Gada
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Railways to attract Rs 50 bn pvt capital for port linking project
In the next five years, Indian Railways plans to improve rail connectivity to ports across the country by attracting private investment of around Rs 5,000 crore. The plan is expected to address bottlenecks in rail linkage to key ports in the country. In this regard, the railw
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Former minister calls for pvt investments in infra sector
Former Minister of State for Urban Development Sougata Roy remarked that land acquisition is not the only problem in infrastructure projects. He said this while pointing out the need for private sector participation for financing the projects. Addressing a seminar on infrastructure development in the eastern and north-eastern states organised by the Beng
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Cabinet clears models for rail link projects in ports
Union cabinet has cleared the five models proposed by Indian Railways for setting up rail infrastructure in ports set up through private investment in the country. The five models include non-Government Railway, joint venture with equity participation by Railways, capacity augmentation through funding by customers, BOT and BOT (a