INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.
Tag: railway projects
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2017 | A riddle, wrapped in a mystery, inside an enigma
Every new year brings with it a new glimmer of hope, new growth opportunities for our economy, new possibilities of jobs, and positive expectations in the minds of everybody. But rarely does a new year bring with it so much suspense, so much enigma and therefore, so many imponderables, as it is doing in the year 2017.
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Cabinet nod for rail infra projects
Railway projects worth Rs.10,736 crore were cleared by the government for improving infrastructure in various states, including Uttar Pradesh and Gujarat that go to polls next year.
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Cost over-run of 1.07 lakh cr in railway projects: CAG
The Comptroller and Auditor General of India (CAG) has pointed out cost over-run of more than Rs.1.07 lakh crore in 442 ongoing projects of Indian Railways.
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Ministry to expedite clearance for 20 rail projects
Union Ministry of Environment and Forests is coordinating with concerned state governments to expedite forest clearance for 20 railway projects, which are delayed across various zones. Minister of State for Railways Adhir Ranjan Chowdhury said his ministry was pursuing these cases with environment ministry
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Delay raises cost of rail projects
Owing to cost overrun, the cost of railway projects across the country has risen from Rs 36,930 crore to Rs 91,902 crore. This is around 148 per cent rise in expenditure or about Rs 55,000 crore, reports indicate.
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Odisha CM asks for pacing up of railway projects
While reviewing the progress of different railway projects in the state on April 23 Odisha Chief Minister Naveen Patnaik has directed the State Revenue Department to expedite land acquisition for different railway projects to speed up their completion.Sources said land acquisition for 112 km Khurda-Balangir railway line (Khurda-Begunia-36 km and Begunia-Nayagarh from 36 km to 112 km) have been completed.
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Key railway PPP projects require Rs 800 bn
In order to implement various railway projects through PPP route, the sector may need investment of around Rs 80,000 crore.