As highway InvITs perform well and numerous digital and technology innovations push the infrastructure sector, Private sector participation in the PPP mode can push for fast-track growth of the Indian economy, says Nitin Gadkari, Minister of Road Transport and Highways in India. The dream of the Prime Minister is to make the Indian economy $5...
Tag: roads sector
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Remaking India
The infrastructure sector, with transportation at the forefront, is a key enabler, acting as no less than a spinal cord for any economy and India is no exception. The infrastructure sector can be referred to as a set of basic services, facilities and physical installations required for smooth functioning of quality life in a country.
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‘Exit norms for road projects can bring in funds, cut debt’
Infrastructure companies have welcomed the GovernmentÂ’s move to bring in flexibility in the roads sector, including revised norms that permit stake sale in projects right after commissioning. The move is expected to accelerate the rate of churn of projects, increase the size of disinvestment, bring about liquidity, aid in debt swap and infuse fresh equity into new projects. R Balarami Reddy, Executive Director, Finance, IVRCL said that the decision will help speed up the process of exits and giv
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Accord industry status to logistics: Experts
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.
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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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Partnership through duress
Our roads sector wants to go cool, and with good reason. Minister CP Joshi will be on Google Plus Hangout on 29 March; National Highways Authority of India (NHAI) has taken another step towards its private partners.
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Coordinated efforts among government, developers needed
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel. Private funding of infrastructure has become a mainstay of the Government of IndiaÂ’s policy towards infrastructure deveÂlopment.