The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the continuation and revamping of the scheme for financial support to public-private partnerships (PPPs) in the infrastructure viability gap funding (VGF) Scheme till 2024-25 with a total outlay of Rs 81 billion.
Tag: Viability Gap Funding
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Viability Gap Funding to support infrastructure projects worth Rs 2,750 crore
Viability Gap Funding, which has been provided a budgetary support of Rs 550 crore, will support projects worth Rs 2,750 crore towards infrastructure building in 2017-18. VGF was Rs 1,000 for the current fiscal.
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Most complex tax regime by far
The macroeconomic aspects of GST havenĂ´t been taken into account. If the government says that it will collect more revenue, then that means that prices will have to rise because itĂ´s an indirect tax. If prices rise, then industrial output would tend to stagnate or decline.
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Tracking RailwaysĂ´ Performance
Indian Railways has long been groaning under its own weight. How much longer will it be before the government can turn things around? Indian Railways, or Imperium in imperio, as the giant lifeline of India
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Rs 100 bn sea link project finds no taker
Despite the 20 per cent viability gap funding offered by the government, no private player is ready to bid for the 22-km trans-harbour sea link road project connecting New Mumbai to Sewri. This is because infrastructure developers feel that the Rs 10,000-crore project is unviable as it involves high finance costs and lack of liquidity
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Case study: Lessons from Vietnam
After years of treading cautiously and failed attempts at PPP, Vietnam finally seems determined to push the envelope. To fund its first ever PPP project that will connect two major cities along an industrial corridor on the east coast,
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Sometimes, it’s good for India Inc to be India Outbound
Vietnam is the latest entrant in the PPP marketplace, thanks largely to World Bank's guidance. Kamran M Khan, Programme Director at Global Infrastructure Finance Centre of Excellence at World Bank-Singapore Urban Hub,
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Fee-sharing mechanisms should be encouraged to push takeout finance
Takeout financing should be one of the key channels for financing infrastructure projects, wherein, certain sectors like power do have sector exposure issues with the banking sector,
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mprove PPP structure | Budget 2013-14
Besides the need for enhancing capacity which is being met through major capital works like the DFC project, investment in rolling stock, providing improved terminal access, and improvements and investment in the last leg connectivity between the rail network and the cargo loading and unloading points are likely to be key areas that will need to be addressed through various policy initiatives of the Railways.
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Rs 1,920 cr sanctioned for Mumbai Trans-harbour link
The Union Finance Ministry has sanctioned viability gap funding of Rs 1,920 crore for the Mumbai trans-harbour link, the Mumbai Metropolitan Region Development Authority (MMRDA) has said. The project, estimated to cost Rs 9,630 crore, will be implemented on public-private partnership mode. The construction period will be for five years.