The Rs 20 trillion economic revival package announced on Monday by Prime Minister Narendra Modi ranks among the most substantial in the world relative to the country’s GDP. Of the five pillars identified to support the edifice of a New India, infrastructure forms the second pillar.

The Rs 20 trillion economic revival package announced by Prime Minister Narendra Modi is among the most substantial in the world. Of the five pillars identified by Modi to support the edifice of a New India, infrastructure occupies the second place.

The National Highways Authority of India (NHAI) had expected to construct about 500km of roads in March, but that could not happen after the COVID-19 pandemic forced a nationwide lockdown.

Meanwhile, after coming to power in 2014, though the National Democratic Alliance (NDA) understood the enormity of the problem it decided to make do with engineering, procurement, construction (EPC) as a stop-gap measure.

Driven by strong growth in medium and heavy commercial vehicle (M&HCV) along with an increase in the wholesale price index (WPI), toll collections are likely to witness significant growth in FY2020.

While the interim budget for the financial year 2018-19 was comprehensive albeit with an emphasis on farmers and tax payers, it continued the emphasis on infrastructure development with an outlay of over $ 66 billion aiming to propel the economy into a $10 trillion economy.

Sitting in his sea-facing room, Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affairs MoHUA

A greenfield smart city is a clean-slate approach towards urban growth, something that helps prepare for a new future. Two main issues that need to be addressed today a comingofage population that needs employment, and a place for them to live while they work.

Growth in corporate revenue – excluding that of banking, financial services & insurance and oil companies – is likely to print at ~9% on-year for the fourth quarter of fiscal 2018, CRISIL Research’s analysis of over 400 companies, which account for 65% of the market capitalisation of the National Stock Exchange shows.