Page 15 - India's Infrastructure

Need to bridge global infra funding gap: FM Sitharaman at G20 meet

Finance Minister Nirmala Sitharaman on Friday emphasised the need for bridging the infrastructure funding gap and developing innovative financing mechanisms for an inclusive growth in the sector.

Budget push for infra should make Indian cities resilient to climate change

In her budget speech, finance minister Nirmala Sitharaman asked 'to nurture megacities and their hinterlands so that they become current centres of economic growth'

Budget 2022: 'Push to infra to have multiplier effect on core sectors'

This is likely to have a multiplier effect on the core sector industries like steel and cement, and in turn give a to boost the domestic refractory industry, IRMA said in a statement

Budget 2022 expectations: Infra boost to bring Atma Nirbharta, says industry

Infrastructure is the backbone of a modern economy. Take a look at what the infrastructure sector expects from Union Budget 2022

Gadkari calls for cooperation between Centre, states for infra development

Nitin Gadkari on Monday called for cooperation between Central and state governments for infrastructure development in the country

144 central infra projects had delays in FY22; cost overrun at Rs 14,960 cr

Statistics Minister Rao Inderjit Singh informed Parliament

Infra development in J&K got big push post abrogation of Article 370: LG

Infrastructure development in Jammu and Kashmir got a big push after the abrogation of Article 370 due to the dynamic leadership of Prime Minister Narendra Modi, Lt Governor Manoj Sinha said on Wednesday. Sinha was speaking at a function where Union Minister of Road Transport and Highways Nitin Gadkari laid the foundation stone of 25 National Highway projects worth Rs 11,721 crore in Jammu and Kashmir. After 2014 and especially after the abrogation of Article 370, the execution of new roads, tunnels and other basic Infrastructure has gained momentum to ensure the overall development of J&K under the dynamic leadership of Narendra Modi," Sinha said. The LG noted that the speed of construction of new roads across Jammu and Kashmir has increased under the guidance of Gadkari. Noting that roads are now being built at twice the speed as before, the Lt Governor said there has been a radical change in its progress under Pradhan Mantri Gram Sadak Yojana. "Last year, 2,402 km of roads were

Nearly 65% of infrastructure projects delayed by Covid-induced lockdowns

Of these projects, 438 reported cost overruns and 218 had both time and cost overruns, showed a flash report on central sector projects released by MoSPI

438 infrastructure projects show cost overrun of Rs 4.3 trillion

As many as 438 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns

Big push to infra, education, healthcare needed for sustainable growth: Das

Shaktikanta Das on Wednesday underlined the need for a big push to infrastructure investment, education and digital economy to achieve sustainable growth and generate jobs in smaller cities.

India facing new war paradigm on borders: Rahul on China's infra ramp up

India is facing a new war paradigm on its borders and ignoring it won't work, Congress leader Rahul Gandhi said on Tuesday, citing a media report on China ramping up its border infrastructure.

Gadkari along with other Union ministers discuss ways to develop infra

Road Transport and Highways minister Nitin Gadkari along with other Union ministers on Tuesday discussed various issues related to infrastructure development

Rahul Gandhi upset that India earning Rs 6 trillion: BJP hits back

The BJP on Tuesday cited the previous Congress government's efforts to monetise different assets to wonder if the party was then trying to "sell" the country

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

Growth optimism: Will govt's own investment and exports be enough?

A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the govt seems to have bet on just two, writes T N Ninan

ABL Indira JV bags Rs 350 cr project to upgrade police infra in Maldives

ABL Indira Projects on Tuesday said it recently signed a contract worth Rs 350 crore with the Maldives Police Service.

479 infrastructure projects show cost overruns worth Rs 4.4 trillion

As many as 479 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.4 trillion, according to a report

Excise duty on fuel calibrated to generate resources for infra: FinMin

The excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure keeping in view the prevailing fiscal situation

Our vision is to build quality infrastructure in Varanasi: PM Modi

PM Narendra Modi shared details of many projects he will inaugurate there and asserted that his government's vision is to build quality infrastructure in the holy city for the coming generations.

In first meet, new Cabinet approves Rs 23,123-crore Covid-19 fund

The Union cabinet Thursday approved a Rs 23,123-crore package for improving health infrastructure to fight COVID-19 as part of which around 2.4 lakh medical beds and 20,000 ICU ones would be created with a special focus on paediatric care. Addressing a press conference here after the first meeting of the Union cabinet following its reshuffle on Wednesday, Health Minister Mansukh Mandaviya said the package will be implemented over the next nine months till March 2022. The meeting was chaired by Prime Minister Narendra Modi. Mandaviya said this is the second phase of the Emergency Response and Health System Preparedness Package as the Central government had given Rs 15,000 crore earlier for setting up Covid-dedicated hospitals and health centres across the country. Under the new package, the Centre would provide Rs 15,000 crore and states Rs 8,123 crore, and the plan would be implemented jointly by them across all the 736 districts to improve medical infrastructure at primary and ...