Page 17 - India's Infrastructure

PM Modi reviews projects worth Rs 44,545 crore in 'Pragati' meeting

Prime Minister Narendra Modi Wednesday reviewed projects worth Rs 44,545 crore in 12 states as he chaired the 36th 'Pragati' meeting. During the meeting, he also reviewed the programme for elimination of single use plastic, a Prime Minister's Office statement said. In the meeting, 10 agenda items were taken up for review including eight projects, grievance relating to one scheme and one programme, it said. Among the eight projects, three were from the Ministry of Road Transport and Highways, two from Railway Ministry, one each from Ministry of Power, Ministry of Petroleum and Natural Gas and Ministry of Home Affairs. These eight projects, with a cumulative cost of about Rs 44,545 crore, pertained to 12 states -- West Bengal, Assam, Tamil Nadu, Odisha, Jharkhand, Sikkim, Uttar Pradesh, Mizoram, Gujarat, Madhya Pradesh, Bihar and Meghalaya, the PMO said. The prime minister expressed concern over delay in execution of some of the projects, and directed the officials concerned that al

A long jump for IIFCL as DFI tag to support financial needs, growth

Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations

Focus on infra spending in Budget to boost petrochemicals demand: Govt

The government on Tuesday said it expects more demand for petrochemicals like polymers and speciality chemicals in the country due to increased emphasis on infrastructure spending in the Budget

Understanding the zero-sum game of the new agriculture infra cess

While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain

Beware! These risks may halt the current bull-run in the markets: Analysts

FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run

How a giant collapsed

The story starts 30 years ago, when former Citibanker, Ravi Parthasarathy , IL&FS' chief, set up the company to beef up India's infrastructure-building capabilities.

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021 can be a turning point in India's socialist orientation

The government focuses on developing infrastructure, dares to gamble on deficit.

Road & highway construction firms rally up to 13% on infra push in Budget

The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways

Focus on extending Covid help, invest in infra: IMF's Gita Gopinath

Says agri laws have potential to increase farmers' income

NIIF equity investments average less than Rs 1,000 cr in past 5 years

NIIF has invested of Rs 4,689 cr since December 2015 inception, while the co-investment by its partners stood at about Rs 7,053 crore at the end of September 2020

Budget 2021-22 wishlist: Here are the key challenges in retail sector

Inadequate physical, digital infrastructure affecting efficiencies in supply chain management

System strengthening: Northeast states lead in power supply infra push

Under system strengthening, which entails construction of last mile power supply infrastructure, the physical progress is 86 per cent in the region

Covid vaccination drive: India well prepared to store, distribute vaccines

India has about 29,000 cold chain points, 1.6 million shipper boxes, 76,000 cold chain equipment, 700 reefer vans and 55,000 cold chain handlers

FM reviews progress of projects under national infrastructure pipeline

Finance Minister Nirmala Sitharaman reviewed the progress of projects worth Rs 3.6 trn under the national infrastructure pipeline

NCC bags 15 new orders worth Rs 8,980 crore from govt agencies in December

Infrastructure firm NCC on Friday said it has received 15 new orders worth Rs 8,980 crore in December from government agencies

Best of BS Opinion: Street signs for 2021, infra projects, and more

Here are the top Opinion pieces of the day

442 infrastructure projects show cost overruns of Rs 4.34 trillion

As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 trillion

US financial body to invest $54 mn in India to support infra projects

An American financial corporation has announced to invest USD 54 million in India to support the development of critical infrastructure projects in the country in the wake of the COVID-19 pandemic

National security, religion present new challenges to India's environment

Security and religion may become additional vetoes on climate change action