Singh said that amid talks of slowing global economy, highways sector has the potential to revive growth citing how the US survived economic depression
Experts believe the corporation tax rate cut announced by the govt recently may not be able to perk up corporate earnings in Q2. Listen to this podcast for the slowdown signs visible across sectors
This is the first time that the government will list out specific projects from the private sector as part of its responsibility to get them going
Here's a selection of Business Standard opinion pieces for the day
With an aim to accelerate and enhance flow of long-term debt in infrastructure projects, amendments in the tax laws were made to provide exemption from income tax to infrastructure debt funds in 2011
The meeting came in the backdrop of India's gross domestic product growth slumping to six-year low of 5 per cent in the April-June quarter
The representatives of the infrastructure sector expressed their issues and concern to the finance minister during the meeting
While some directions are laid out, the crucial issue of funding is left unaddressed
The momentum is expected to remain, with the strong order book of companies and improving execution
In the absence of BOT, the government will have to do heavy lifting in terms of spending and private sector participation to that extent will get diminished
The expansion in the electricity generation was 4 per cent in June compared to 2.2 per cent in the same month of the last fiscal
This is the lowest growth rate since July 2017 when infrastructure industries had expanded by 2.9 per cent
From FY13 onward, there has been a decline in the infrastructure sector investments
Having burnt their fingers with PPP model of build operate transfer in the past, larger companies have been cautious in choosing projects
The expected loss quotient would be worked out through a combined rating approach
Gadkari said steps were underway with target for execution of works worth Rs 25 lakh cr in 5 years