Road projects top the pecking order, states to upload data by March-end
Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months
"Even today, logistics cost is considered to be 13-14 per cent of India's gross domestic product, which is higher than other countries," Modi said.
Modi said it will also help boost exports and make MSMEs globally competitive.
Plan to develop 100 urban centres is unable to meet deadlines or fully use funds but keeps adding new projects to its list
With the appointment of three independent directors, sources said, the formation of full board would be completed
This favoured route for financing roads is gaining traction for other infrastructure projects but could result in unsustainable liabilities for the government
A lot will, however, depend upon capex execution in a time-bound manner
The PM GatiShakti plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects
India's Union Budget FY23's investment led push in infra sector is expected to usher in faster economic growth, ratings agency Crisil said
'The status of mega projects under the control of state governments is not available', says the author
'Through Gati Shakti, land-related problems can be resolved to a great extent', said Anurag Jain
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
As a statement of accounts, Budget 2022 makes for grim reading. But a strong emphasis on green growth may offer India the economic narrative it's been lacking
The Budget has pencilled in modest 6.0 per cent growth in revenue receipts, dampened by a contraction in non-tax revenues
If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors
Sitharaman has given infrastructure status to data centre and energy storage system, a move that will facilitate credit availability for digital infrastructure
The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country.
Industry players on Tuesday hailed the announcements for the infrastructure sector in the Union Budget and said the proposal to fund infrastructure through 'Gati Shakti' and public private partnerships will mark the escalation of economic prosperity. Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in Parliament. "One of the strongest parts of this Budget is the government's renewed commitment with its continued investment in strengthening the country's infrastructure. The proposal to fund infrastructure through PM Gati Shakti, Public Private Partnerships, etc. will mark the escalation of economic prosperity. "Overall, the budget seems to have given a booster dose to facilitate faster economic growth of the nation; roads is definitely one of the prominent sectors to get deserved focus through adequate funding," IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said. According to EY India Tax Partner Infrastructure Samir ..