-The Economic Times NEW DELHI: Big-ticket investment projects worth Rs 1.1 lakh crore, stuck for years for want of myriad government clearances, have finally got the green signal to start operations. The Centre has unravelled last-mile hurdles holding up 28 such projects at a time Prime Minister Manmohan Singh has identified the government's primary task as reinvigorating confidence in the Indian economy, with domestic players having virtually abandoned fresh investments. The clearances would...
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Govt to start new infrastructure projects: PM
-PTI The Government will kick-start a number of new infrastructure projects including 8 new airports and two new sea-ports in the coming months to boost sluggish economic growth, Prime Minister Manmohan Singh said on Thursday. With economic growth slowing to a decade low of 5 per cent, the Congress-led UPA government has further opened the economy to foreign direct investment and now wants to use investments for returning to high growth...
More »Government plans fresh impetus to 'public-private partnership' to push growth -Yogima Seth Sharma
-The Economics Times NEW DELHI: The government plans to give a fresh impetus to public-private partnership by overhauling the framework for such projects on the basis of a study being undertaken by the Planning Commission, which is likely to submit its recommendations within a month. The move comes after a few big PPP projects in infrastructure sector fell apart while those in the Power Sector have been struggling to sail through. "We...
More »Origins and reining in of sand mafias-Manoj Misra
-Down to Earth blog Simply put, the sand mafias originated because the sand business is low investment, low risk and high returns, notwithstanding few roadblocks like Ms Durga Shakti Nagpal or the media taking up her cause as a cause celebre! For they know well that with raw material (sand) in easy reach and end user (realty sector) little bothered wherefrom or legality of the ware, business as usual, no matter, shall...
More »Bonded Labour System still a reality -Urmi A Goswami
-The Economic Times NEW DELHI: After losing her husband to an illness, Jeyanthi (name changed) was forced to step in as the bread earner for her six young children. With no education, work was hard to come by for her, and existence was at bare subsistence levels. Jeyanthi got by, working as a casual labourer; and as her sons became older, they too pitched in. Life was to take a nastier...
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