-The Times of India NEW DELHI: The government plans a mega push to the crucial road sector and has raised the target to award projects to 10,000 km in the current financial year as well injecting up to Rs 4,000 crore to complete projects stalled due to lack of funds. The plan, which is being steered by Prime Minister Narendra Modi, also includes the move to allow private developers to exit projects...
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Right reasons to get hitched -TV Somanathan and Gulzar Natarajan
-The Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...
More »First lot of rescue for road builders-Mansi Taneja
-The Business Standard NHAI approves Rs 6,000 cr of premium deferment for 9 projects, on basis of March guidelines In a major relief to road developers, the National Highways Authority of India (NHAI) has approved deferment of premium worth Rs 6,000 crore for nine projects, including those of Larsen & Toubro and Reliance Infrastructure. The board of NHAI met on Friday and gave a final approval to the nine applications, said a senior...
More »Transport troubles-Brijeshwar Singh
-The Business Standard This report believes in demanding more, and cares little for inflation. It could have kept budgetary constraints in better focus and thrown more light on carbon-reducing innovations Fans of Rakesh Mohan reports will love this leviathan of a report. With 1,220 pages spread over three volumes, the report of the National Transport Policy Development Committee takes at least a week's effort to read. The analysis is in the second...
More »PMO pulled out all stops to weaken eco, forest norms-Nitin Sethi
-The Hindu Some changes were ordered on the direct instructions of the Prime Minister The Prime Minister's office has repeatedly ordered and orchestrated dilution of environment and forest clearances in order to fast-pace industrial projects, documents with The Hindu show. In a series of orders and missives sent to the Union Environment and Forests Ministry over 2012-2013, the PMO instructed that regulations and norms had to be diluted or done away with. These...
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