-The Hindu Public private partnership (PPP) is the only way out, Ministry tells parliamentary panel New Delhi: Even with an annual capital expenditure of about ?1.6 lakh crore for the Railways — which is the highest-ever — it will take decades to complete the sanctioned projects, the Ministry of Railways told a parliamentary panel on Monday, adding that public private partnership (PPP) is the only way out. The Ministry told the Standing Committee...

-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...

-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...

-Mongabay.com * In three years, India’s environment ministry approved diversion of over 20,000 hectares of forest land for developmental projects like mining, thermal power plants, irrigation, road and Railway Projects across India. * Telangana, Madhya Pradesh and Odisha together account for over 62 percent of the total forest land diverted during this period. * Diversion of forests for non-forestry projects has always been a contentious issue in India especially in light of poor...

-Mongabay.com * December 2018 is the official deadline for the land acquisition for the bullet train project but till now not even one percent of the required land is acquired. A court case is already going on in the Gujarat High Court against the land acquisition process undertaken by the Gujarat government. * Despite documents showing that the project has the potential to cause social conflict and have adverse environmental impacts, the...