PPP in infrastructure gets a big push
10 years, 8 months ago

PPP in infrastructure gets a big push

The Hindu  

Pointing out that public private partnership has delivered iconic infrastructure like airports and highways, Union Finance Minister Arun Jaitley on Thursday maintained a steady focus on PPP in his maiden Budget for 2014-15, announcing a number of steps to fast-track such projects in several areas. The stamp of ‘Modinomics’ could not be missed in favouring the PPP route for development as the BJP’s manifesto and Prime Minister Narendra Modi rooted for it to help create world-class infrastructure in the country. The favoured PPP route ran like a common thread in Mr. Jaitley’s speech when he touched upon sectors such as urban renewal, urban transportation, real estate and gas pipelines. Sounding a note of caution, Mr. Jaitley said: “But we have He reiterated the government’s commitment towards improving infrastructure in all sectors including roads, port, airports, railways, urban, rural and industrial infrastructure besides ensuring adequate flow of funds and financing of projects.

Infrastructure Develop Ppp Big Push Mr Jaitley  ppp  urban  minister  gas  gets  development  big  push  airports  infrastructure  develop  mr  jaitley

History of this topic

State government betting on executing medium-to-large infra projects in PPP mode
2 months ago

State government betting on executing medium-to-large infra projects in PPP mode

The Hindu  

The Tamil Nadu government is betting big on executing medium-to-large infrastructure projects under public-private partnership model to achieve its ambitious target of a $1-trillion economy. Tamil Nadu is also looking to implement big infrastructure projects under the PPP mode. Smaller projects under the PPP model, such as the Bio-CNG initiatives valued at around ₹20 crore, along with larger projects such …

Improving PPP strategies for municipal infrastructure
3 months, 2 weeks ago

Improving PPP strategies for municipal infrastructure

Hindustan Times  

This brief assesses the evolution and advantages of the PPP model globally and in India, as well as the current criticisms and consequent calls for re-municipalisation. The World Bank defines PPPs as a “mechanism for government to procure and implement public infrastructure and/or services using resources and expertise of the private sector.” The PPP model rests on the acknowledgement of …

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended
1 year, 2 months ago

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended

Deccan Chronicle  

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore …

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report
2 years, 4 months ago

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report

The Hindu  

A new World Bank report estimates that India will need to invest $840 billion over the next 15 years— that is an average investment of $55 billion per annum— into urban infrastructure to effectively meet the needs of its fast-growing urban population. This is at a time when Public Private Partnership transactions for urban infrastructure in India have registered a …

PPP projects herald growth of major ports, says Shripad Naik
2 years, 7 months ago

PPP projects herald growth of major ports, says Shripad Naik

The Hindu  

Public-private partnership projects have heralded the growth of major ports in the country as it has helped create new infrastructure, improve utilisation of assets, and enabled national ports to compete with international ones, said Union Minister of State for Ports, Shipping and Waterways Shripad Y. Naik. In his virtual address at the regional PPP conclave at New Mangalore Port on …

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years
3 years, 10 months ago

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years

News 18  

The Centre is giving utmost priority to the development of infrastructure and has set a target of road construction worth Rs 15 lakh crore in the next two years. The Minister was confident that his ministry will achieve target of 40 kilometres per day of highways construction in current fiscal, saying “the government is permitting 100 per FDI in road …

How metro rail networks are spreading across India
7 years, 8 months ago

How metro rail networks are spreading across India

Live Mint  

New Delhi: The metro rail network in the country is increasing with the mass rapid transit system emerging as one of the best solutions for urban transportation. Even as eight metro rail networks covering a length of 370 km are operational in the country, over two dozen more projects are lined up. In the last three years, from 2014-2017, the …

Infrastructure gets the much needed push
9 years, 1 month ago

Infrastructure gets the much needed push

The Hindu  

Finance Minister > Arun Jaitley on Monday announced a record budgetary allocation of Rs. Elaborating on the legacy problem in the roads sector that his government had inherited, Mr. Jaitley said about Rs.1 lakh crore worth road projects had got stalled. “I am happy to announce that our efforts have put back on track 85 per cent of these stalled …

Prescription for Economic Growth
10 years, 1 month ago

Prescription for Economic Growth

New Indian Express  

With a requirement of over $1 trillion for the 12th plan period, changes will have to be quick and effective at all levels to boost the infrastructure sector. The money of lenders is stuck too and they are apprehensive about lending any further,” says Vishwas Udgirkar, infrastructure expert at Deloitte, adding that unless a boost is given to the financial …

PPP route likely to fund new A.P. capital
10 years, 7 months ago

PPP route likely to fund new A.P. capital

The Hindu  

The Sivaramakrishnan Committee Report on the Indicative Andhra Pradesh Economic Development Package for the new State capital has estimated that only a quarter of the Rs 4.5 lakh crore required is expected from the Centre by 2022. Besides funding for certain iconic infrastructure, the Centre may pump in viability gap funding for most of the PPP projects in the State. …

Revamping the PPP framework
10 years, 8 months ago

Revamping the PPP framework

The Hindu  

In both the railway budget and the general budget, the BJP-led NDA government has made it clear that Public Private Partnership is the preferred mode for driving major infrastructure development projects. This ‘Triple-P’ mode was a common thread in Mr. Jaitley’s speech as he went through several proposed initiatives of the Modi government in sectors such as urban renewal, urban …

Roads, rent and slow growth
11 years, 4 months ago

Roads, rent and slow growth

Live Mint  

By now it is normal to see the Indian government constitute an enquiry or set up a commission whenever a scandal surfaces or a calamity befalls the country. Three years on, with the economy weakened, with corporate India humbled, with civil servants terrified of signing off on almost anything, one can safely say that CAG’s 2G report marks a watershed …

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