Infrastructure

DFC projects capex up 21% on the year Commerce & Industry Minister Piyush Goyal has called for accelerated pace of work on the Eastern and Western Dedicated Freight Corridors (DFCs), the 2020-21 capital expenditure of which has increased by a...

AMRUT is funded through Central and State/ULB share Projects amounting to Rs.78,910 crores have been grounded under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Hardeep Singh Puri, Minister of State Housing & Urban Affairs told Lok Sabha on...

Major ports empowered to perform with greater efficiency The Tariff Authority for Major Ports's (TAMP) role has been redefined and empowered to fix tariff which will act as a reference tariff for purposes of bidding for Public Private Partnership (PPP)...

Budget 2021-22 recognises the need to modernise railways Plans to undertake future dedicated freight corridor (DFC) projects from Kharagpur to Vijayawada, Bhusaval to Dankuni and Itarsi to Vijayawada reinforces Government's attention to augmentation of rail freight transportation network was welcomed...

NRP for rail infra creation by 2030 The first phase detailed project reports will be undertaken for future freight corridor projects - namely the East Coast corridor from Kharagpur to Vijayawada, East-West Corridor from Bhusaval to Kharagpur to Dankuni and...

More economic corridors being planned Finance Minister Nirmala Sitharaman has listed out major projects that will be covered in the Rs.118,101 crore for Ministry of Road Transport and Highways under budget 2021-22 which was presented in parliament on 1 Feb...

Sitharaman launches 'National Monetization Pipeline" A Bill will be introduced to set up Development Financial Institution (DFI) which will act as a provider, enabler and catalyst for infrastructure financing with a lending portfolio of at least Rs.5 lakh crore in...

Housing got a big boost The healthcare got the highest priority in resource allocation and policy support including Rs.64,180 crore outlay under the Prime Minister Aatmanirbhar Swastha Bharat scheme from the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman...

DIAL to seek Rs.20bn lease financing Delhi International Airport Ltd (DIAL) has invoked a force majeure clause owing to the pandemic, allowing it to benefit from an interim stay on high revenue share payments to Airport Authority of India (AAI),...

PM Modi explains to global business leaders at WEF The Indian Government has invested US$150 billion in urban development during 2014-20 and is focused on sustainable urbanisation such as ease of living, ease of doing business and climate sensitive development,...