Projects

A competitive framework proposed to give consumers alternatives Finance Minister Nirmala Sitharaman has proposed an outlay of Rs.305,984 crore over five-years for a revamped reforms-based result-linked power distribution sector scheme expressing her concern about the viability of the DISCOMS network....

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...

New technologies: 'MetroLite' and 'MetroNeo' A new Rs.18,000 crore scheme will be launched to support augmentation of public bus transport services in Urban Areas by facilitating deployment of innovative PPP models to enable private sector players to finance, acquire, operate...

Sitharaman announces a policy of strategic disinvestment The government aims at making use of an estimated Rs.175,000 crore receipts from disinvestment proceeds in BE 2021-22 to finance various social sector and developmental programmes and also to infuse private capital, technology...

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...

Govt to provide $26bn incentives through PLI India needs substantial investments to the tune of US$260 billion every year to meet its sustainable development goals (SDGs) by 2030, said Amitabh Kant, CEO, NITI Aayog, assuring that the national institution is...

Indo-French Environment Year launched India can motivate many many countries in the field of sustainable development, said French Minister for Ecological Transition Barbara Pompili who launched the Indo-French Year of the Environment in New Delhi on 28 Jan 2021. She...

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),...