Page 2 - Infrastructure

'Infra projects expected to route through PM GatiShakti's NPG after Apr 1'

The PM GatiShakti plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects

Frontloading infra sector spend could bring faster growth: Crisil

India's Union Budget FY23's investment led push in infra sector is expected to usher in faster economic growth, ratings agency Crisil said

Time to focus on project execution

'The status of mega projects under the control of state governments is not available', says the author

Budget 2022: Gati Shakti to take states on board, says DPIIT Secretary

'Through Gati Shakti, land-related problems can be resolved to a great extent', said Anurag Jain

Budget 2022: Emphasis on asset creation over direct income enhancements

The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics

Focus on climate is best news in India's 'bleak' new Budget

As a statement of accounts, Budget 2022 makes for grim reading. But a strong emphasis on green growth may offer India the economic narrative it's been lacking

Budget prioritises growth over fiscal consolidation: ICRA Limited MD

The Budget has pencilled in modest 6.0 per cent growth in revenue receipts, dampened by a contraction in non-tax revenues

Ad film director Prahlad Kakkar's take on best, worst things in Budget

If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors

FM Sitharaman's fourth Budget: Boost to credit for digital infra

Sitharaman has given infrastructure status to data centre and energy storage system, a move that will facilitate credit availability for digital infrastructure

Centre allocates Rs 19,130 crore in Union Budget for Metro projects

The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country.

Industry hails infrastructure push through Gati Shakti, PPP in Budget

Industry players on Tuesday hailed the announcements for the infrastructure sector in the Union Budget and said the proposal to fund infrastructure through 'Gati Shakti' and public private partnerships will mark the escalation of economic prosperity. Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in Parliament. "One of the strongest parts of this Budget is the government's renewed commitment with its continued investment in strengthening the country's infrastructure. The proposal to fund infrastructure through PM Gati Shakti, Public Private Partnerships, etc. will mark the escalation of economic prosperity. "Overall, the budget seems to have given a booster dose to facilitate faster economic growth of the nation; roads is definitely one of the prominent sectors to get deserved focus through adequate funding," IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said. According to EY India Tax Partner Infrastructure Samir ..

Budget 2022: Massive capex push buoys infra, cement, steel stocks

A strong capital expenditure announced in Union Budget FY23 coupled with renewed focus on the affordable housing segment have led to a sharp jump in share prices of companies associated with infra

Budget 2022 to promote modern infrastructure in country, says Nitin Gadkari

Union Minister Nitin Gadkari on Tuesday hailed the Union Budget presented in the Parliament on Tuesday and said that this budget will promote modern infrastructure in the country."The budget presented by the Finance Minister Mrs @nsitharaman under the guidance of @narendramodi is a budget to promote modern infrastructure in the country, which will lay the foundation for a new India and improve the lives of 130 crore Indians. #AtmaNirbharBharatKaBudget," tweeted the Union Minister.Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget in Parliament today.In her address, she said that India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies. "The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country's strong resilience," she said."PM Gati Shakti Master Plan for Expressways to be formulated in 2022-23, to facilitate faster ...

MEIL's Drillmec to set up $200 mn oil rig manufacturing hub in Telangana

Drillmec SpA, a subsidiary of the city-based Megha Engineering and Infrastructures Limited group, will be setting up its global manufacturing hub in Telangana with an investment outlay of $200 min

Gati Shakti national master plan: States to get on board by March-end

The Department for Promotion of Industry and Internal Trade's (DPIIT) logistics division has been holding state-level conferences to explain the project

Budget 2022 may raise spending on infrastructure to boost economy

Asia's third-largest economy is estimated to expand 9.2% in the fiscal year that ends in March, following a contraction of 7.3% in the previous fiscal year

Budget 2022: India seen boosting spending on infrastructure

The Feb. 1 budget comes days before the start of elections in five states, including the most populous, Uttar Pradesh

Goyal reviews fast track implementation of infra projects via PMG portal

The PMG is an institutional mechanism to facilitate the resolution of bottlenecks in infrastructure projects

Budget wishlist: Here are the key challenges in infrastructure sector

Implementation of reforms related to corporatisation of ports needs acceleration

Budget 2022: New sectors expected to get infrastructure, industry status

The Centre might bestow infrastructure as well as industry status to new sectors to boost several pandemic hit industries in the upcoming Union Budget.