The government has approved Rs 1.53 lakh crore for 100 railway projects covering over 6,000 km in 2025-26. The expansion aims to improve connectivity, reduce congestion, boost freight capacity and support economic growth across India
By Avi Dutt India is now at a crucial stage where infrastructure investment will play a vital role in sustaining economic growth. However, land acquisition, aggressive bidding and non-performing assets are key challenges to infrastructure PPPs (public-private partnerships). Further, India is dealing with a high level of stressed assets, and there is a need to […]
Visakhapatnam: The Visakhapatnam Port Authority (VPA) is constructing covered sheds in an extent of 20 acres at an estimated cost of Rs.210 crores with the financial assistance of Sagarmala Development Company Limited. Informing this to media persons here on Thursday, VPA chairman K. Rama Mohan Rao said that the project has been contemplated to maintain […]
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said that this year’s Budget would continue to provide impetus to growth. The economic recovery is benefitting from public investments and capital spending, she said in her Budget 2022-23 speech. She added that inclusive development, productivity enhancement, energy transition and climate action are four pillars of development. […]
