The Andhra Pradesh government would develop a tourism project on about 2,000 acre at Gandikota in Kadapa district under public private partnership, said tourism minister J Geeta Reddy.
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The railway minister said that one-third studies have already been done.
The Rajiv Gandhi International Airport, which is being developed by GMR on the outskirts of Hyderabad, will be the first greenfield public-private partnership (PPP) airport to be operational in March 16.
The biggest constraint to achieve a higher growth rate in South Asia is infrastructure. Growth in the region could have been higher if more investment in infrastructure would have been made, says Patel.
Consortium of 10 banks, led by the State Bank of India, has sanctioned the entire debt requirement of Rs. 11.480 crore for the project.
The government is optimistic that the Indian pharma industry with a strength of 25,000 companies will be a leading player in the sector in the years to come.
Through two stimulus packages, the Indian government recently allowed IIFCL to raise Rs 40,000 crore through tax free bonds to aid the financing of infrastructure projects which were being carried out as public-private partnerships, the Bank said.
The scheme is expected to activate the measures announced for the housing construction sector under the economic stimulus packages. It will increase the stock of houses ranging from 300 sq ft to 1,200 sq ft plinth area built at affordable rates on land provided by state governments.
The centres will be set up under a pilot project on PPP (public-private partnership) mode across the country, principal advisor (skill development mission) of Planning Commission Jayati Chandra said, adding that these are expected to come up by the middle of the year.
Privatising the railways is not on her agenda. But the minister wants to earn revenue for the government by all means possible, and also do social good. railway Railway Minister Mamata Banerjee talks of her pet public-private partnership and Vision 2020. Edited excerpts:
Decks have been cleared for setting up of 20 new IIITs in the country after differences between industry bodies and the government, over the issue of autonomy, were sorted out.
Move to accelerate investments; Japan to have a share in corpus
The national highways selected for upgrade include -- Gurgaon-Jaipur, Surat-Dahisar, Chilkaluripet-Vijaywada and Panipat-Jalandhar. These four stretches together measure about 838 km.
After the infrastructure sector, the public-private partnership model will be extended to rural job generation as well.
As part of its initiatives to work with Indian law enforcement organisations towards creating more awareness on cyber crimes, Nasscom is in talks with Maharashtra Director of Prosecution to train 40 prosecutors every month.
As part of its initiatives to work with the Indian law enforcement organisations towards creating more awareness on cyber crimes, Nasscom is in talks with the Maharashtra director of prosecution to train 40 prosecutors every month.
DRDO has goals to develop stealth aircrafts and long range reusable hypersonic cruise missiles.
Mitsubishi Corporation of Japan is considering investments in India's infrastructure sector including power, ports and airports.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
The Karnataka government will soon select a consortium bidder for the 35-km high-speed rail transport between Bangalore International Airport at Devanahalli and the city centre, a top official said in Bangalore.
The Cabinet on Thursday approved construction of the second international airport at Navi Mumbai in Maharashtra.
The affordable housing segment will offer business opportunities worth over Rs 5,00,000 crore (Rs 5 trillion) as India requires more than ten million houses to be built by 2013-14.
With the Centre and state governments building public-private partnerships for bringing e-governance and rural connectivity, Hewlett-Packard India has identified e-governance as a focus area for its offerings in the printing and imaging series.
The Union Road Transport and Highways Ministry proposes to build a huge network of expressways by 2022, also the final year of the Thirteenth Five-Year Plan.The ministry plans to build expressways in 3 phases -- by 2012, 2017 and 2022 -- and, accordingly, it has prepared a draft report for a network of the proposed 17,661-km of stretches.The report has suggested the government set up the proposed expressways on both an annuity and a public-private partnership (PPP) basis.
The I&M programme will entail a nationwide comprehensive programme to test and certify, at frequent intervals, a vehicle's 'road worthiness'. The programme gains importance as more than 100,000 people die each year from road accidents in the country, roughly 10 per cent of the world total.
The West Bengal government unveiled a new model to allot 90 acres of subsidised plots each to software majors Infosys and Wipro near Rajarhat locality in the city at an unspecified rate.
Metro rail projects in Hyderabad and Mumbai will come up through PPP model. Besides Metro, government is also keen to allow bus rapid transit (BRT) system, construction of road over bridge (ROB) and underpass through the PPP mode. The JNNURM scheme launched in the end of 2005 recognises that mere funding of infrastructure projects alone will not enable in transforming cities and what is required is a clear focus on a set of reforms at state and urban local body level.
Under the new norms, if a developer is bidding for a PPP project worth Rs 500 crore (Rs 5 billion), it should have a record of executing projects worth Rs 1,000 crore (Rs 10 billion), or at least double the cost of the new project. Earlier, to qualify, a developer needed to have executed projects one-and-a-half times the cost of the proposed project in the last five years.
The company, which is bidding for 16 road projects worth Rs 10,000 crore (Rs 100 billion) this year from the National Highways Authority of India under the public-private-partnership model, intends to invest the money in the form of equity to set up special purpose vehicles to execute new road projects.
Trauma care services in India will soon get a facelift with the government proposing to set up special facilities along the country's highways.
The programme that stemmed from the mutually beneficial needs of the Punjab government and PepsiCo India, if everything goes well, is set to bring "orange revolution in the state by bringing more than 35,000 acres under citrus cultivation by 2008".
As the demand for a grand stimulus gathers steam, the government is targeting an investment of Rs 100,000 crore
The much-hyped public private partnership motto of the railway ministry seems to have gone nowhere, as the ministry continues to sit over proposals from at least three state governments to start luxury trains.
India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.
The much-awaited special purpose vehicle for funding infrastructure projects is all set to take off by next month with the Prime Minister's Committee on Infrastructure giving it a green signal.
