The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.
The first public-private partnership (PPP) initiative in bottled drinking water has taken shape at Amethi in Uttar Pradesh, with a Rail Neer plant set for commissioning.
The company is also exploring the markets of Bangalore, Nashik, Panvel, Thane and Pune among other cities for the same.
Day 5 of Parliament's monsoon session 2020. Watch all the action in both houses LIVE here.
In sectors like IT, cybersecurity, advanced manufacturing, and transportation, the H-1B One Workforce grant programme would be used to upskill the present workforce and train a new generation of workers.
Dengue has become a major public health concern in India with 289,235 cases reported last year. This year there were 19,447 cases of dengue which resulted in 19 deaths till April 2024.
Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank President, United States President Joe Biden has said after the top Indian-American business executive was confirmed as the new head of the international lender.
To facilitate foreign direct investment (FDI) in high- speed rail projects, the government is likely to allow private sector entry in operations.
The metro rail commenced its operations between Miyapur and Nagole, having a total distance of 30 kilometre and 24 stations.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
'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.'
Parliament's standing committee report on the government's land acquisition Bill has sought a thorough tightening of the provisions to ensure involvement of local institutions and an "informed and transparent process".
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
While the private sector has been involved in a small way in upgrading government-owned Industrial Training Institutes and certain health initiatives, the PPP projects have not really taken off in a big way in these areas, PM said.
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
The railways, whose performance in public-private partnership projects has been dismal, will try five different models for inviting private sector participation for last-mile connectivity projects.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
"The performance of the public part of the (PPP) project should be subject to proper scrutiny but obviously where the private sector (is given) flexibility ... you cannot subject that to CAG scrutiny," Montek Singh, Planning Commission Deputy Chairman said when asked whether there is case for CAG scrutiny of PPP projects.
'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'
The move is part of a larger initiative by the government to speed up work in the highway sector.
As per the detailed project report, submitted to the Union HRD Ministry by National Association of Software and Service Companies, each new IIITs will come up in partnership with a group of private companies. Each IIIT will have a capital base in which the government's contribution will be less than that of the partnering companies.
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
Tata Sons chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As Tata Group steers the transformation of loss-making Air India since taking control in January last year, Chandrasekaran said that he most of the time receives "caring criticism" about the airline that also further strengthens the commitment. Speaking at an event in the national capital where Air India's new brand identity and aircraft livery were unveiled, he said the focus is on upgrading all human resources aspects in the airline.
The six Pinaka Regiments comprise of 114 Launchers with automated gun aiming and positioning system and 45 command posts to be procured from M/s TPCL and M/s L&T, and 330 vehicles to be procured from M/s BEML.
On Wednesday, Railway Minister Pawan Kumar Bansal announced an across-the-board hike in fares of all classes from midnight of January 21 to net an additional Rs 6,600 crore (Rs 66 billion) a year.
US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.
India on Thursday unveiled a new science policy that lays greater thrust on innovation, establishing research institutes and encourage women scientists with an aim to position itself among the top five scientific powers in the world by 2020.
"The Council will inform and provide advice to the President and other senior US officials on US global development policies and practices, support new and existing public-private partnerships, and increase awareness and action in support of development by soliciting public input on current and emerging issues in the field of global development," the White House said.
E-commerce players may soon rent out drones, so you can use them the way you book a cab on an app, and test viable use-cases for last-mile delivery.
PPPs in infra are on the cusp of disaster. The country needs a different strategy to build public services infrastructure.
The final draft of the bill now proposes consent of two-third of "land losers" (from whom land would be purchased) for acquiring land for public-private-partnership and private projects, sources said.
'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'
The government is trying to promote infrastructure development through PPP projects and has suggested the state should pick projects under this mode in a big way.
The private sector accounted for 30 per cent of all investment in infrastructure in the last Plan period and is supposed to mobilise 50 per cent ($500 billion) of the planned infrastructure spending for 2012-17.
The Finance Minister's concerns come at a time when delays in 110 central infra projects due to regulatory hurdle issues have resulted in over Rs 1.57 lakh crore cost overruns.
The Comptroller and Auditor-General's report on the Delhi International Airport Ltd (DIAL) as a public-private partnership (PPP) project makes several valid points, but presents a seemingly factual but fundamentally misleading picture of the total financial outcome.
The doctors' bodies said that the two sides reached consensus during talks with the state government agreeing to keep private hospitals that have not availed land at subsidised rates or other benefits from it outside the ambit of the proposed law.
Rashtriya Janata Dal chief Lalu Prasad on Wednesday described the railway budget as 'disappointing' and said the ministry's attempt to attract private firms to fund the rail projects is like 'chasing a dream'.
As domestic opportunities diminish, investors look abroad for these projects.
The controversial Land Acquisition Bill was on Thursday cleared by the Union Cabinet, making mandatory the consent of 80 per cent of people whose land is taken for private projects.
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