The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
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.
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 Union agriculture ministry plans to invite private investment in its project to promote hybrid rice to increase output, particularly in eastern states.
Familiarity with the alphabet is important to understand the language of the country's most controversial sector.
'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.'
If India had a road regulator in the late nineties, the capacity-building model based on public-private partnerships would not have been in tatters.
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.
After the successful launch of the monorail project in Mumbai on Sunday, Tamil Nadu is gearing up to implement a similar project in Chennai.
'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 ministry said the 'multi-mode' hand grenades will replace the "World War II vintage" grenades being used by the Indian Army.
While the country needs at least 200 functional airports, 85 have been made ready so far for complete operations.
Railway Minister Laloo Prasad Yadav asked private investors on Thursday to avail of the liberalised policies announced by his ministry under public private partnership concept for faster growth of the railways.
The meeting is a prelude to the framing of a public private partnership policy for the railways.
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.
To increase the inbound tourist inflow, the tourism ministry has also given a proposal to the home ministry.
The Competition Commission of India has asked the government to amend existing rules to allow more competition in maintenance of highways and airports under the public-private-partnership model.
His outburst has to rank among the most bizarre episodes of two arms of the government fighting in public.
The Bombay Stock Exchange says it will train 6.5 million people in the next 10 years to work in the BFSI (banking, financial services and insurance) sector, the largest employer in the Indian private sector.
The PPP framework for these projects, like building hospitals and schools, will be different from the existing regime for infrastructure.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
Delhi Metro's Airport Express, the country's first corridor to come up on Public-Private- Partnership mode, will roll out for public on Wednesday, turning Delhiites' dream of a hassle-free ride to the Indira Gandhi International Airport into a reality.
Prime Minister Manmohan Singh today set an investment target of Rs 1.15 lakh crore in PPP (public private partnership) projects across infrastructure sectors in rail, port and power in the next six months.
If trained staff is employed, this revenue stream can be a big source of income for municipalities.
Alleging that there has been an enormous cost escalation in the Mumbai Metro Rail project, Bharatiya Janata Party (BJP) has demanded that Maharashtra government should conduct a special audit to find out the `real cost'.
The GMR group-run Delhi and Hyderabad airports have not only been gleaming examples of successful public-private partnerships, but they are also among the country's favourites.
Despite strong private sector interest and a Rs 750-crore (Rs 7.5 billion) Budget allocation, not a single agreement has been signed between the government and the private sector to upgrade 300 Industrial Training Institutes (ITIs) to centres of excellence within the target of this fiscal, which has three and a half months to run.
United States Agency for International Development's Administrator Dr Raj Shah has said the public-private partnerships the USAID has been pushing for in India has overcome much of the notorious entrenched bureaucratic hurdles and red tape that has hitherto been a bane to development, particularly in alleviating acute health care deficiencies in the system.
Employment exchanges will not remain mere places where people register their names and begin an endless wait for a call for an interview for a job which, most often, may never happen.
The central government's view of exploring public-private partnership (PPP) in the establishment of new institutes of higher learning has a private hand, right from the first step.
Some say it is time to decongest the existing line infrastructure and cater to the supply shortage of rolling stock to meet the demand for bulk commodities such as coal, cement and foodgrains.
Within the next two years the national capital will have its own IT hub aiming to foster industry-institute partnership in the areas of advanced technology research in the city.
There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.
Foreign direct investment and capital market are two major sources of capital in any industry.
A public-private partnership is changing the way the youth from rural India is enabling themselves to become job-ready.
The home ministry's mega housing project will be implemented through the Public Private Partnership mode as the pace of construction of old projects, being done by Central Public Works Department, has been less than satisfactory.
At one level, the ongoing tussle between the Delhi Metro Rail Corporation (DMRC) and the Anil Ambani-controlled Delhi Airport Metro Express Pvt Ltd (DAMEPL) may confirm the misgivings of those who think public-private partnerships (PPPs) are a risky way of bridging the infrastructure gap.
Railway Board on Wednesday denied reports that its diesel locomotive manufacturing factory at Marhaura and electric locomotive manufacturing unit at Madhepura in Bihar were being abandoned and said they would be completed on public-private partnerships in Railways basis.
The airport express line of Delhi Metro, the country's first public-private-partnership project in the rail sector, would formally open for general public in a month, Delhi Chief Minister Shiela Dikshit said.
Spread over 2.4 lakh sq ft, the 'airport-like' terminal will see 1,100 buses plying everyday.