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 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.
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 ones chosen for operation, management and development through a public-private partnership model are Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
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.
Union Minister for Railway Pawan Kumar Bansal presented the Railway Budget for 2013-14 on Tuesday.
Anil Dhirubhai Ambani Group firm says it is financially unviable.
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 PPP framework for these projects, like building hospitals and schools, will be different from the existing regime for infrastructure.
It will be based in the Silicon Valley and will act as a landing pad for Indian startups looking to enter the crucial US markets.
Delhi's showcase Airport Metro Express would be back on track after being shut for six months, but it won't be a high-speed corridor as envisaged with the Commissioner of Metro Rail Safety today granting the nod for operations with a reduced speed of 50 km per hour.
The day, now called Technology Day to mark the anniversary of the tests, will see the government launching a company, under a public-private partnership between the Confederation of Indian Industry and the Department of Science and Technology, to attract the world's leading technologies and promote innovation in the country.
Moving the resolution, Chief Minister Pinarayi Vijayan said the Centre should re-examine its decision and the operation and management of the airportbe handed over to the Special Purpose Vehicle in which the state government has stake.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Lavasa would soon be joining the Asian Development Bank as vice president
Haryana tops the list of states that have witnessed maximum number of public-private-partnership (PPP) projects in the area of urban development, with a share of 85 per cent worth Rs 66,800 crore as on August 2012, a study has said.
The government plans to double investment in infrastructure projects to $1 trillion to achieve a GDP growth rate of 9 per cent during the 12th Five-Year Plan (2012-17).
The airports developed under the public-private-partnership model are presently handling 60 per cent of the passenger traffic in the country.
The Government of India amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security, an official statement said.
Stating this Union Tourism minister, Subodh Kant Sahai said on Friday his ministry has appointed a national level consultant to identify four tourism circuits in each state, excluding the North Eastern states and 2 in each union territory for integrated development of tourism circuits during the 12th Plan period.
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.
Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.
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 government has approved 20 new highway and housing projects at a total investment of Rs 14,538 crore (Rs 145.38 billion).
"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.
Fabindia, Shoppers Stop and four others have shown interest in a public-private partnership with Khadi Bhawans to manage 8 outlets.
The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.
Maharashtra Chief Minister Prithviraj Chavan welcomed the joint decision of CII and WEF to hold the summit in Mumbai.
The estimated cost of the project is around Rs 1,642 crore.
India's highways development project, the largest public private partnership programme in the world, is likely to attract a whopping investment of $41 billion, including FDI, from the private sector, Highways Minister Kamal Nath said.
Rajat Gupta, former director of Goldman Sachs and Mckinsey, has resigned from the board of the Hyderabad-based Emergency Management Research Institute (EMRI), a public-private-partnership initiative being run by the GVK group.
The Umbrella SSA is a single agreement that entitles the state government to support and facilitate the Centre in land acquisition, law and order and security in every highway project across the state.
To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment for the core sector.
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.
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.
Spread over 940 square km, a new city would be developed at Dholera by the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) as a part of its $90 billion project spread across six states.
The company is also exploring the markets of Bangalore, Nashik, Panvel, Thane and Pune among other cities for the same.
The Union agriculture ministry plans to invite private investment in its project to promote hybrid rice to increase output, particularly in eastern states.
His outburst has to rank among the most bizarre episodes of two arms of the government fighting in public.
