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Catering to the bottom of the pyramid with ‘cheap’ services has forced many businesses in India’s infrastructure sector to go belly up.
At CPR Dialogues 2020, former SEBI chief U.K Sinha said there is a lack of accountability when it came to infrastructure financing institutions.
It is targets such as long-standing electricity dues and low capacity of our thermal power plants that the Modi government needs to aim at.
Srei will focus solely on financing purchases & leasing of equipment. Govt should fund infrastructure as India is a socialist economy, it says.
The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.
Within the infra sector, the allocation for highways got the biggest boost over last year — going up 10% to Rs 91,823.22 crore
The stock rally is being led by belief that Finance Minister Nirmala Sitharaman will need to do more to revive economic growth from the lowest since 2008.
Officials say L-G Murmu’s order will ensure faster, cheaper development, and reassure people of J&K that their land won't be acquired by govt unless they wish to sell it.
With private investments tepid & fiscal limitations on central spending, states will need to contribute nearly 50% of infrastructure investments.
Damac’s chairman is the latest to call for curbs on construction in Dubai market that’s been on a downward trajectory since it peaked 5 years ago.