For Assam, which has suffered from lack of development, connectivity and amenities, BJP’s concoction of infrastructure projects and welfare is a key poll issue.
Banks’ ability to finance infrastructure projects is impaired, so DFI concept has made a comeback. Its target is to raise Rs 3 lakh crore for these projects.
Finance Minister Nirmala Sithraman said the proposed Development Finance Institution will help in increasing long-term funds and have 50% non-official directors.
Modi govt has taken the powerful combination of infrastructure investment and welfarism to their current levels of ambition. However, there are hurdles.
In episode 687 of #CuttheClutter, ThePrint’s Editor-in-Chief Shekhar Gupta speaks about the three postulates from which PM Narendra Modi’s political power rises.
Monetisation of oil and gas pipelines, airports, Railways' infrastructure can generate huge sums of money for Modi government’s infra push. But implementation is key.
Roads Minister Gadkari says infrastructure has got primacy in the Budget for the first time, will have a cascading effect on other sectors like steel & cement.
Even amid expenditure curbs during lockdown, govt had asked infra ministries to spend. There are many ongoing projects that could create jobs & boost growth.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
In largest overhaul of military command in 5 decades, Field Marshal Asim Munir set to assume post of Chief of Defence Forces tomorrow, as Army claims primacy in Pakistan armed forces.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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