The UPA government subjected the infrastructure sector to policy paralysis, environment clearance roadblocks and high-intensity redtape. The NDA government fought tooth and nail to bring about an ordinance when all other measures failed to get all parties onboard the Land Acquisition Act. This was necessitated as the methods for acquiring land under the dated Land […]
Roads and highways are not the flavour of the season! Yes, you read correctly. They are not. The growth magnet now has moved to water supply, irrigation, affordable housing and railways too. EPC projects are increasingly finding favour over HAM projects. A huge consolidation exercise is under way as the Insolvency & Banking Code (IBC) […]
There is finally good news on the economic front. Projects commissioned in the country reached a record high of Rs 4.6 lakh crore in FY2016, according to CMIE. This is the highest-ever commissioning of projects in a year and represents a 12 per cent increase over Rs 4 lakh crore in FY2015. The stock of […]
We are not out of the woods yet. Eight core sectors – coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity – slowed to 1.1 per cent in July after a growth of 3 per cent in June, mainly on account of low expansion in coal output and contraction in steel, crude […]
The manufacturing indices, which appeared to be positive till last month, turned negative, killing all joy espoused by optimists. Loans continued to pile up. The RBI maintained its stance. And interest rates didn´t ease off enough to make an impact in a debt-burdened commercial sector. The government is still struggling to get its Land Bill […]