On the heels of a new government committed to infrastructure and growth, India stands on the cusp of a transformation. Change is the only constant. And, the Indian economy is proof of this. While a year ago, the scenario looked gloomy with a sub 5-per-cent GDP
Concrete is a basic building block. But so far, Indian concrete consumers prefer to make the concrete they use. Ready-mix concrete (RMC) accounts for only 4-7 per cent of the country´s cement consumption whereas 70 per cent of the cement produced in Japan gets consumed by its RMC business.
In Karnataka, the BJP government could not repair the targeted number of roads in its five-year regime, despite money being available for approved works. However, just before the assembly elections, it was suddenly able to take up pending road repairs and implement work orders on some of the arterial roads in Bangalore, the State capital city. The classic case is the Yelahanka-Doddaballapur road, off BIA Road.
With elections approaching, both Congress and BJP are in a race to claim credit for various works. Congress, the opposition party in Nagpur Municipal Corporation (NMC) in Maharashtra opened the newly constructed railway overbridge (ROB) at Itwari in East Nagpur for traffic even as BJP-led ruling alliance claimed the bridge was not completed. The ROB is ninth of the total 19 projects that have been assigned under the Central Government´s JNNURM scheme.
Piyush Goyal Minister of State, Power (independent charge), Coal (independent charge), New and Renewable Energy (independent charge), has been entrusted with the responsibility to resolve fuel bottlenecks and chronic blackouts that hamper the country´s economic growth.
The infrastructure sector can never be out of the reckoning as it is intrinsic to economic growth. As the concluding part of this Cover Story, CW offers an analytical perspective of the recent past and - more important - the way ahead.
In the wake of the new government, RAMESH NAIR gives insights into the business of realty. In the light of the recent national electoral outcome, and an overtly positive result for Prime Minister Narendra Modi
While the Narendra Modi Government has been instrumental in bringing in the ´feel-good wave´, the 2014 Budget did not prove to be a harbinger of positive news. Provisions of the carry-forward Budget included support for renewal of infrastructure