Oct and Nov record 3% and 1% growth respectively
Central Government projects in roads and rural development will drive demand
Pandemic-driven decline seen in state governments’ spend
Aims to resolve the disputes in the ports sector in a cost-effective manner.
Sector expected to contract by 18-20% in FY2021 due to pandemic-induced challenges.
Here are key factors that ensure minimal cost and time overruns in project completion.
Airports’ profitability and cashflows to remain under pressure: ICRA
Proposes to provide extension in concession period and COVID-19 loan
Sector outlook remains negative in near-to-medium term: ICRA.