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1.India needs an economic vision

Chandrababu Naidu’s ire is not unjustified as he raked up the issue of the cancellation of orders on projects relating to trunk infrastructure, built over 34,000 acre that he had managed to obtain from farmers under land pooling.

2.Infra spending by states needs to rise 3.5x next decade

Need huge fiscal facilitation, leap in institutional capacity and policy dexterity

3.FM announces $1.4-trillion spend on infrastructure

The move is a key component of India’s ambitious goal to become a $5 trillion economy by 2024

4.ADB signs $190 million loan for Rajasthan road upgrade

754 km of state highways and major district roads to be upgraded in the state

5.Fastest Growing Construction Companies (Small)

Welspun Enterprises develops and operates PPP projects in various sectors such as roads, water and urban infrastructure.

6.FM announces $ 1.4-trillion spend on infrastructure

India is set to spend $ 1.4 trillion on developing its infrastructure in the next five years, according to Union Finance Minister Nirmala Sitharaman. The move is a key component of the country’s ambitious goal to become a $ 5 trillion economy by 2024.

7.$190 million loan from ADB for road upgrade in Rajasthan

The Asian Development Bank and the Government of India have signed a $190 million loan agreement to upgrade 754 km of state highways and major district roads (MDRs) to two lane or intermediate-lane standards that will benefit about 26 million people in 14 districts of Rajasthan.

8.Sustainable economic stimuli is the need of the hour

Affordable housing, mining, railways have gained prominence and the all-time favourite roads and highways sector is waiting for wings (in terms of finance) to fly.

9.Our budgets may be strained but we need to build the project pipeline and clear the tax and legal hurdles so that FDI can flow in

What’s the situation in the construction industry today? Or let’s say any industry for that matter. There are cracks appearing everywhere. Even fissures at some spots.

10.NHAI to offer 950 km road stretches for PPP

The NHAI, in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth `300 bn on its BOT model.

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