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FICCI's infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 per cent.
The Planning Commission has suggested raising domestic coal prices to align them with global benchmarks in its approach paper to the Twelfth Five-Year Plan beginning March 2012.The move is part of the commission’s overall call for gradually rationalising prices in the energy sector to move away from the current, ‘unfortunate’ controlled pricing regime.
Popularly known for his sharp thinking, Suresh Prabhu is likely to be announced as the Deputy Chairman of the revamped Planning Commission.
The brand is the essence of multidimensional expertise, especially considering its forte in contracting and real estate.
The railways have been urged to announce a clearer guideline on PPP projects by the Bangalore Chamber of Industry and Commerce (BCIC).
Bangalore Airport Rail Link (BARL) has proposed to set up Rs 6,000-crore High Speed Rail Link (HSRL), to come by 2013.
Planning Commission Deputy Chairman Montek Singh Ahluwalia exuded confidence that India’s growth rate would soon return to its peak of 9 per cent on the eve of 2011.
In February 2008, CW’s cover story on the manpower shortage in the construction industry highlighted the need to add about 5 million people every year to sustain the industry’s growth rate.
The new terminal building at the Chandigarh airport is delayed by almost four to five months.
Suddenly and silently, the price of construction has gone up dramatically in India. Construction World speaks to contractors, developers and building material majors to find out why and assess the implications for the industry and end-users.