NITI Aayog suggests national PPP policy

NITI Aayog has suggested that a national public-private partnership (PPP) policy be formulated regarding the objective and scope of such projects, Parliament was informed Friday.

JSW to develop 34-km rail link to connect its Jaigarh port

JSW Infrastructure has an installed capacity of over 33 mt at its three ports, the Dharamtar Port near Mumbai, South West Port terminals in Goa and Jaigarh Port in Ratnagiri.

Cabinet approves re-promulgation of land Ordinance

The Ordinance was promulgated for the first time in December last year.

Govt allows cos to exit road projects; NHAI to fund stalled ones

The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.

Cabinet approves ordinance making major changes in Land Acquisition Act

Finance Minister Arun Jaitley said the government decided to relax certain provisions of the Act and add Section 10 A to the legislation keeping in the mind development needs of the society.

Land acquisition will be made easier: Govt assures industry

Lending her ears to the industry on problems faced by it in acquiring land, Union Minister Nirmala Sitharaman on Saturday said the government will consult all stakeholders to make the land acquisition law "an enabler, rather than a stifler".

Delays in decision making, flawed pacts hurt road sector: NHAI

Delays in decision-making by authorities, flaws in developer agreements and absence of a clear blueprint for highways have scuttled road sector's growth and PPP projects, NHAI Chairman R P Singh said on Tuesday.

Experts favour PPP projects to arrest rise in cyber crimes

Raising concerns over rising cyber crime cases, industry experts have suggested public-private partnership (PPP) projects to prevent data theft.

RBI relaxes norms of refinancing long term project loans

The RBI on Thursday said banks may refinance long term project loans with certain new riders including taking-over of a minimum of 25 per cent of an outstanding loan from the prior condition of 50 percent.

Rural Ministry suggests industry-friendly changes in Land Act

The Rural Development Ministry has suggested a number of amendments to the Land Acquisition Act which would water down pro-farmer provisions like mandatory consent of at least 70 percent locals for acquiring land for PPP projects and 80 percent for acquiring land for private projects.

Gowda proposes FDI, private investment, PPP projects in Rail budget

Having already effected a steep hike, the railway budget for 2014-15 spared passengers of any fresh revision in fares and freight rates but pitched for reforms by proposing private and Foreign Direct Investment and Public Private Partnership (PPP) to meet the resource crunch.

Govt to push PPP disputes resolution bill in winter session

Government will seek to push a bill to set up an institutional mechanism for resolving the disputes related to public contracts or PPP projects in the forthcoming winter session of the Parliament.

Plan panel to seek Cabinet nod on remedies for PPP projects

The Planning Commission will soon seek the Cabinet's nod for remedial measures to address issues hampering implementation of Public Private Partnership (PPP) projects in a bid to re-start the investment cycle.

PM for Rs 1.15 lakh cr investment in PPP projects in 6 months

In a bid to ramp up investor sentiment, Prime Minister Manmohan Singh Friday set an investment target of Rs 1.15 lakh crore in PPP (public private partnership) projects across infrastructure sectors in rail, port and power in the next six months.

Secured loans to PPP projects to help road building sector

RBI move to consider loans to public -private-partnership (PPP) projects as secured lending and initiatives such as the creation of Infrastructure Debt Fund (IDF) augur well for the ailing road building sector, ratings agency ICRA said Thursday.

Govt should provide PPP details in budget: Plan panel

With a view to improve transparency in public private partnership (PPP) projects, the Planning Commission wants the Finance Minister to disclose all the information about such ventures in the budget proposals.