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Tags : "infrastructure"

Finance Minister Nirmala Sitharaman seeks investment from UAE for Rs

NEW DELLHI: Finance Minister Nirmala Sitharaman on Monday held a virtual bilateral meeting with United Arab Emirates (UAE) Minister of State for Financial Affairs Obaid Al Tayer and urged the Middle Eastern nation to participate in India’s ambitious Rs 111 lakh crore National Infrastructure Pipeline. About 7,000 projects have been identified under the National Infrastructure […]Read More

PM Modi launches financing facility worth Rs 1 lakh crore

New Delhi: Prime Minister Narendra Modi on Sunday launched a financing facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund for agri-entrepreneurs, startups, agri-tech players and farmer groups for post-harvest management and nurturing farm assets. Modi also released the sixth installment of Rs 17,100 crore to more than 8.55 crore farmer beneficiaries under […]Read More

Government carves out $3B to help communities with pandemic infrastructure

The federal government is adjusting a $33-billion COVID-19 infrastructure program to help Canadian communities respond to the global pandemic. Infrastructure Minister Catherine McKenna announced a new COVID-19 “resilience” stream during a news conference in Ottawa today, carving out $3 billion for pandemic-related projects that would not be covered under previous rules. “Our government recognizes that […]Read More

Non-food credit growth slows to 6.8% in May

MUMBAI: The non-food credit growth decelerated to 6.8 per cent year-on-year in May from 11.4 per cent in the same period of last year, RBI data showed. The outstanding incremental non-food credit stood at Rs 90.3 lakh crore as of May 22, 2020, as against Rs 84.51 lakh crore on May 24, 2019. In April, […]Read More

Delhi cabinet meeting today over report on utilisation of health

NEW DELHI: Delhi cabinet will hold a meeting on Sunday over the report submitted by a five-member doctors’ committee constituted by the Delhi Government on the utilisation of the national capital’s health infrastructure. The committee has submitted its report to the Delhi government on Saturday. Sources told that the committee in its report said that […]Read More

Asian countries need to focus on public private partnerships to

NEW DELHI: Asian countries should focus more on public private partnerships (PPPs), as it will help in attracting private capital and technical expertise in infrastructure sector – hit hard by the pandemic, Asian Development Bank said in a blog. Demand for existing infrastructure has fallen sharply due to the coronavirus pandemic. And Asia Pacific countries […]Read More

As Covid-19 rages, Mumbai ramps up health infrastructure

Mumbai: The epicentre of India’s Covid-19 epicentre, Mumbai, has ramped up its critical healthcare facilities across 10 hospitals, some of them makeshift arrangements, in the past two weeks as the city looks at ways to address a shortage of beds for patients with moderate to severe symptoms. Data released by the state public health department […]Read More

Agri industry demands independent body to use Rs 1 lakh

Pune: Indian agriculture can improve dramatically and replicate the success of co-operative dairies, if the Rs 1 lakh crore fund for farmgate infrastructure is effectively used and a strong body similar to the National Dairy Development Board (NDDB) is set up to support farmers, top officials and experts said. RS Sodhi, managing director, Gujarat Co-operative […]Read More

Ensure income for poor, invest in infrastructure: Thomas Piketty

NEW DELHI: Tax cuts for businesses are not enough for India to cope with the pandemic, and income guarantee for the poor and immediate investment in public infrastructure are needed to bridge inequality, said economist Thomas Piketty. “It is not enough to have tax cuts for businesses; you also need to build a system so […]Read More