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India hopes reach its Rs. 40,000 crore target in Disinvestment

India hopes reach its Rs. 40,000 crore target in Disinvestment

Disinvestment is showing good signs and the disinvestment department has announced that in the year 2010-2011, it will raise around Rs. 40000 crore from this process. The department is optimistic that it will be able to meet the target set by the Finance Ministry of India.

Sumit Bose, the disinvestment secretary, said, “Those Rs 40,000 crore [...]

March 9 2010 | Posted in Economic Growth, Infrastructure, others | Read More »

Delhi is the Best City to Live: CII-IFC Livability Index 2010

Delhi is the Best City to Live: CII-IFC Livability Index 2010

A study conducted by Institute for Competitiveness and CII indicates many benchmarks for Urban Development & Prosperity of India.
In the quality of life index and urban development, Delhi leads the chart. This fact was announced at International Conference on Competitive Cities “City Development: Emerging Business Models” which was organized by CII. Secretary in the Ministry [...]

March 9 2010 | Posted in Economic Growth, Infrastructure | Read More »

L&T arm to set up power projects

L&T arm to set up power projects

A branch of Larsen and Turbo, L&T Power Development Company is planning to set up power projects all over India. This coal based projects will have a combined capacity of 5,000 MW and will be ready by the year 2015.
The Head (Power Business) and Senior Executive Vice-President of L & T, Mr. A. K. Chhatwani [...]

March 8 2010 | Posted in Economic Growth, Infrastructure | Read More »

Marginal Progress in the Road Projects during 2009-2010

Marginal Progress in the Road Projects during 2009-2010

According to the Economic Survey, “Against the target of awarding projects for a total length of about 9,800 km under various phases of National Highways Development Project (NHDP)
during 2009-10, projects have been awarded for a total length of about 1,285 km up to November 2009”.
Only 13 percent of road projects were awarded during this fiscal [...]

March 3 2010 | Posted in 1, Indian Economy News, Infrastructure | Read More »

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