With the economy gasping for oxygen, in this column we provided an ‘August’ formula for kickstarting growth in the last issue! Fortunately, the FM has heard the cries of anguish and decided to act, with initiatives aimed at generating sales for the auto industry. The construction equipment industry, too, can heave a sigh of relief […]
The government has received a drubbing by former governors on its plans to raise overseas debt by issue of sovereign bonds. Yet, it still needs to kickstart infrastructure spending. As stated earlier in this column, here are various ways of achieving the same goal: Save Rs.1.85 trillion by not buying land Don’t buy land for […]
And how we can save them. At some places, we are dangerously close to breaking point; at others, we are skirting disaster. According to reports, the Karnataka Government was contemplating a ban on the construction of new apartments in Bengaluru to resolve water scarcity. The deputy chief minister revealed that there was a gap between […]
As the new government assumes power, there is quite an agenda it requires to address to put the economy on track. The pressure of elections has at least set the pace for delivery on the ground. Schemes announced and then monitored through PRAGATI and other mechanisms were planned to benefit all segments of society. Their […]
Roads and highways are not the flavour of the season! Yes, you read correctly. They are not. The growth magnet now has moved to water supply, irrigation, affordable housing and railways too. EPC projects are increasingly finding favour over HAM projects. A huge consolidation exercise is under way as the Insolvency & Banking Code (IBC) […]
India is seething, rightly so, with its pint-sized errant neighbour. Pakistan’s GDP is $300 billion while India’s stands at $2.6 trillion, nearly nine times larger. Meanwhile, the US is at $19.39 trillion, Bangladesh is at $250 billion while China is at $12.24 trillion. So China is six times bigger and the US eight times bigger […]
The billion-dollar question is not what the budget holds for the country but what the voter holds between his heart and his mind. Will India continue to remain under MODI-fication or will a neutral and ‘harmless’ PM be chosen by a united opposition or will we remain ‘hung’? It is a given that PM Modi […]
Elections are back but so is the smog and the end of the year. Some collateral benefits or features of elections include rapid decision-making, rapid project execution, timely payments, brisk purchase of materials and equipment due to release of liquidity, increase in cash transactions and so on. While construction of the Ram Mandir will be […]
The construction industry could not have asked for a more integrated play than the one witnessed at the INDIA CONSTRUCTION FESTIVAL (ICF) on October 24-25 in New Delhi. Needless to say, the CEOs of construction companies are a hard-working lot and getting them to come together needs more precision than a BIM programme can offer! Vinayak Deshpande, Managing […]
Beginning its operations in 2002, Delhi Metro Rail Corporation now has a route length of 296 km, making it the 12th longest and 16th largest in daily ridership. Its punctuality is 99.9 per cent when any delay of over 59 seconds is considered a delay. After its expansion, it will reach a length of 350 […]