Upward Mobility: Heartening dat every year, 20-25 million Indians will now be experiencing air travel for the first time in their lives!
– Civil aviation set to soar
The Indian aviation industry is set to become the third-largest in the world by 2020. National Civil Aviation Policy has set a target of 1.4bn annual passenger capacity by 2017—meaning building five times more airport capacity in the next 10 years.
New angle! EcoSurvey > “Social Cost of Renewables 3X that of coal-based electricity” largely due to cost of stranded conventional assets
– Social costs of the renewables push
Share of renewable energy is expected to grow from 17.65% to 43% in 2027. Stranding of coal-powered projects will create an NPA risk for banks. NPAs in generation already account for around 5.9% of the total outstanding advances of Rs 4.73 trillion.
Commendable: Gadkari says ~ “saved Rs 3 lac crs of bad loans in Roads Sector by conducting meetings day and night & 22 Cabinet decisions”
The road to preventing NPAs
When NDA-2 came to power, there were 403 stalled roads projects with a loan exposure of Rs 3.9 lakh crore. Now, there are none; Rs 50,000-crore worth projects have been terminated. Read More…
Credit By : The Financial Express
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