In the first half a century after Independence, India invested around 3.0% of its gross domestic product (GDP) in infrastructure, which resulted in the tattered state of the sector till quite late in the 1990s.
Anticipating prospective tenders for water supply, sewerage treatment and urban solid waste following the upcoming Smart Citiesprojects in the country
Union finance minister Arun Jaitley while presented his budget proposals for 2017-18 on Wednesday made the following key points related to the Airport and Transportation Sector.
Indian Railways will also float tenders for 23 more stations that are to be redeveloped, including Pune, Howrah, Kanpur Central, Chennai Central, and Bandra Terminus among others, on the day of initiation of the project.
The entire PPP framework needs to be reoriented to make it more investor friendly, says Piyush Goyal, Minister of State