VIABILITY GAP FUNDING
50% viability gap funding to put metros on track
A high-level sub-committee on infrastructure has proposed a hike in viability gap funding (VGF) for metro projects from 20% now to 50%.
Rajasthan plans to levy entry tax to fund Jaipur metro project
Rajasthan govt is mulling over levying entry tax on commercial vehicles entering Jaipur municipality to fund its ambitious project of Jaipur Metro.
FM to convince CMs on viability gap funding
Finance minister P Chidambaram may ask for personal intervention of chief ministers of 16 states which have not yet sent any proposal for receiving Central assistance under viability gap funding.
Viability gap funding to pay for red tape
The Centre is likely to keep unchanged the allocation under the viability gap funding (VGF) for infrastructure projects in 2007-08.
Viability gap funding for urban transport system may be raised
Planning Commission member Anwarul Hoda on Monday said government would consider allowing an increase in the viability gap funding (VGF) for urban transport systems on case-by-case basis.
NGOs vs India Inc: How are companies gearing up for the face off?
Despite their retinue of PR professionals, lawyers and lobbyists, corporates still find themselves at a disadvantage when dealing with activists.
'Centre to provide viability gap fund for metro’
The Centre would provide adequate viability gap fund to the tune of 20 per cent of the total cost, if the Tamil Nadu government submitted a proposal for the Metro Rail Project based on the Public Private Partnership Model, Union Minister for Urban Development and Poverty Alleviation Jaipal Reddy said on Thursday.
Urban transport viability gap funding may be hiked to 30%
The finance ministry is considering a hike in the ceiling for viability gap funding (VGF) to 30% from the existing 20% for urban transport systems like metro, monorail and road rapid transport systems.
Finmin wants RBI to focus on inflation as crude prices harden
Crude prices in the international market have escalated to $ 116 a barrel. India is 75 per cent dependent on oil imports and such a spurt in price would have adverse affect on the economy.
Transport sector likely to get higher viability gap funding
The government is considering to increase viability gap funding (VGF) for transportation projects beyond the current figure of 20% of the project cost. The proposal is part of strategy being framed for 11th Five-Year Plan.
Pakistan defends its economic partnership with China
Pakistan defended its economic partnership with China, amid fears that the terms of opaque multi-billion dollar investments by Beijing could be exacerbating Islamabad's economic woes.
Swachh Bharat: Funds for treating solid waste cut 46 per cent
The government has scaled down expenditure on solid waste management 46 per cent to Rs 20,153 crore from Rs 38,000 crore approved by the Cabinet in September 2014
Hyderabad Metro Rail gets Rs 1,458 crore viable gap funding
A government appointed committee headed by DEA Secretary Arvind Mayaram today approved viability gap funding (VGF) of Rs 1,458 crore for development of Hyderabad Metro Rail.
Govt gets Rs 1.15-cr towards regional air connectivity fund
The ambitious Regional Connectivity Scheme (RCS) seeks to connect unserved and under-served airports as well as make flying more affordable.
Government plans Rs 1,000 crore funds for setting up bus terminals
We have a Rs 1,000-crore funding plan to assist states in setting up of world class busports (large bus terminals), said Nitin Gadkari.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service