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This top industrialist wants you to stop fretting over Budget

Govt needs to find innovative ways of reducing fiscal deficit, says Marico CEO Harsh Mariwala.
The Economic Times

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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.

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