E-powering up public transport
Nagpur became the first city in India with a sizeable fleet of electric vehicles. Union minister Nitin Gadkari announced that two lakh electric buses would be introduced for public transport.
GST: Coal power gets cheaper with 5% (11.7% earlier) duty on coal whilst solar gets 12-18% more expensive as 0 earlier & no input credit.
Solar power to feel the impact of GST?
More than 90% of solar equipment used in India is imported, which is duty free. Experts feel there could be import duty on par with GST on imported solar panels after the implementation of GST.
Rural bijlee refresher: A village is considered electrified if electricity is provided to all public places & at least 10% of households.
Challenges remain at household level: As of May 16 amongst all the villages electrified, only 8% had ALL households connected (BusStd).
Challenges of rural electrification
While 73% of the 18,452 villages identified for electrification had power, only 8% had all their households electrified. This is due to the fact that many poor households cannot pay the cost of connection and unreliable power supply is a disincentive for rural poor to connect to the grid.
Good to see Hyd Airport developing capacity in anticipation; to spend Rs 2500 crores to enable 20 million passengers/annum against 12 now.
Hyderabad airport’s expansion plans
Hyderabad airport is all set for capacity expansion. It has reported the highest passenger growth among four private airports and has nearly doubled its revenue to Rs 1,156 crore in FY17 from Rs 645 crore in the previous year.
Ex-Cess?! Possibly another one after education, roads, swachh, UDAN, green….@sureshpprabhu says Safety Cess on fares is a possibility.
Cess for safety
Railways is considering applying a safety cess on passenger tickets which would be less than 2% of the total fare amount. In this year’s Budget, a Rail Safety Fund had been announced with a corpus of `1 lakh crore envisaging an annual spending of Rs 20,000 crore for the next five years.
Real Estate Reg Act (RERA) currently toothless against undelivered OLD projects. And there r many! Only new project customers advantaged.
Dilution of RERA norms
In many states ‘under construction’ projects or those that have received part completion or occupation certificates are being excluded from RERA norms. In a bid to assure all stakeholders, the central government has urged state governments not to dilute norms.
Sad legacy: Startling finding by Central Pollution Board ~ “Not 764 grossly polluting industries along the Ganga but actually 1109.”
Rise in number of polluting units
All pollution control measures to clean the Ganga river such as restrictions on solid and liquid discharge, installation of online monitoring mechanisms, and setting up of effluent treatment plants, were being applied only on the 764 industrial units. These will now be applicable on the newly identified units as well.
Author is Chairman, Feedback Infra
Twitter handle: @Infra_VinayakCh
A weekly selection of the author’s tweets— with a brief backgrounder—in the infra space, by Adite Banerjie.