Tweet: Land Bill ~ Political Bypass & Competitive Devpt: At NITI Aayog discussions with PM yday, States were encouraged to frame their own laws.
Tweet: U- turn! After 5 years of intense debate on a Central Land Act, political & general opinion now is in favour of states enacting their own.
Land legislation: back to the states
In the wake of the political stand-off on the issue of the Land Acquisition Bill, the Centre has urged states to take the initiative in enacting their own land legislation. While land is a state subject, land acquisition is on the concurrent list. This implies that both state assemblies and Parliament can make laws but in case of any conflict, the central law shall prevail.
Tweet: Progressive approach by Rlys in adopting “Swiss Challenge” route for 400 stations redevelopment. Suggest using name “Developer Challenge.”
Road ministry favours Swiss Challenge
The Swiss Challenge method of identifying an implementer for an infrastructure project has always been a contentious issue in the Indian government-purchase ecosystem. However, it does bring in freshness of ideas, and provides an alternative to age-old procedures, including the ‘lowest bidder; method. The ministry of road transport and highways is aggressively pushing the idea for expressway development.
Tweet: Further doubts on GDP nos ~ Electricity production growth fell from highs of 9% in Q2 & Q3 of last fiscal to lows of 3% from Jan-May 2015.
Power generation growth takes a tumble
In the first two months of the current financial year, power generation grew at 1.8%. This was despite significant rise in domestic coal production and raises questions about the linkage between electricity production and GDP growth figures.
Tweet: Took Rs 3 lac crores accumulated losses of Discoms for realisation to set in that it is the Distribution tail that wags the power sector dog.
Tweet: Bankers are thoroughly confused about how to handle the impending Discom NPA tsunami. Centre feels it is a States subject. States clueless.
Precarious discom situation affects power sector
The precarious situation of finances of the majority of India’s electricity distribution companies is affecting the power sector’s performance, including generation off-take, creating potentially huge NPAs at banks and inadequate power supply to the population at large. The State Bank of India chairperson has urged intervention by the Centre and states.
Tweet: Welcome trend: Data from NHAI EPC bids shows small + midsized construction cos increasing market share vis-a-vis bigger construction cos.
EPC bids: Small contractors increase market share
A significant proportion of National Highways Authority of India (NHAI) contracts for 700 km of road projects were awarded to small operators and contractors. There were 15-20 bidders for each EPC (engineering, procurement and construction) contract against 5-6 for each tender in the BOT (build, operate, transfer) segment.
Tweet: Should have made headline news: On Mon India launched ISRO’s GAGAN (GPS Aided Geo Augmented Navigation) a much-enhanced aviation nav system.
GAGAN takes to the skies
The launch of the ISRO-developed aviation navigation system at a cost of R774 crore, GAGAN, is aimed at making airline operations more efficient as well as increasing air safety and fuel efficiency.
Tweet: ToI headline: “Indian roads deadliest in 2014 claiming on average 16 lives every hour.” Design deficiencies, rash driving & traffic mngmnt.
India’s killer roads
According to data released by the National Crime Records Bureau, over 1.41 lakh people died in road accidents in 2014. Over-speeding accounted for about 1.7 lakh crashes and nearly 49,000 deaths.
– Vinayak Chatterjee is Chairman of Feedback Infra
His Twitter handle: @Infra_VinayakCh
A weekly compilation of the author’s tweets— with a brief
backgrounder—in the infra space, by Adite Banerjie