An all-India land stock taking exercise has been initiated to enable the government evaluate the total net worth of property that it owns.
PMO to be complimented for initiating a Land Census to find out how much land the Govt owns. Could have big monetisation potential too.
Government land stock taking under way
An all-India land stock taking exercise has been initiated to enable the government evaluate the total net worth of property that it owns. Prime land owning agencies—including Central Public Works Department, urban development ministry and Land & Development Office among others—have been asked to submit details of all government-owned property.
ISRO’s tremendous accomplishment shows India far ahead in Space Infra than Terrestrial Infra. Maybe we should involve ISRO on ground too.
Government land stock taking under way
An all-India land stock taking exercise has been initiated to enable the government evaluate the total net worth of property that it owns. Prime land owning agencies—including Central Public Works Department, urban development ministry and Land & Development Office among others—have been asked to submit details of all government-owned property.Space infra at a high
The Indian Space Research Organisation (ISRO) has emerged as a major player in the booming launch vehicle market. In a history making achievement, ISRO launched a record 104 satellites with its Polar Satellite Launch Vehicle (PSLV).
Budget allocates R9,000 cr for AMRUT + SmartCities vis a vis R7296 cr last year; be useful if Urban Min put out a 1/2 yearly Outcomes Report.
Smart cities’ roll-out on track
The Smart Cities Mission has approved projects worth R1,32,197 crore between January and December 2016 in the 60 cities that have been selected so far. Of these, 87 projects worth R5,768 crore are under execution in 20 cities (with eight projects already completed). Another 80 projects with an investment of R4,500 crore are close to being awarded.
Pune gearing up for d largest Municipal Bond issue of R2300 crores without state guarantee. Demonstrates possibility to other SmartCities.
Banking on bonds
The Pune Municipal Corporation’s (PMC) bond issue will be privately placed with both overseas and domestic investors. It plans to use the funds to build a 24/7 water supply project for the city.
Now imagine if UDAY scheme hadn’t been there? NPA burden of banks would have been substantially higher. Discom lending short of R5 lac cr.
UDAY’s helping hand for banks
Banks will not be required to make provisions for bad loans to the power sector in the next one year as more states join the Ujwal Discom Assurance Yojana (UDAY) scheme. This is expected to free up capital of around R20,000 crore.
You May Also Want To Watch:
Looks like heavy-duty impact expected frm NIIF watered down substantively. Plans to raise R8000 cr & fund R16,000 cr projects in 2017-18.
Worrying loss of tempo?! Govt supposed to infuse R20,000 crs into NIIF. But Budget allocation is now onlyR2000 crs across 2016-18.
Longer runway for NIIF
The government has lowered allocation for the National Investment and Infrastructure Fund (NIIF) from R4,000 crore to R1,000 crore in the revised estimate. Two years after the decision to set up the Fund, the NIIF is likely to sign funding pacts with three or four global investors by end-March.
Good initiative by @PiyushGoyal to setup a National Power Portal to ultimately embrace all the 110,000 electricity feeders. Foolproof data.
Ushering in transparency
A standardised system of calculating commercial losses in the power sector will be introduced from April onwards. The data on the power supply position and billing will be sourced directly from the feeders without manual intervention.
– Vinayak Chatterjee is Chairman of Feedback Infra
His Twitter handle: @Infra_VinayakCh
A weekly selection of the author’s tweets—
with a brief backgrounder—in the infra space, by Adite Banerjie