SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 26 Sep, 2014  

infradevTHUMB.jpg Cabinet Committee on infrastructure - one too many?

Infrastructure.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
Bikky Khosla | 14 Jul, 2009
The Budget has been announced and the postmortem is over. We gained some, we lost too. But now we need to carry on. The government too needs to do its bit. I think attaching topmost priority to the infrastructure sector and Prime Minister Manmohan Singh constituting a high-level Cabinet Committee on infrastructure is a good move.

This will hopefully put the implementation of the various infrastructure sector projects on the fast track and will help monitor the performance of various agencies involved. If we consider the SMEs, lack of proper infrastructure - especially energy, railways, roads and national highways, ports, airports, telecommunications, information technology, etc. - is a major concern.

This is underscored by a new survey by the research arm of Moody's which has said that the country's "infrastructure development is likely to be one of the key drivers of industrial activity, which will see an upturn in a few months".

It's an undeniable fact  that for long inadequate roads, ports and railways have long held India back from realizing its full growth potential. Now there is hope at the end of the tunnel. However, monitoring of the infrastructure projects needs to be stringent and sans delays. Usually infrastructure projects are mired by corruption and delays and the fact that infrastructure committees have been around for years without much sheen, the newly-formed committee needs to shed its earlier tag and work on  a war footing.

However at a given point of time, there are as many as 1,500 projects being implemented simultaneously and expecting the newly-formed committee to look into all these projects (which are above Rs 150 crore) and their problems is a Herculean task which makes me wonder how it is going to make it happen.

Let's just hope that it does not die an untimely death as have earlier committees!
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

INFRASTRUCTRE
AJIT SINGH KHOSLA | Wed Jul 15 05:49:35 2009
Time has come that we should now focus on our rural area our cities are busting at seems instead of spending crores on cities we should start developing our rurals we the movement back to village( gaon wapas chalon) thousands of people are coming to cities daily if they get just 10% of infrastrure what they are going to get here they willhappily stay in villages so to all enterpenures go to villages .

  Re: INFRASTRUCTRE
Ashwin Bahl | Thu Jul 16 09:54:06 2009
Talking about infrastructure etc, one wonders when will we see an end to the dark ages Octroi system in Maharashtra, we in Mumbai face heavy delays and unnecessary paperwork and we are the commercial capital of India!! It is a bottle neck, with stranded goods, lorries, personnnel at all Check Naka points.Imagine the man hours loss, imagine the productivity loss, it is mind boggling. The State Government just seems to be unperturbed what the Industry, traders have been saying all along, GET rid of this archaic Octroi. I do not know how may expert Committees have been set up to look into this. It is a shame we are one of the few countries which still has this system.

  Re: Re: INFRASTRUCTRE
S.Sengupta | Wed Jul 22 11:02:55 2009
I fully agree with you. The "Check Naka" yields more by way of funds for the "Checkers" than the Octroi itself. That is why it is self-perpetuating !

  Re: INFRASTRUCTRE
Advocate Deepak Tiwari | Thu Jul 16 11:14:22 2009
By developing rural infrastructure you can just make some people stay back or come back to rural areas. Some sophisticated job opportunities still not be available in villages and crowd in cities could not be decongested. Making available of urbon facilities and amenities in rural areas, internet connections, etc. could make rural areas at par with urbon areas then only migration could stop.


 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter