Infra sector has suffered in India due to under-investment: Amitabh Kant
The Dollar Business Bureau NITI Aayog CEO Amitabh Kant said on Thursday that the infrastructure sector in India has suffered on account of under-investment for a long time. Kant pitched for channelling pension and insurance funds to finance infrastructure projects and also to completely re-examine the scheme of Viability Gap Funding (VGF). “We need to build up environment to tap pension and insurance funds for investments in infrastructure projects. VGF scheme needs a complete re-examination,” he said at CRISIL India Infrastructure Conclave in New Delhi. Launched in 2004, VGF scheme meant to support infrastructure projects that come under the public-private-partnerships (PPPs). VGF means a one-time or deferred grant to support the projects that are economically viable but are not financially ...
PPPs, innovations and tech key to farming sector
The Dollar Business Bureau Union Agriculture Minister Radha Mohan Singh on Friday said that a substantial increase in productivity is the only answer to achieve food security in an efficient and sustainable manner. Speaking at the inauguration of India Seed Congress-2015 held at Agra, the Union Minister called for the adoption of appropriate technologies in the agriculture sector to overcome issues like droughts, floods, salinity, biotic and other abiotic stresses, among others. The Minister said that newer technologies like herbicide tolerance, drought tolerance, nitrogen use efficiency, and nutrition enhancement, when introduced commercially in India, will substantially increase productivity leading to greater farmer incomes and farmer well-being. The Union Minister further called for the active role of PPPs in introducing ...
