Sector Infrastructure - Latest news, views and updates

Infrastructure

Sector

Watch

Infrastructure

SECTOR | 23 Jul 2024

Govt proposes to set up e-commerce hubs to promote exports in PPP mode

Business Standard

The government on Tuesday announced setting up of hubs to promote exports through e-commerce medium in public-private-partnership (PPP) mode. Finance Minister Nirmala Sitharaman said that these hubs, under a seamless regulatory and logistic framework, will facilitate trade and export-related services under one roof. "To enable MSMEs (micro, small and medium enterprises) and traditional artisans to sell their products in international markets, e-commerce export hubs will be set up in PPP mode," she said. Commerce Secretary Sunil Barthwal has recently said that a regulatory framework to push the country's exports through e-commerce medium is expected to be ready by September. At present, India's exports through this medium are only about USD 5 billion compared to China's USD 300 billion, annually. There is a potential to take it to USD 50-100 billion in the coming years. Through these hubs, small producers will be facilitated to sell to aggregators and then that aggregator will find

Infrastructure

SECTOR | 23 Jul 2024, 10:11AM

Major Port Authorities Act, 2021, enhanced efficiency and governance of Major Ports: Economic Survey 2023-24

Business Line

The legislation empowers these ports to perform with greater efficiency on account of increased autonomy in decision making and by modernising their institutional framework

Infrastructure

SECTOR | 21 Jul 2024

379 students enter India from Bangladesh via Tripura border in last 2 days

Business Standard

Altogether 379 students entered India in the last two days from violence-hit Bangladesh through integrated check posts in Tripura, a Border Security Force official said here on Sunday. Of the total returnees, 365 crossed over the international border on Saturday and four on Friday, he said. The returnees include three Nepalese students. A total of 379 students entered India in the past 48 hours from violence-hit Bangladesh through check posts at Srimantapur in Sepahijala and Agartala (Akhaura) in West Tripura, and more are expected to return on Sunday," the BSF official said. According to him, students, who are stranded in Bangladesh's Brahmanbaria and Dhaka, are expected to return on Sunday. Land Ports Authority of India (LPAI), Agartala, Manager Debasish Nandi told PTI, Our facilities are open on Sunday for the people, including students, who want to return home. The ICP Agartala remains open till 11 pm to receive the students stranded in Bangladesh." BSF, Tripura Frontier,...

Infrastructure

SECTOR | 19 Jul 2024

Odisha FPOs start exporting mangoes, fresh vegetables

Business Line

Nabard, Apeda and State Agri Department organise workshop for FPOs to enhance export potential

Infrastructure

SECTOR | 18 Jul 2024

ICRA Upgrades Rating On Adani Ports' Long-Term Bonds

NDTV Profit

The ratings consider the healthy profitability metrics and large cash accruals which enable the company to maintain a comfortable liquidity position.

Infrastructure

SECTOR | 17 Jul 2024

Shares Of LIC, SBI Life Outrun Peers Due To Exposure To India's Infra Sector

NDTV Profit

LIC's stock has gained nearly 79% from Rs 620 on July 18, 2023, to Rs 1,109.15 at the closing on Tuesday.

Infrastructure

SECTOR | 12 Jul 2024

Adani Ports MD Karan Adani on Vizhinjam International Seaport

Business Line

Adani's strategy is to make India a hub on the international trade route

Business Line | 12 Jul 2024 3 more

Infrastructure

SECTOR | 12 Jul 2024

Nabard arm launches Rs 750 cr agri fund to finance startups, rural cos

Business Standard

National Bank for Agriculture and Rural Development (NABARD) on Friday said its arm has launched a Rs 750-crore agri fund for startups and rural enterprises. The fund called 'Agri-SURE' is announced by NABVENTURES, a subsidiary of NABARD, with an initial corpus of Rs 750 crore with Rs 250 crore each from NABARD and the Ministry of Agriculture, and Rs 250 crore from other institutions. This fund aims to promote investment in innovative, technology-driven, high-risk, and high-impact activities in agriculture and allied areas, NABARD said in a statement. Managed by NABVENTURES, a wholly-owned subsidiary of NABARD, the fund is structured to support approximately 85 agri startups with investment sizes of up to Rs 25 crore each by the end of its term, it said. The fund will provide support through investments in sector-specific, sector-agnostic, and debt Alternative Investment Funds (AIFs), as well as direct equity support to startups, it said. Agri-SURE's focus areas include promoting

Nabard launches 750-cr fund to invest in agri, rural start-ups

Business Line | 12 Jul 2024

Infrastructure

SECTOR | 11 Jul 2024

Phase 1 of Bhogapuram Airport will be ready by 2026: Naidu

Business Line

The project is to be implemented on the Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis

Infrastructure

SECTOR | 10 Jul 2024

India raises seafarer abandonment crisis at IMO; secures seat at council

Business Standard

India has called for effective measures to resolve the issue of seafarer abandonment and ensuring the safety of maritime workforce, an official statement said on Wednesday. A high-level Indian delegation led by Ports, Shipping and Waterways Secretary T K Ramachandaran raised the issue at the 132nd session of the Council of the International Maritime Organization (IMO) in London. In recognition of its continued commitment to address seafarers' issues, India secured its position as one of the eight governments representing IMO in the joint tripartite working group, it said. "India, an elected member of the IMO Council in the category of countries with the largest interest in international seaborne trade, emphasised the urgent issue of seafarer abandonment," the statement said. The delegation pointed out that despite efforts, there are 44 active cases involving 292 Indian seafarers, the statement added. "India's strong stance on the need for effective measures and oversight to resolv