Only the projects that were sanctioned till March 2012 under JNNURM have got the two-year extension for completion up to March 2017
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The US government and American companies willing to help but lack of clarity on funding of smart cities is seen as a major obstruction, says US Ambassador
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The Committee has suggested to establish urban transport as a state subject and develop formal mechanisms for state participation in decisions about initiation, siting, size and other aspects of airports and rail-based transport
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The Committee has suggested to establish urban transport as a state subject and develop formal mechanisms for state participation in decisions about initiation, siting, size and other aspects of airports and rail-based transport
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The state's September 2015 investors meet will have twelve focus areas, including automobiles and auto components, aerospace, infrastructure, renewable energy and IT/ITeS
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Measures like ease of FDI norms, liberalisation of ECB policy and incentives to promote REITs and InvITs can revive project funding for construction sector
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Chief Minister Devendra Fadnavis has directed the Brihanmumbai Municipal Corporation (BMC) to prepare a fresh plan within four months
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The model is a mix of EPC and BOT formats, with the government and the private enterprise sharing the total project cost in the ratio of 40:60, respectively
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