Budget 2014
Railway Budget 2014 : Diamond Quadrilateral Project
The groundwork for the development of this project was initiated during the previous decade during the regime of the UPA government. It involved the conceptualisation of the western and eastern railway corridors. As an initial move, work was initiated on the western corridor linking Delhi with Mumbai, employing Japanese technology and funding. The ‘diamond quadrilateral’ […]
Budget 2014: PPP Model in Infrastructure
Union Budget Proposals regarding PPP In his Union Budget speech, the Finance Minister Arun Jaitley stressed that various major projects would be undertaken under the PPP mode. He emphasised that there is a need to develop more sophisticated models with quick redressal mechanism in PPP contracts. As stated by him, India has emerged as the […]
