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The latest change in foreign direct investment (FDI) norms linked to the construction sector might help attract private players to the government’s ambitious smart city project. Since the Centre has allocated only Rs 500 crore per city under the...
Article - 11/15/2015
Active Region(s): India
Category: Economic development, Computing resources, Finance and procurement, Policy and leadership, Financing and procurement tools
(Image source: ADB India website)The Asian Development Bank (ADB) and the government of India signed a $ 200 million loan agreement to support lending by the Indian Renewable Energy Development Agency (IREDA) to eligible renewable energy sub-...
Article - 10/31/2015
Active Region(s): India
Category: Built environment, Energy, Finance and procurement, Financing and procurement tools
Madhya Pradesh seems to be all set to receive a deluge of funding from Japanese firms in core infrastructure projects following a 10-day trip by the chief minister Shivraj Singh Chouhan, to Japan and South Korea.During his visit, the minister met...
Article - 10/11/2015
Active Region(s): India
Category: Economic development, Payments, Computing resources, Finance and procurement, Financing and procurement tools
The Indian government has announced Rs 48,000 crore for the transformation of smart cities, clearly it is not enough. Taking into account the huge resource requirement for Smart Cities Mission and AMRUT, the Urban Development (UD) Ministry is...
Article - 09/08/2015
Active Region(s): India
Category: Finance and procurement, Financing and procurement tools
Haryana has emerged as the largest recipient of investment, both domestic and international, with cities like Gurgaon, a major hub for the information technology and automobile industries, and many other industrial hubs. The Haryana government is...
Article - 09/07/2015
Active Region(s): India
Category: Finance and procurement