India Developing, but still a long way to go

[MohitV]

seems like this is the most watched thread on pdf :p

 

[Bombaywalla]

Chhatrapati Shivaji International Airport, Terminal 2

cc: Abhijit Bhatlekar

cc: Swati Khandelwal

cc: Jitesh Kondawale

cc: Kriitika Kamat

 

[Soumya_india]

I know that is old news,but still it is great news..

Direct train from Tripura to all cities in two years

AGARTALA: Direct train service from Agartala to all metropolitan cities of the country via Guwahati would be introduced by 2015, NF Railway sources said.

"Gauge conversion is continuing in full swing from Lumding in Assam to Kumarghat in Tripura via Badarpur and would be completed by March 2015. Tracks from Kumarghat to Agartala is presently at narrow gauge, but lines were laid in broad gauge format and it would take very little time to convert in broad gauge," DRM of NF Railway, Rakesh Kumar Goel said.
He said, the train will reach up to Udaipur, the headquarters of Gomati district by the same time.

State government officials said acquisition of land up to Udaipur, about 55 KM from here, has been completed and the process for land acquisition up to Sabroom, a border town in south Tripura district, has been started.

N F Railway sources said, extension of rail line up to Sabroom would be completed by 2016.

The distance between Sabroom and Chittagong port in Bangladesh, considered to be the best port in South-East Asia is just 75 KM and if the railway is extended up to Sabroom it would boost trade between the neighbouring country and India's North-East.
http://articles.economictimes.india...1_sabroom-south-tripura-district-direct-train

 

[Abingdonboy]

I guess India's finical capital deserved a world-class airport terminal but I have to say I am more than a little taken aback by the T2, it is spectacular!

 

[Abingdonboy]

Reviving economy: PM’s rescue mission salvages 125 projects worth Rs 4 lakh crore

- $ 80 - 100 Billion or nearly $ Trillion in PPP

NEW DELHI: Prime Minister Manmohan Singh's big idea to revive the economy by fast-tracking long-delayed major investment projects through special interventions by the Cabinet Committee on Investments (CCI) completed a year on Thursday, having salvaged nearly 125 projects worth over Rs 4 lakh crore from layers of red tape.

For India Inc, this has been one of the most positive developments in recent months even as the economy continued to slide ..

Read more at:
Reviving economy: PM’s rescue mission salvages 125 projects worth Rs 4 lakh crore - The Economic Times
DMIC project will be delivered on schedule: Amitabh Kant
January 02, 2014 13:20 IST

Downplaying concerns of delay, Amitabh Kant, managing director of Delhi-Mumbai Industrial Corridor Development Corporation (DMIC), says the project will be delivered on time.

In an interview with Nayanima Basu, he says most of the issues concerning regulatory hurdles and land acquisition have been sorted out. Edited excerpts:

It has been almost seven years since the DMIC was conceptualised by former commerce minister Kamal Nath, later approved by the Cabinet in 2011. However, it seems it has not taken off the way it was expected. What has gone wrong?

Please do not ask us to rush in an unplanned manner. We are going about the project systematically. The timeline laid down by the Cabinet for development of the first phase of the seven new industrial cities is 2019. We are well on schedule. In fact, we are ahead of schedule in Gujarat and Maharashtra.

These are new industrial cities of the size and scale of Singapore. They require extensive planning, detailed engineering of trunk infrastructure, environmental approvals, and land pooling procurement by the state government concerned.

There is no legal framework for development of new cities in India. We had to finalise Share Holders’ Agreement and State Support Agreement and get the State Acts amended so that the city SPVs (special purpose vehicles) have the powers to levy external and internal development fee and user’s fee. All across the world, new cities have taken three decades to develop, grow and evolve.

In India, we rush up with planning, engineering and execution all at the same time and make a mess of things. This is a unique opportunity for India to undertake sustainable urbanisation and use smart technology to leapfrog. We are confident of delivering on schedule in accordance with the timeline laid down by the government.

The DMIC has been portrayed as a symbol of Indo-Japanese strategic collaboration. However, the Japanese government seems no longer interested with it due to several regulatory issues...

The DMIC project is a partnership project between India and Japan, being driven at the level of prime ministers of the two countries. If Japan was not interested, why would JBIC (Japan Bank for International Cooperation) take 26 per cent equity in DMIC and the Japanese government create a $4.5-billion facility for DMIC project.

In fact, based on the progress made in DMIC, the Japanese government has decided to partner India in the Chennai-Bangalore Industrial Corridor project as well. There are regulatory issues, but we have overcome them in most of the cases. There will be challenges, but we must address them and move ahead.

It seems financing of the project has got stuck with delay in release of funds from Japanese side. Is that true?

This is not true. The finance minister, in his Budget speech has said resources would never be a constraint for the DMIC project. The government has approved an outlay of Rs 18,500 crore (Rs 185 billion) for creation of trunk infrastructure.

Land is being provided by the state governments. The Japanese government has approved $4.5 billion for non-commercial projects through Japan International Cooperation Agency (JICA) and commercial lending through JBIC. I also feel Japanese companies should not be risk-averse and must take more risks.

The project also got marred due to several objections to acquisition of land... State governments have used extremely innovative processes for land pooling and procurement. In Gujarat, almost 920 km is being taken through a process of town planning, with the participation of the local community.

In Shendra, Maharashtra Industrial Development Corporation has taken land through an extensive process of negotiation, rehabilitation and resettlement. In Rajasthan and Haryana, resettlement and annuity have been used.

Getting land will be through a process of negotiation and deliberations with the land owners, making them an integral component of the developmental process and skilling them for manufacturing, so that they can move to new jobs rather than live on disguised unemployment in agriculture.

The states have put in a lot of hard work at the grassroot level (by) interacting with the local communities. The new Land Acquisition Act has laid down a vast number of processes for social impact including clearances by several committees. These will need to be eased to make the corridor projects move faster.

Now with the impending elections, will it be given its due importance in case the present government changes and a new one comes in?There has been complete unanimity on the imperative need for the industrial corridors across political parties. The opposition-ruled states - Gujarat and Madhya Pradesh -have been extremely pro-active.

I am sure the new government in Rajasthan will drive it vigorously. Uttar Pradesh was a slow starter, but it has now gained full momentum. Irrespective of the elections, the country requires manufacturing and creation of jobs for its young population.

We need job enhancement and not job-protecting measures. India needs not merely the Delhi-Mumbai Industrial Corridor, but also the Chennai-Bangalore, the Bangalore-Mumbai and the Kolkata-Ludhiana corridors.

This will, however, require a lot of political and administrative will as these are complex projects cutting across states.

What is the status of the project at present? Is it true the government has decided to break it into several minor projects?

Any large programme of this nature has to be driven down into smaller projects. DMIC was broken down into seven cities. These cities were planned and then broken into non-commercial trunk infrastructure and commercial PPP (public-private partnership) projects.

In the first phase, detailed engineering of trunk infrastructure is being carried out. You cannot create a new city without a backbone. You cannot bring in private parties without all clearances and approvals and without trunk infrastructure. It will become a complete real estate play. This is a long-term play.

^^^

A $ 100 Billion or over $ 1000 Billion ($ Trillion re: input variables like labour, concrete, steel, cement, sand, even land being 10-25 times cheaper, PPP terms).

What a stupid "journalist" nearly every question asked was wrong or ill-informed. Just pathetic.

 

[patentneer]

BBC: Bollywood: The Casting Couch

 

[patentneer]

I guess India's finical capital deserved a world-class airport terminal but I have to say I am more than a little taken aback by the T2, it is spectacular!

Fine, I'll be happy when railway stations and bus termini start looking like this. It's happening south side of India, and China. No reason why this PPP model can't be mapped on to said stations, termini. I believe it's underway like BEST's Kurla Depot, Mumbai, yeah:

"India's IT-business process outsourcing (BPO) industry revenue is expected to cross US$ 225 billion mark by 2020, according to a Confederation of Indian Industry (CII) report, titled 'The SMAC Code-Embracing New Technologies for Future Business'."

- http://IT Industry in India, Indian Information Technology, ITeS Sector, Services

 

[TheGujju]

Looks like the ignorant mullahs are finally keeping away from this thread. Guess they got tired of barking

 

[patentneer]

Unoffical render of Wadala (used to be oil tanking, truck and pit stop) Biz District, Central Mumbai

Above, Work -in-Progress

http://imagizer.imageshack.us/v2/1024x768q90/856/mflz.jpg

 

[TheGujju]

Unoffical render of Wadala (used to be oil tanking, truck and pit stop) Biz District, Central Mumbai

Above, Work -in-Progress

http://imagizer.imageshack.us/v2/1024x768q90/856/mflz.jpg

I never knew this was U/C fantastic patentneer!

 

[patentneer]

Thanks, the render is the tip of the iceberg.

All those empty places in between, and then x 10 times more land is used for oil tanking, crude oil ogistics and refineries. Right next to the city proper, South Mumbai !

 

[WAR-rior]

Awesome Introduction by GVK for Mumbai Airport T2
Have You Seen The Brand New Terminal T2 At Mumbai Airport? If Not, Be Prepared To Go WOW.

 

[Water Car Engineer]

Awesome Introduction by GVK for Mumbai Airport T2
Have You Seen The Brand New Terminal T2 At Mumbai Airport? If Not, Be Prepared To Go WOW.

Excellent.

Proud of GVK and L&T.

Peacock feather inspired

 

[WAR-rior]

Excellent.

Proud of GVK and L&T.

Peacock feather inspired

The best part is, its completely indegenous without an inch of import and what we get is an international quality beauty. Now I am convinced that India can take China's place coz we can 'build' which is the quality Chini are known for. And with tym we will build more and better. Bottomline is, MUMBAI 'IS' GONNA BECOME A SHANGHAI.

 

[liall]

The best part is, its completely indegenous without an inch of import and what we get is an international quality beauty. Now I am convinced that India can take China's place coz we can build which is the quality Chini are known for. And with tym we will build more and better. Bottomline is, MUMBAI 'IS' GONNA BECOME A SHANGHAI.

MMMM there were a lot of imports in making T2. I do not think it was the technology but the Chandeliers are imported from Europe. There could be other imports as well but I am not really sure.