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Ministry of Finance

Dependence on banks for infra project finance costly

Dependence on banks for infra project finance costly
Impacting the finances of banks and infrastructure developers, infrastructure development, which should have been funded by the corporate bond market, was done through banks. Krishnan said at a CII event on corporate bond market, “From the first three pillars, the corporate bond market will develop high-grade instruments, whereas the fourth pillar would provide stability to [...] Continue Reading »

Road Regulatory Authority proposal hit roadblock

Road Regulatory Authority proposal hit roadblock
Finance Ministry sought a major revision to the draft proposed by the Roads Ministry regarding the formation of a Road Regulatory Authority. The role of such a regulator is to sort out issues between private road developers, National Highways Authority of India and Ministry of Roads, Transport and Highways, and ensure smooth functioning of road [...] Continue Reading »

Delhi farmers upset over land bill

Delhi farmers upset over land bill
Delegation of Delhi farmers has met Union Rural Development minister Jairam Ramesh to convey their disappointment on the systematic watering down of a draft of the Land Acquisition Bill by the Group of Ministers. More than 300 special economic zones have come up on the fertile land of the farmers and they are not been [...] Continue Reading »



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