23 May 2018

Maharashtra Mulls New Public-Private Partnership Policy For Affordable Housing

The Maharashtra government is planning a new policy under the public private partnership model in a bid to boost affordable housing in the state. Under the policy, the state government will acquire land parcels in the Mumbai Metropolitan Region – comprising of state capital Mumbai and its satellite towns –

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23 May 2018

Mongolia kicks off economic forum on public-private partnership

The 2018 Mongolia Economic Forum kicked off here Monday, with the aim of boosting the country’s economic development through public-private partnerships. “We have to consolidate our views on development policies. The public-private partnership is very important for the development of the economy,” said Mongolian Prime minister Ukhnaa Hurelsukh at the

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16 May 2018

S. Korea to collect big data to develop personalized medicines

South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, research

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16 May 2018

Cabinet approves Rs 5,000 crore fund through NABARD to promote irrigation

The allocation of Rs. 2,000 crore and Rs. 3,000 crore will be utilised during 2018-19 and 2019-20 respectively. The Union Cabinet on Wednesday approves corpus of Rs .5,000 crore for setting up of a dedicated “Micro Irrigation Fund” (MIF) with NABARD under Pradhan MantriKrishiSinchayeeYojana (PMKSY). The allocation of Rs. 2,000

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16 May 2018

Public-private partnerships: Pakistan, ADB agree to push for more investment

The Asian Development Bank (ADB) and the government of Pakistan have agreed to chart new ways to pursue more robust and inclusive ADB investments in Pakistan. In this regard, public-private partnerships (PPPs) will be scaled up to tap private sector resources and meet the country’s rising infrastructure development needs. The

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10 May 2018

Crowding in Asia’s private sector to accelerate infra development

In The world of infrastructure, the funding deficit is a well-established fact. Asia needs US$26 trillion (Bt835 trillion) by 2030 for new buildouts, and Africa requires US$93 million a year to scale up projects. Much of the money has so far come from direct government financing or funding support from

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08 May 2018

SkyPower signs PPA with Uzbekistan for 1GW solar energy

Canada-based utility-scale solar power plant developer SkyPower has signed a new power purchase agreement (PPA) with the Government of Uzbekistan for the proposed 1GW of solar plants to be built in the country. Under the terms of the deal, SkyPower will sell power generated from the new solar power plants,

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08 May 2018

More cities getting into smart cities mission mode: Hardeep Puri

Puri said that about 400 projects valued at Rs 20,000 crore are in tendering stage, which would be settled over two to three months The value of projects under implementation under the Smart Cities Mission has increased almost four times from about Rs 8,000 crore to over Rs 30,000 crore

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07 May 2018

Govt plans to rope in private players to help run PF, insurance schemes: Report

At present, trade unions backed the idea but are sceptical that involvement of private players may lessen the benefits to its subscribers under these flagship schemes The Narendra Modi-led government is weighing the option of bringing in private players to run the Employees Provident Fund Organisation (EPFO) and Employees State Insurance

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04 May 2018

Centre okays Rs 50,000 crore for developing Purandar and five other greenfield airports

On April 23, the steering committee of the greenfield airports, appointed by the central government, had cleared the site clearances Purandar airport. Days after the Centre approved the last site clearances for the proposed Purandar international airport near Pune, the central government has now announced that it will invest in

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