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On 16 August, the Union Cabinet has approved a new Metro Rail Policy which seeks to enable realization of growing metro rail operations in large number of cities in a responsible way. Salient Features The salient features of this policy are as follows: It opens a big window for private investments in metro operations by ..
A port works not only as a node in the entire transportation network but also as an economic unit that provides a transfer service. In competitive environment, the ports not only compete on the basis of this service amount called “throughput” but also on their location and operational efficiency. Apart from the throughput, the two ..
In the month of September, 2016, the Indian Railways came out with the policy of Dynamic Pricing. Under this policy, the fares of the railway tickets are to increase by 10 per cent after every 10 per cent of berths or seats being sold. But a cap of 50 per cent has been put on ..
Transshipment refers shipment of containers to an intermediate destination for loading to other ships bound to other destination. It is a normal part of international business and is done every day to change the means of transport in multimodal transport and consolidate smaller shipments into a large shipment or vice versa. The container transshipment terminal ..
United Nations had observed as late as in 2007 that humanity will reach a significant demographic milestone, wherein for the first time in history more people will live in cities than the countryside and by 2030, over 60% of people will live in cities. The growth rate is particularly rapid in many of the so-called ..
It has been observed that the growth of urban infrastructure does not match with the growth of urban population. Some striking facts about the challenges of urban infrastructure are as follows: Status of drinking water supply, public transportation, sewage and solid waste management is much lower than desired. No city has fully covered 24×7 water ..
On 22 February 2016, Prime Minister Narendra Modi launched the National Rurban Mission (NRM) from Kurubhat in Rajnandgaon district of Chhattisgarh. The mission, also dubbed as “Shyama Prasad Mukherjee Rurban Mission” (SPMRM) aims to spur social, economic and infrastructure development in rural areas by developing a cluster of 300 Smart Villages over the next 3 ..
The National Investment and Infrastructure Fund (NIIF) was proposed in Union Budget 2015. In the last week of December, the government has set up this Rs. 40000 crore fund to provide long term capital for infrastructure projects. Objective The objective of NIIF is to maximise economic impact through infrastructure development in viable projects both greenfield ..