Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Union Budget

| More

Budget 2017 - Infrastructure sector - Centrum Infrastructure Advisory Limited

Posted On: 2017-02-01 21:15:44

Sandeep Upadhyay, Managing Director & CEO - Centrum Infrastructure Advisory Limited

The attempt to catalyse the economic growth through core sectors like Infrastructure and Defence was evident in the FM's speech. Within the Infrastructure sector the focus continues to be on pushing Capital expenditure in the transportation sector with major impetus of railways.

Addition of low cost housing within the gamut of Infrastructure sector was much anticipated and is a welcome move. However one was expecting much needed reduction in MAT rate which seems to have been side-lined with minor iteration on which details are further awaited.

Given the steep target the NDA government has set for itself in the roads sector and considering subdued interest evinced from private players to take up financing risk for green field projects I was expecting a significant increase in the budgetary allocation which was missing to some extent suggesting that perhaps Government still continues to believe that a large corpus of development funding could be accessed through alternate funding channels like Infrastructure Investment Trusts (InvIT), foreign sovereign & pension funds and new project roll out frameworks including Toll Operate Transfer (TOT) etc.

To complement the moderate increase in the budgetary allocation, it also seems there is increasing dependence on some of the development bodies like NHAI and institutional financing agencies like PFC, IREDA etc to raise funds through the bonds and public market route which have been relatively slow to respond so far.

While the progress on PMGSY and target set for rural electrification is commendable, Unlike the previous two budgets during the current NDA regime there were no announcements of block buster projects. However the pace of rolling out the infrastructure projects including the need of single window clearance and implementing reforms in the PPP framework and dispute resolution with the Contractors is where the respective authorities really need to focus to accelerate growth in the infrastructure sector.

Overall the budget speech concerned to infrastructure sector is progressive and in line with the industry expectation though it was clear that the priority was to prove a point on the political reforms and uplifting the rural and agricultural sector.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Post budget reaction - Mr. Mayur Gandhi, Chief Financial Officer, Schenker India Pvt. Ltd.
Union Budget Reaction - Mr.N.K.Prasad, President and CEO, CAMS
Don't be in a hurry to book profits, further steam left in the market: Angel Broking
Lords Hotels & Resorts on Union Budget 2017
Union Budget Reactions from Restaurateurs in Mumbai
Twitter records over 700K Tweets with #Budget2017
Budget reaction - Fintech sector - AGS Transact Technologies Limited
Post-Budget View - DTDC Express Limited
Budget reaction - Mahindra Lifespace Developers Limited
Post Budget Reaction - Haier India
CNBC-TV18 Mint Budget Verdict' brings India's policy makers
Comments on Budget 2017 - Mr. Kamlesh Patel, CMD, Asian Granito India Ltd
Post Budget Quote on Healthcare sector - Dr. P. M. Bhujang, President, Association of Hospitals
Union Budget 2017 Reaction - Mr Kamal Nandi, Business Head & EVP, Godrej Appliances
Budget Reaction - Mr Pirojshaw Sarkari, CEO, Mahindra Logistics
Realty Sector Hails The Union Budget 2017 - 18
4 ways the Budget 2017 will benefit Startups - Mr. Sujayath Ali, Co-founder and CEO, Voonik
Union Budget - Reaction - Ecommerce, Travel, Fitness, Cosmetics
Union Budget announcements for Pharma Industry - Khaitan & Co.
Budget Reaction - Khaitan & Co. on Ecommerce and FIPB abolished
Post Budget Reaction - Pradeep Dadha, CEO and Founder, Netmeds.com
Post-budget reaction - Mr. Parth Nyati, COO, TradingBells
Post Union Budget reaction - Mr. Abnish Kumar Sudhanshu, Amrapali Aadya Trading & Investments
Union Budget 2017-18 - Fiscal Prudence combined with Thrust on Rural, Infra & Housing - Reliance Securities
Budget Reaction: Logistics Industry - Anjani Mandal, CEO, Fortigo Network
Reaction on Budget - Radhika Rao, Economist DBS bank
Post-budget reaction - Mr. Mustafa Nadeem, CEO, Epic Reseach
A disciplined and sensible budget; rural, housing and consumption sectors get major boost: Angel Broking
Post Budget Reaction - Anshul Mittal, Co-Founder, Konsult
Budget Reaction - Travel and Tourism - RCI India
Budget Reaction - Manufacturing Industry - K. Madhavan, MD, Peps Industries
Budget Reactions - Mr Himanshu Pujara, Managing Director, Euronet Services India Pvt Ltd
Union Budget 2017 - Mr. Manu Agarwal, Founder & CEO of Naaptol
Budget 2017 Reaction - Videocon
Post Budget Reaction - Education / Startup sector
Budget Reaction - Mr. Amit Modi, Director, ABA Corp and Vice President CREDAI Western UP
Post Budget Reaction - Mr. Vikas Khanvelkar, Managing Director, DesignTech Systems Ltd.
Technologies for Skills Development - Union Budget Reaction from eLearning sector - Skillsoft India
Union Budget 2017 Reaction - Truebil - Shubh Bansal - Co-founder and Chief of Marketing
Budget Reaction - Amitabh Chaudhry - Managing Director and Chief Executive Officer, HDFC Life
Budget Reaction - Rushabh Gandhi, IndiaFirst Life Insurance
Post Budget Reaction: Talentedge Ed-Tech firm
Union Budget 2017 - Sameer Segal, Founder and CEO - Artoo
A Budget less on Micro economics and more on Macro economics - Ms. Debadutta Upadhyaya - Co-founder, Timesaverz.com
Taking Ease of Doing Business from India to a Digitally Healthy Bharat - Dinesh Agarwal, Founder and CEO,IndiaMART.com
Budget 2017 seems to be positive for skill development - Mr. Dinesh Goel,Co-Founder & CEO, Hunarr.co.in
Budget measures aimed at empowering women Ms. Neha Bagaria,Co-Founder & CEO, JobsForHer
Hero of Budget 2017 is rural sector - Mr. Vishwavijay Singh, Co-founder, SaleBhai.com
Union Budget View - Mr. Sunil Gupta, Founder & Director, ExportersIndia.com
Budget 2017 - Ms. Sangeeta Banerjee - Co-Founder & CEO - ApartmentADDA


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017