Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: TDS :: articles on VAT and GST in India :: form 3cd :: cpt :: due date for vat payment :: VAT RATES :: ACCOUNTING STANDARDS
« News Headlines »
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest
 Big changes for small units under GST
 Parliament’s winter session to begin on November 16 to expedite GST rollout
 Income-tax (27th Amendment) Rules, 2016 - 92/2016
 Announcement - Clarifications in Respect of MEF 2016-17

Centre fine-tunes MCA to woo foreign investors
November, 01st 2006

Gears up to put infrastructure growth on fast track

The government is further fine-tuning the model concession agreement (MCA) and making changes in its policy framework to attract foreign investment to finance mega infrastructure projects, said Shri Gajendra Haldea, adviser to the deputy chairman, Planning Commission.
The government felt that absence of transparent policies and regulations and also the nature of projects offered for public-private partnership (PPP) kept away many big foreign players from investing in projects here.

To help garner necessary funds to fill the critical gaps in infrastructure, the government will also consider sending copies of the MCA to embassies.

Haldea said the PPP Appraisal Committee (PPPAC) is likely to give clearance to about eight highway projects in its meeting scheduled for November 1. The projects will cost around Rs 200-1,000 crore each.

Widening of the existing two-lane carriageway of the Bangalore-Hoskate-Mulbagal section of NH-4 in Karnataka to 4/6 lane divided carriageway configuration and 6/4 laning of Zirakpur-Parwanoo section of the NH-22, including the Pinjore-Kalka-Parwanoo bypass, in Punjab, Haryana and Himachal Pradeshboth on BOT basis under the National Highway Development Programme phase IIIare expected to be cleared in the meeting. The projects have four and three bidders, respectively.

The committee takes about a months time to clear any infrastructure project, and the PPPAC is strictly adhering to the time-frame, Haldea said, adding the committee has already cleared one project each in the ports and highway sectors. There are about 16 such proposals awaiting PPPACs approval.

To place the entire exercise of infrastructure development on fast track, structural changes are in process. Haldea said it was due to these changes that many of the ministries and departments appeared to be in loggerheads over issues like financing and procedures to be followed.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions