RTTNews - Prime Minister Manmohan Singh expressed confidence that Indias economy would grow by 8.5% during the next fiscal and would accelerate to 9% in the following year from an estimated growth of 7.2% this fiscal.
He said this while inaugurating the conference on “Building Infrastructure : Challenges and Opportunities” hosted by the Planning Commission in New Delhi [...]
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India Cuts Road, Ports Investment Targets as Projects Delayed
March 23 (Bloomberg) — India, ranked below war-ravaged Ivory Coast and Sri Lanka for the quality of infrastructure, lowered its target for spending on roads and ports after failing to complete planned projects.
Projected investment in docks, cranes and wharves may reach 407 billion rupees ($8.9 billion) in the five years ending March 2012, half the [...]