2 record(s) found in 'September 2005'

As urban India grows and personal incomes rise, peoples' aspirations too rise. Owning a car is one of them. Providing for inexpensive private vehicles helps to bridge the mobility divide. Perhaps, these have influenced the FM to consider a reduction in excise duty for small cars. But would that be wise?

The new concession agreements for national highway projects, recently approved by the Cabinet, are both innovative and imaginative. They recognise some of the major obstacles that have stood in the way of furthering public-private partnerships in highway construction.