scholarly journals Infrastructure Development in India and the Role of Tax Incentives

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Niti Bhasin

The demand for infrastructural services has increased rapidly after industrial liberalisation of the Indian economy. Recent years have witnessed substantial progress from the old paradigm of public monopoly provision of infrastructure services to the new paradigm which also encourages private investment and provision of infrastructure services within a stable, predictable and commercially viable regulatory framework. The case for attracting FDI is also significantly strengthened through the provision of an adequate level of infrastructure. There is thus adequate economic rationale for encouraging the sponsorship of infrastructure projects and to facilitate investments in this sector. In this context, the provision of fiscal benefits implies a contribution from government that is supported by benefits accruing from the externalities of the project. In the absence of such contribution, the private investment flows may not take place at all. This paper looks at the types of tax incentives being offered in the infrastructure sector that can contribute to mobilising private resources in the financing of projects.

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Sunita Sharma

India today is plagued by inadequate infrastructure that struggles to keep up with an ever increasing population. This study highlights the importance of a new approach to infrastructure investment, through commercialization of infrastructure projects. This research paper attempts to study the international experience of Public Private Partnership (PPPs) in infrastructure programs and why India needs widespread use of PPPs and various public private initiatives in India. We also look at the performance of top fifteen companies that have adopted the PPP format. In addition, this paper identifies factors constraining private investment in the infrastructure sector, and gives suggestions for future rollout of PPPs.


2017 ◽  
Author(s):  
◽  
Shian Hemraj Saroop

There is a growing need for co-ordination of design, sustainability, economic and environmental aspects of infrastructure projects. The provision of civil infrastructure has a major impact on the natural environment and on the quality of life. A literature review conducted highlighted that infrastructure development was focused mainly on the financial and engineering aspects of projects. There is an urgent need to apply technologies and methods that deliver better and more sustainable performance of civil infrastructure as well as a need to establish a standard of measurement for greener infrastructure. The literature review revealed that the existing tools do not adequately rate and monitor civil engineering infrastructure design decisions from concept stage, through to detailed design and implementation. The objectives of the research were to identify green design technologies that can be used in township infrastructure and to encourage sustainable design on infrastructure township services, at various stages of the project. This would require the development of a green reporting system that incorporates environmentally friendly infrastructure design solutions. This study identified alternative eco-efficient civil infrastructure design solutions and developed sustainability criteria to analyse the eco-efficiency of infrastructure projects. The study proposed a Green Township Infrastructure Design Toolkit aimed at ensuring high-performance, eco-efficient, economical and environmentally friendly design decisions on stormwater, roads, water and sanitation related to township infrastructure projects. Various case studies were undertaken on a range of infrastructure projects to ensure consistency and reliability of the toolkit. Through a series of green reports, developed for each stage of a project, the toolkit measured the environmental efficiency of the design solutions. Recommendations suggest that engineering practitioners should endeavour to integrate greener engineering solutions into the traditional method of designing of infrastructure projects. The Green Township Infrastructure Design Toolkit with the use of its green reporting tools ensures the design of sustainable township infrastructure services, by progressively ensuring efficient, affordable, economical and sustainable provision of infrastructure services.


Author(s):  
Brian Nolan

Social investment has come to play a major part in debates about the role of social spending and the future of welfare states in Europe, in part because it has significant appeal to different audiences. This chapter argues that social investment can be seen as a (new) paradigm for social policies and spending, as a conceptual base and framework for analysis, and as a basis for political or rhetorical advocacy. There may, however, be a tension between these functions which needs to be recognized. This is brought out when one asks whether social investment can credibly be presented as the paradigm most likely to underpin strong job-friendly economic growth, and whether the distinction between social ‘investment’ and other social spending is conceptually and empirically robust. Finally, the chapter wonders whether focusing on that distinction, and on a narrowly economic rationale, is the most productive way to frame the debate.


2018 ◽  
pp. 906-924
Author(s):  
Indrani Basu

A modern economy is market focused. It is held that when a woman becomes a participant in the market on her own term as a rational economic agent she is empowered in an economic sense. It does not take into account the other spectrums of empowerment viz. gender political, cultural and like. A nation's infrastructure provides the basic scaffolding for development. The differences in how men and women use infrastructure services have important implications for sector policies, investment priorities, and program designs. This chapter will analyse how the infrastructure development programme as an economic process assist women to enhance capability of them within society and how its actual impact is mutually constituted by other non-economic social processes and make it an over determined matter. Our study has shown that adequate access of the social infrastructure services has fetched benefits for women and ensures empowerment of women.


Author(s):  
Krishna Somani ◽  
Dr. Ankita Singh Rao

Infrastructure is the basic requirement for development of any business or any city or country. The development of any civilization takes place when the infrastructure develops. In this paper the development in few sectors like finance, land acquisition and planning related to technologies, water, telecommunication, and energy are covered with the upcoming planning and strategies to solve the issues. If infra develops every sector of society will develop in every aspect. Government Infrastructure Projects (PPP), Government Infrastructure Projects (Traditional Procurement) and Private Sector Projects are serving in development in infrastructure. KEY WORDS: Infrastructure, private and public investors, India, technologies, water, telecommunication, and energy.


Author(s):  
Indrani Basu

A modern economy is market focused. It is held that when a woman becomes a participant in the market on her own term as a rational economic agent she is empowered in an economic sense. It does not take into account the other spectrums of empowerment viz. gender political, cultural and like. A nation's infrastructure provides the basic scaffolding for development. The differences in how men and women use infrastructure services have important implications for sector policies, investment priorities, and program designs. This chapter will analyse how the infrastructure development programme as an economic process assist women to enhance capability of them within society and how its actual impact is mutually constituted by other non-economic social processes and make it an over determined matter. Our study has shown that adequate access of the social infrastructure services has fetched benefits for women and ensures empowerment of women.


2019 ◽  
pp. 301-318
Author(s):  
Indrani Basu

A modern economy is market focused. It is held that when a woman becomes a participant in the market on her own term as a rational economic agent she is empowered in an economic sense. It does not take into account the other spectrums of empowerment viz. gender political, cultural and like. A nation's infrastructure provides the basic scaffolding for development. The differences in how men and women use infrastructure services have important implications for sector policies, investment priorities, and program designs. This chapter will analyse how the infrastructure development programme as an economic process assist women to enhance capability of them within society and how its actual impact is mutually constituted by other non-economic social processes and make it an over determined matter. Our study has shown that adequate access of the social infrastructure services has fetched benefits for women and ensures empowerment of women.


Author(s):  
Robin ◽  
Diah Putri Febiana Sari ◽  
Kharis Fadhullah Hana

Infrastructure development with Sukuk is currently developing rapidly. Sukuk are bonds based on Islamic principles. Sukuk have lower refund rates compared to interest-based bonds. This study aims to explain the role of Sukuk in infrastructure development in Indonesia. This research uses qualitative methods that are analyzed descriptively. With secondary data derived from the literature review in the form of the results of previous studies, documents from valid institutions or institutions, news, and other supporting sources. The results show that Sukuk is an important financial instrument applied in infrastructure development and has a positive contribution to infrastructure development. Since it was published until February 13, 2020, the accumulation of SBSN issuance results has reached Rp. 1,253.4 T. The results of the issuance of the Sukuk were used by the government to finance various infrastructure projects in Indonesia. So the Government can maximize the potential of Sukuk as an alternative to infrastructure financing and start reducing dependence on foreign debt in infrastructure financing


2020 ◽  
Vol 48 (4) ◽  
pp. 41-62
Author(s):  
S.M. Antzys ◽  
◽  
S.M. Lavlinskii ◽  
A.A. Panin ◽  
A.V. Pljasunov ◽  
...  

An analysis is presented of the mechanism of investment and tax policy formation in the resource region, whereby the government provides tax incentives and supports the investor in infrastructure development and, to some extent, in the implementation of mandatory environmental measures. The analysis builds on the bilevel Boolean programming problems. The actual data and dimensions of the model test site capture the specificity of the modeled object and make possible a practical study of the properties of equilibrium solutions. The simulation results indicate the need to take into account the complementarity of investment and tax policies in the strategic planning process. In general, to stimulate private investment, the state should use a full set of tools — to build infrastructure, implement part of the necessary environmental protection measures and provide certain commodity projects with tax incentives of a certain level. The methodology for the formation of such a policy should be based on an analysis of investors’ proposals, general plans for the development of the territory and a search for a compromise of the interests of the budget, population and private investor. The field of application of the research results is the development of a scenario for the development of local natural resources, including infrastructure development plans and investment proposal packages containing rules for granting tax incentives.


2019 ◽  
pp. 134-157 ◽  
Author(s):  
G. A. Borshchevskiy

The article examines the institutional process in a regional economy connected with the infrastructure development. We use the neoinstitutional approach to study factors that influence the behavior of government and business in their interaction in the economy. We also use statistical methods to analyze the dynamics of socio-economic development indicators of the subjects of the Russian Federation as well as the results of measures to attract private investment into infrastructure, including the PPP. We chose the city of Moscow and the Yamalo-Nenets Autonomous District as two empirical case studies which differ in economic and geographic conditions, but both demonstrate success in attracting private investment and implementing infrastructure projects. Our conclusions are consistent with a theory that asserts the primacy of institutional environment in relation to project implementation. We make also some practical recommendations for the development of the institutional environment which are acceptable for all regions solving similar problems of infrastructure development.


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