scholarly journals ROLE OF INFRASTRUCTURE DEVELOPMENT OF RURAL AND URBAN SECTOR OF INDIA

2020 ◽  
pp. 71-74
Author(s):  
Krishna Somani ◽  
Dr. Ankita Singh Rao
Keyword(s):  
Private Sector ◽  
Key Words ◽  
Land Acquisition ◽  
Infrastructure Development ◽  
Basic Requirement ◽  
Infrastructure Projects ◽  
Urban Sector ◽  
Rural And Urban ◽  
Private And Public

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.

The Land Question in India

2017 ◽  
Keyword(s):  
Moral Economy ◽  
The State ◽  
Land Acquisition ◽  
Infrastructure Development ◽  
Ethical Implications ◽  
Tribal Communities ◽  
Role Of The State ◽  
Acquisition Processes ◽  
Land Question

This book takes a fresh look at the land question in India. It goes beyond re-engagement in the rich transition debate by critically examining both theoretically and empirically the role of land in contemporary India. Springing from the political economy discourse surrounding the classic capitalist transition issue in agriculture in India, the book gravitates toward the development discourse that inevitably veers toward land and the role of the state in pushing a process of dispossession of peasants through direct expropriation for developmental purposes. Contemporary dispossession may look similar to the historical process of primitive accumulation that makes room for capitalist agriculture and expanded accumulation. But this volume shows that land in India is sought increasingly for non-agricultural purposes as well. These include risk mitigation by farmers, real estate development, infrastructure development by states often on behalf of business, and special economic zones. Tribal communities (advasis), who depend on land for their livelihoods and a moral economy that is independent of any price-driven markets, hold on to land for collective security. Thus land acquisition continues to be a turbulent arena in which classes, castes, and communities are in conflict with the state and capital, each jockeying to determine the terms and conditions of land transactions or their prevention, through both market and non-market mechanisms. The volume collectively addresses the role of the state involved in the process of dispossession of peasants and tribal communities. It provides new analytical insights into the land acquisition processes, their legal-institutional and ethical implications, and captures empirically the multifaceted regional diversity of the contestations surrounding the acquisition experiences in India.

scholarly journals An Opportunities-Based Approach to Mitigating Risks Associated with Infrastructure Development Projects

2009 ◽  
Vol 3 ◽  
pp. 9-15 ◽  
Author(s):  
Don Messerschmidt
Keyword(s):  
Risk Factors ◽  
South Asia ◽  
Key Words ◽  
Large Scale ◽  
Field Experience ◽  
Development Projects ◽  
Infrastructure Development ◽  
Negative Consequences ◽  
Infrastructure Projects ◽  
Energy And Environment

‘Risk' is a major point of focus in the literature on resettlement and reconstruction associated with the impacts of major infrastructure development on project affected individuals and families. Previous approaches to risk appear to emphasize the negative consequences of development, and it is no wonder then that project affected people often emphatically resist development and change. This paper proposes that a more pro-active, positive opportunities and benefits approach be taken in dealing with resettlement and reconstruction associated with large scale infrastructure projects. The discussion is focused on the eight ‘risk factors' (or ‘opportunity factors'?) listed in the well known ‘Impoverishment Risk and Reconstruction' (IRR) Model. Three more such factors are added to the list based on field experience in South Asia. The point is that by emphasizing the potential opportunities and benefits, project affected people are more likely to be supportive of projects that may disrupt their lives. Key words: Resettlement, opportunities, risk, IRR model, South Asia, infrastructure development  doi: 10.3126/hn.v3i0.1912 Hydro Nepal: Journal of Water, Energy and Environment Issue No. 3, January, 2008 Page 9-15

scholarly journals “Economic Correctness” and Agricultural Economics

1993 ◽  
Vol 25 (1) ◽  
pp. 1-13 ◽  
Author(s):  
Ralph D. Christy
Keyword(s):  
Private Sector ◽  
Policy Analysis ◽  
Strategic Behavior ◽  
Agricultural Economics ◽  
Decision Makers ◽  
Competitive Markets ◽  
Imperfectly Competitive ◽  
Private And Public ◽  
Public Decision

AbstractThis address is directed toward applied economists as they provide information to private and public decision makers. Central to this discussion is the role of markets as institutions in achieving society's desired ends. Current “economic correctness”–the view that unfettered markets are superior in achieving efficiency, growth, and welfare-has attempted to return a larger role to the private sector, but the relative roles of market-oriented versus government-oriented solutions to problems are often not well appraised. Views presented herein calls for agricultural economists to move simultaneously toward an understanding of the strategic behavior of firms in imperfectly competitive markets and toward an adoption of policy analysis consistent with a socially complex and globally integrated economy.

scholarly journals Universities as ‘Drivers’ of Local and Regional Development

2021 ◽  
pp. 134-152
Author(s):  
Marius Constantin PROFIROIU ◽  
Maria-Roxana BRIȘCARIU
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Legal Framework ◽  
North West ◽  
The Public ◽  
The North ◽  
Innovation And Technology ◽  
Private And Public ◽  
The University

"The society based on knowledge and innovation brings to the fore the role of universities as research and learning spaces, with the purpose for sustainable development, at local, regional, national and global levels. Following this approach, we explore the capacity of spreading the knowledge and innovation capital in the North-West region of Romania between universities, the private sector and the public sector. Also, the study explores the role taken by the university system in Romania, locally and regionally, emphasizing what type of relationship defines the exchange of outputs and what are the most useful know-how transfer mechanisms from universities to the private and public sectors. The empirical research in this paper has shown that there is a growing relationship between universities – private sector – public sector, which is characterized as ‘in an incipient phase’, ‘based on urgent needs of the parties’. All of the actors involved in this triad want to develop the links between universities – private sector – public sector in communication, research, innovation and technology, and they suggest standardization and regulation of this interaction and developing a legal framework to correspond to the actual needs at local and regional levels."

France

2019 ◽  
pp. 170-189
Author(s):  
Laurent Neyret
Keyword(s):  
Private Sector ◽  
Criminal Law ◽  
Precautionary Principle ◽  
Local Governments ◽  
Environmental Governance ◽  
Central Government ◽  
Environmental Law ◽  
Public Law ◽  
Private And Public

This chapter examines the important aspects of environmental law in France. It first provides an overview of how powers are allocated with regards to environmental law in France, with particular emphasis on the major trends in the construction of environmental law such as its codification and constitutionalization and the expansion of environmental governance to private law instruments. The discussion then turns to the structure and substance of environmental law in France, taking into account private and public law instruments used in environmental protection. The chapter also analyses the application of environmental rules through the central government, local governments, specialized agencies, and courts. Finally, it looks at some selected issues which have been recently addressed in French environmental law, including the application of the precautionary principle, the remediation of ecological damage, the protection of the environment through criminal law, and the role of the private sector in protecting the environment.

scholarly journals Investigation into the causes of delay in land acquisition for PPP projects in developing countries

2017 ◽  
Vol 15 (4) ◽  
pp. 552-570 ◽  
Author(s):  
Solomon Olusola Babatunde ◽  
Onaopepo Adeniyi ◽  
Oluwaseyi Alabi Awodele
Keyword(s):  
Developing Countries ◽  
Factor Analysis ◽  
Literature Review ◽  
Questionnaire Survey ◽  
Empirical Method ◽  
Land Acquisition ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Content Type ◽  
Private Investors

Purpose The land is a critical resource for public-private partnerships (PPPs) in infrastructure development. However, acquisition of land for PPP infrastructure projects implementation increasingly becomes problematic in developing countries. Yet, effort at investigating the factors causing a delay in land acquisition for PPP infrastructure projects through an empirical method in developing countries received scant attention. Therefore, the purpose of this study is to identify and critically assess the factors predisposing PPP projects implementation to land acquisition delay in Nigeria using an empirical approach. Design/methodology/approach The study adopted literature review and questionnaire survey. For instance, literature review was used to identify the factors causing delay in land acquisition for PPP projects in developing countries, which was used to design the questionnaire survey culminating in data analysis. To capture a broad perception, the questionnaires were administered to three different primary stakeholder groups comprised public sector authorities (i.e. ministries, department, agencies), concessionaires and lenders/banks involved in PPP projects implementation in Nigeria. Data collected were analysed using mean score, Kruskal–Wallis test and factor analysis. Findings The study revealed the mean score ranking of 22 identified factors causing a delay in land acquisition for PPP projects in Nigeria. The result of factor analysis grouped the 22 identified factors into 4 principal factors, namely, resettlement issues with political interference; non-availability of land with a higher cost of land transactions; weak planning institutions; and rehabilitation issues with extensive legal delays. Practical implications These study findings have implications for both policymakers considering PPP projects and private investors seeking to finance a PPP project in developing countries. Also, the study findings would be useful for the governments in Nigeria and other developing countries to formulate clear policies framework that facilitates the smooth acquisition of land for PPP projects. Originality/value The study will be beneficial to the potential local and foreign private investors and governments by broadening their awareness on impediments in land acquisition for PPP projects in Nigeria and developing countries at large. These study findings are crucial, as not many empirical studies have been conducted in Nigeria and many other developing countries.

Public Private Partnership for Infrastructure Development

2014 ◽  
pp. 121-130 ◽  
Author(s):  
Upinder Sawhney
Keyword(s):  
The State ◽  
Federal State ◽  
Infrastructure Development ◽  
Agriculture Sector ◽  
The People ◽  
Rural And Urban ◽  
Indian State ◽  
State And Local ◽  
The Government

Public-Private Partnerships (PPPs) are an absolute necessity in India as all levels of the government in the country (i.e., federal, state, and local) are facing budgetary deficits. PPPs in various spheres of economic activity can bridge the gap between the capacity of the state to grow and the factors which are pulling it behind. In a successful PPP model, all the stakeholders (i.e., the government, the people, and the private partners) pose a disciplinary mechanism to each other. The present chapter seeks to study the policy for PPPs in the Indian state of Punjab as also the institutional framework for the same. It also seeks to examine the feasibility of using PPP model for the much-needed development of the agriculture sector in the state. The fiscal situation of the state and its indebtedness along with the populist policies of the government do not leave any room for either the maintenance or the creation of any new infrastructure in the state. Both rural and urban infrastructure in Punjab can be strengthened through the PPP route. The chapter focuses on the problems of Punjab economy and the role of PPPs in fixing the same.

Innovative financial intermediation and long term capital pools for infrastructure

2016 ◽  
Vol 21 (3) ◽  
pp. 231-252 ◽  
Author(s):  
Thillai Rajan Annamalai ◽  
Smitha Hari
Keyword(s):  
Private Sector ◽  
Financial Intermediation ◽  
Emerging Countries ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Multiple Perspectives ◽  
Multiple Sources ◽  
Content Type ◽  
Private Sector Investment

Purpose Developing countries are increasingly looking to private sector investment for infrastructure development. Successful development of private infrastructure projects, however, depends on adequate availability of long-term debt to complement private sector equity. As domestic bond markets in many emerging countries are not very deep, availability of long-term debt funding for infrastructure has been limited. Recently, a new form of financial intermediation has emerged in India with the creation of infrastructure debt funds (IDFs) to create capital pools for long-term debt funding. This paper aims to analyse the effectiveness of IDFs for financing infrastructure projects. Design/methodology/approach This paper uses a case study approach. The case studies were written using both secondary and primary information. Secondary information was obtained from various sources such as policy papers, websites and other published sources. Primary information was obtained from interviews with the top management of three IDFs. Information obtained from multiple sources was triangulated for consistency and correctness. Findings IDFs have emerged as an effective intermediation mechanism for attracting long-term capital by offering a new investment product with appropriate risk-adjusted returns. For the fund seekers, IDFs are able to provide long-term capital at lower rates and higher flexibility. Unlike commercial banks, IDFs are able to add value to the projects apart from funding by periodic monitoring of the projects. Practical implications Creating new forms of financial intermediation can help in reducing the financing gap for infrastructure projects, especially in emerging countries. Originality/value IDFs have been analysed from a perspective of financial intermediation. The effectiveness of IDFs in bridging the funding shortfall has been evaluated from multiple perspectives.

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

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Niti Bhasin
Keyword(s):  
Private Investment ◽  
Tax Incentives ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
New Paradigm ◽  
Indian Economy ◽  
Economic Rationale ◽  
Substantial Progress ◽  
Infrastructure Services

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.

Jokowi's five-year infrastructure plan is unrealistic

2015 ◽  
Keyword(s):  
Public Private Partnerships ◽  
Land Acquisition ◽  
Toll Roads ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Content Type ◽  
Financial Framework ◽  
Near Term ◽  
Food Inflation

Subject Outlook for infrastructure development. Significance President Joko 'Jokowi' Widodo has pledged to build 5,000 kilometres (km) of railway, 2,600 km of roads, 1,000 km of toll-roads and 49 dams over the next five years. To that end, his administration on March 20 issued a new regulation aimed at facilitating public-private partnerships (PPPs) in infrastructure projects. The new regulation seeks to strengthen the legal, regulatory and financial framework for such projects. Impacts Land acquisition problems will be the hardest to resolve, given the lack of proper records. Tighter checks on malfeasance promise longer-term gains in transparency, but near-term they will slow disbursement. Reducing food inflation will be difficult as long as the infrastructure deficit persists.

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