ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Infrastructure for Inclusive Growth, 2011
ECONOMY & POLICY

Infrastructure for Inclusive Growth, 2011

Date: June 13, 2011
Venue: Dehradun
Organiser: PHDCCI and ASAPP Media

The Summit, organised by PHDCCI and ASAPP Media, discussed ways to overcome the current constraints in infrastructure in Uttarakhand.

Titled ‘Infrastructure for Inclusive Growthâ€�, the  discussed how building sustainable infrastructure can enable social development, especially in the far flung areas of the ‘hill-plainâ€� state.

Speakers compared the state to Switzerland in terms of topography and potential.Punit Agrawal, AGM, Dedicated Freight Corridor Corporation of India said about 800 km of rail lines could potentially be explored in Uttarakhand.
 
Rajan Malhotra, Regional Head, L&T, said, “Our experience in Uttarakhand has been bad, in part due to delays in decision making. For example, some financial bids have not been opened for two years.� Sumit Barua, PPP Expert (ADB), Uttarakhand Public Private Partnership Cell, countered that perception by describing the 86 projects in the pipeline under PPP in the state, worth Rs 5,182 crore.
 
Similarly, road infrastructure formed a focus area of discussion.Dr SP Singh, ex-Vice Chancellor, HNB Garhwal University and Member of the State’s Planning Commission, said: “Roads are important but must include health and safety as two critical elements for development. “Carbon concentration in our hill stations has increased, clearly calling for sustainable and integrated solutions.â€�  “The question,â€� he said, “is how to get investors and the government interested in such projects.â€�

State Planning Commission Advisor Virendra Uniyal urged PHD Chamber of Commerce and Industry (PHDCCI) to develop a sustainable model for tourism in the state.

Uttarakhand’s main focus will remain  on harnessing the existing strengths of the state, and that infrastructure will be built to support those activities, such as Ayurveda and tourism. As expected, tourism has attracted the maximum number of projects, 23 of them worth approximately Rs 1,837 crore, while energy followed with 15 worth Rs 899 crore and urban development with seven projects of Rs 811 crore.

One of the issues plaguing the entire nation’s infrastructure industries is trained labour and human resources, and Infrastructure Today’s Editor-in-Chief and ASAPP Media Information Group’s Managing Director Pratap Vijay Padode underlined that concern. “Uttarakhand is at an inflection point,â€� he said. “What is needed therefore is inclusive growth through skill development.â€� Optimism reigned as speakers pointed out plans for the state to be power surplus again within five years, after a gap of a decade of being deficit on power supply. Padode stressed the importance of hydro electric power as the mainstay for the state.GP Patel, MD and Director (Finance), Uttarakhand Jal Vidyut Nigam Ltd, said, “While the roadmap was clear for his company to traverse hydro and solar projects to make the state power-surplus, land acquisition, R&R and funding remained deterrents, apart from more natural causes such as a young, weak terrain mountain range leading to ‘geological surprisesâ€�.â€� 

Date: June 13, 2011Venue: DehradunOrganiser: PHDCCI and ASAPP MediaThe Summit, organised by PHDCCI and ASAPP Media, discussed ways to overcome the current constraints in infrastructure in Uttarakhand. Titled ‘Infrastructure for Inclusive Growthâ€�, the  discussed how building sustainable infrastructure can enable social development, especially in the far flung areas of the ‘hill-plainâ€� state. Speakers compared the state to Switzerland in terms of topography and potential.Punit Agrawal, AGM, Dedicated Freight Corridor Corporation of India said about 800 km of rail lines could potentially be explored in Uttarakhand. Rajan Malhotra, Regional Head, L&T, said, “Our experience in Uttarakhand has been bad, in part due to delays in decision making. For example, some financial bids have not been opened for two years.â€� Sumit Barua, PPP Expert (ADB), Uttarakhand Public Private Partnership Cell, countered that perception by describing the 86 projects in the pipeline under PPP in the state, worth Rs 5,182 crore. Similarly, road infrastructure formed a focus area of discussion.Dr SP Singh, ex-Vice Chancellor, HNB Garhwal University and Member of the State’s Planning Commission, said: “Roads are important but must include health and safety as two critical elements for development. “Carbon concentration in our hill stations has increased, clearly calling for sustainable and integrated solutions.â€�  “The question,â€� he said, “is how to get investors and the government interested in such projects.â€� State Planning Commission Advisor Virendra Uniyal urged PHD Chamber of Commerce and Industry (PHDCCI) to develop a sustainable model for tourism in the state.Uttarakhand’s main focus will remain  on harnessing the existing strengths of the state, and that infrastructure will be built to support those activities, such as Ayurveda and tourism. As expected, tourism has attracted the maximum number of projects, 23 of them worth approximately Rs 1,837 crore, while energy followed with 15 worth Rs 899 crore and urban development with seven projects of Rs 811 crore. One of the issues plaguing the entire nation’s infrastructure industries is trained labour and human resources, and Infrastructure Today’s Editor-in-Chief and ASAPP Media Information Group’s Managing Director Pratap Vijay Padode underlined that concern. “Uttarakhand is at an inflection point,â€� he said. “What is needed therefore is inclusive growth through skill development.â€� Optimism reigned as speakers pointed out plans for the state to be power surplus again within five years, after a gap of a decade of being deficit on power supply. Padode stressed the importance of hydro electric power as the mainstay for the state.GP Patel, MD and Director (Finance), Uttarakhand Jal Vidyut Nigam Ltd, said, “While the roadmap was clear for his company to traverse hydro and solar projects to make the state power-surplus, land acquisition, R&R and funding remained deterrents, apart from more natural causes such as a young, weak terrain mountain range leading to ‘geological surprisesâ€�.â€� 

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement