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In this issue

COVER STORY: POST ELECTION INFRA FUNDING CHALLENGE INFRASTRUCTURE TODAY digs deep into past data, which indicated that even after the polls, overall capex does not necessarily revive, and even when it does, the improvement isn’t sharp. FEATURE – SMART CITIES: See how Indian cities progressing in Smart City With a total of 5,151 projects envisaged across the 100 cities, works on 1,177 projects worth Rs 434.93 billion have started and about 677 projects are at the tendering stage. INTERACTIONS: With lower inflation we can provide cheap capital for infra projects Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, India Banks prefer lending to retail businesses than infrastructure Madan Sabnavis, Chief Economist, CARE Ratings. India’s infrastructure funds requirement is huge Samata Dhawade, Vice President, Aditya Birla Management Corporation FEATURE – PROJECT MANAGEMENT: What’s brewing in India’s contractual agreements? With project delays costing India’s exchequer more than Rs 3 trillion, the time has come for the government to review and update, and match the contractual nuances with global practices. FEATURE – PROJECT MANAGEMENT POWER TODAY-COVER STORY: Light, Storage and Action! Embarking on the journey of complete transformation from fossil-fuel dominance to clean sources of energy, India has made headway by deliberating and planning for the long term. And now, it is now time for action.

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