Tag Archives: Infrastructure Development

Indian Railways and Its Challenges

Context: Recent incidents like the Mysuru-Darbanga Express collision highlight the persistent safety and operational challenges facing Indian Railways. Challenges of Indian Railways: Frequent Train Accidents: High-profile accidents such as Balasore (2023) and Kavaraipettai (2024) point to significant safety gaps, with human error (55.8%) and signaling issues being the primary causes. …

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Unemployment

Unemployment is defined as the condition of being without a job despite actively seeking employment and possessing the necessary qualifications, skills, and willingness to work. Types of Unemployment Frictional Unemployment: Temporary joblessness when individuals are between jobs or changing careers. Structural Unemployment: Occurs due to a mismatch between job seekers’ …

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National Monetisation Pipeline (NMP)

Unlocking Value in Infrastructure The NMP is a government initiative launched in the 2021-22 Union Budget to leverage private sector expertise for infrastructure development. It focuses on monetizing core government assets (roads, railways, power) through partnerships, not privatization (ownership transfer). Goals and Benefits: Generate Rs 6 lakh crore over four …

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Vadhavan Port Project and India’s Maritime Infrastructure

Context: The Union Cabinet recently approved the development of the Vadhavan Port, a major greenfield deep-draft port project in Maharashtra. This ambitious project, estimated to cost ₹76,200 crore, is poised to significantly enhance India’s maritime infrastructure. Project Details: Implementation: The port will be constructed by Vadhavan Port Project Limited (VPPL), …

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Hybrid Annuity Model (HAM) – A project by Indian Government

Introduction: The Hybrid Annuity Model (HAM) is a Public-Private Partnership (PPP) model introduced by the Government of India in 2016. It aims to address the funding challenges in infrastructure development, particularly in the road sector. HAM combines elements of two existing models: Engineering, Procurement, and Construction (EPC): Under EPC, the …

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Pradhan Mantri Awas Yojana (PMAY)

Introduction The Pradhan Mantri Awas Yojana (PMAY), launched in 2015, is a flagship initiative by the Government of India to achieve the vision of “Housing for All” by 2022. This essay will delve into the scheme’s objectives, provisions, achievements, challenges, and the way forward for its successful implementation. Objectives Facilitate …

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