There are a dozen state-run oil and gas companies but they do not have the financial power to rival global oil majors in bids for overseas oil assets.
When there are a number of gaping flaws in the sector which reappear periodically, it may be a bit too soon for the Government to take a back seat
For the transport sector as a whole, including railways, road, shipping, the Government has made a provision of Rs 2.41 trillion in 2017-18.
With railways plagued by repeated derailments, government on Wednesday proposed setting up of a special safety fund of Rs one lakh crore that will cover upgradation of tracks and signalling besides elimination of unmanned level crossings.
Telecom companies are required to invest in R&D in new technologies to remain relevant at the very least
Budget should also propose setting up of logistics parks along national highway corridors linking ports and manufacturing hubs, setting up of bus ports with better facilities requires be given priority
Infra sector expects some more innovative project models like the Hybrid Annuity Model (HAM) which was taken up in roads sector which can result in better risk sharing and attract participation
The total investment required as per the Smart City proposals of 60 cities is estimated at Rs 1.34 lakh crore or approximately $20 billion
Logistics push: Budget should focus on port connectivity and warehouse consolidation for higher growth
GST would bring about consolidation of warehouses which would now be set up closer to the area of consumption
A systemic focused allocation or sops in the Budget 2017 is necessary and vital to keep up the pace of growth in logistics infrastructure
The business opportunities could be the largest compared to rest of the world except China and would be more than 2.5 times the capital expenditure seen in five fiscals to 2015
For India’s energy security, it is critical that we incentivise investment in the entire value chain of oil and gas sector including pipelines, CGD network and LNG.
The railways has also failed to fill the crucial posts for safety staff across the country, which is a serious cause of concern and highlights a clear case of neglect and apathy
Gross Budgetary Support (GBS) of Rs Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.
The government is looking to float a special fund called Rashtriya Rail Sanraksha Kosh
From funding to land availability, here are eight issues plaguing the renewable energy sector; will the Union Budget 2017 address these?
Exclusive: Suresh Prabhu's tweets won't save Indian Railways; with rock bottom op ratio, it's never been this bad
Train accidents in the recent past, unending passenger complaints, and falling revenues are some of the issues that will haunt the railway minister in the upcoming Union Budget presentation on 1 February
Among the measures expected, the finance minister may look at putting in more cash in the hands of individuals by reducing the personal income tax slabs
On long-haul sectors such as Mumbai-Delhi and Delhi-Sealdah, the Rajdhanis have been beaten by airlines.
The government is pushing its agenda of ending unnecessary litigations and to that effect, it has issued multiple circulars/notifications in the last two years.