THE GOVERNMENT’S HELPING HAND

26 per cent equity cap removed for financially strong asset reconstruction companies, which want to take management control of sick companies Infrastructure status to logistics sector, to help companies borrow funds at a lower cost High-level empowered group of secretaries is working to clean up the mess in the thermal power sector Implementation of the UDAY Scheme is increasing demand for electricity Construction of roads and railway tracks has picked up pace. Decent progress in railway electrification Hybrid-Annuity Model is giving confidence to road construction companies to bid for projects. Under this, NHAI releases 40 per cent project cost according to milestones. The balance is raised by the developer. The developer invests 20-25 per cent of the cost (as against 40 per cent or more before)