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3 Jun 2009

Sector to Invest in India Courtesy Minister Incharge in Govt

1. It has been emphatically stated earlier also that Mr Kamalnath is the most energetic and time bound planned minister and since he has taken over the ministry of road transport and highways; he has called for the meeting of the builders and this meeting is likely to be attended by GMR, GVK, Gammon India, Reliance Infrastructure, Soma, Simplex, Madhucon and Hindustan Construction Company.

2. Problems likely to be discussed in the meeting are procedural, financial or those related to bidding process for infrastructure development. More than 50 developers are likely to attend this meeting and they are likely to discuss shortage of credit and undue interference from the National Highways Authority of India (NHAI), and land acquisition-related issues with the minister and ministry is due for a major overhaul.

3. Thus keeping in light of above facts Infrastructure is the sector to get in to make money during the UPA tenure and not to forget Mr Kamal Nath Tenure as all kudos goes to him for his meticulous nature.

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