Modi, who has had mixed success pushing through his reform agenda since coming to power 16 months ago, has prioritised tackling a problem that is stifling bank lending needed for a revival in Asia's third largest economy, three senior government sources with direct knowledge of the plan said.
According to the 2011 census, Maharashtra already has India's highest urban population, most of it concentrated in five cities including Greater Mumbai, which is home to 23 million and one of the most densely populated cities on earth.
In an endeavor to discover what steps can be taken to make planned and smart cities an essential and integral part of the future an eminent panel came together to discuss the issues on hand moderated by CNBC-TV18s Senthil Chengalvarayan.
It used to be the darling of the Indian economy. But with tough times, the Indian power sector no longer electrifies investors. No wonder then, that the industry's Budget wishlist theme is a serious overhaul of policies, regulations and tax structures, CNBC-TV18's Ronak Jain and Animesh Das report.
Upstream concerns will trigger a muted growth of around 5% to the tune of Rs 5,600 crore in Reliance Industries’ (RIL) net profit for the June quarter, say analysts.