Prof. Sebastian Morris

Research & Publication (Infrastructure & Regulation)




02-09-2019

Real Estate and Infrastructure Resolution

We propose a mechanism that uses the financial markets to mobilize the resources of a large population of investors, to revive the impaired assets in the real sector in India today. This should also allow the economy to escape from the strangle hold of the “doom loop”, in which

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05-04-2016

Examination Of Affordable Housing Policies In India

This paper provides a critique of the Indian Government’s programmes for affordable housing, namely the Rajiv Awas Yojana and Housing for All 2022. It analyses the efficacy of these policies in being able to provide the sections of the population who are unable

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2010

Container Train Operations: Introducing Competition (A)

In May 2005, the Committee on Infrastructure took a decision that Ministry of Railways, in consultation with Planning Commission, would prepare a policy for permitting private and public sector operators to run container trains through the Indian Railways (IR) network

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2010

Container Train Operations: Introducing Competition (B)

In October 2005, the representatives of the Planning Commission, Ministry of Railways, Ministry of Commerce and Industry, and Ministry of Shipping met to discuss the RITES recommendations to work towards framing a policy document for running container trains by privat

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02-02-2010

Introducing Competition in Container Movement by Rail

The Minister of Railways, in his budget speech on 26th February, 2005, had announced that the Ministry of Railways (MoR) and the Government of India would permit private operators to run container trains. Before then, a subsidiary of the Indian Railways, Container Cor

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07-07-2009

The Emphasis On PPP Model Is In The Right Direction

The large budgetary support in general of plan and investment should bring cheers to the producers, investors and financers of infrastructural equipment and services on roads, urban services and power equipment. Given the large rises on doles under the NREGA, Bharat N

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01-06-2009

Land Markets In India: Distortions And Issues

There are certain inherent problems with land because of its peculiar characteristics, which impede the natural emergence of a well-functioning market. The legal and regulatory framework can potentially overcome these problems. In India, despite some reform efforts, t

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2006

Simhadri Super Thermal Power Project (A)

The Indian electricity sector was opened to the private sector under the Independent Power Producer’s (IPP) policy. The National Thermal Power Corporation (NTPC), India's largest and perhaps most efficient generator had to respond to the changing scenario. It se

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2006

Simhadri Super Thermal Power Project (B)

This case follows case (A) which discusses National Thermal Power Corporation’s (NTPC)- response to the Simhadri project that created a record of sorts in timely implementation of large projects and within a tight budget NTPC’s record of 39 months for a gr

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11-04-2006

Rural Infrastructure Needs A Fillip

The article evaluates the scope of rural development in India. It demonstrates that the Indian states weaknesses in cross-functional policy design and in coordination across departments and functions is the obvious cause of lack of rural development, and urges to reco

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14-02-2006

SPVs No Solution To Infrastructure Woes

The article suggests that there is no financial side constraint on infrastructure in India at present. With a well developed financial market, it is only the lack of good bankable projects that is the limitation, and there is no way another Special Purpose Vehicle (SP

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27-01-2005

Infrastructure Development and Strategy for Gujarat

The phenomenon of foreign direct investments (FDI) from India is substantial and systematic enough to warrant attention. In this empirical study; the pattern and nature of control exercised by the Indian parents, local parties, and possible transnational capital and l

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2003

India Infrastructure Report 2004: Overview

The text discusses and summarises the principal findings of the various articles in the report. It also develops the theme of ensuring value for government expenditures through inter alia Public Private Partnerships (PPPs) and Public Finance Initiatives (PFIs). Government expenditures on vital so

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2002

Commercial Aircraft Industry And Governments

This paper deals with the evaluation of the civil aeronautics sectors since the 1930s in the background of Government intervention & technological changes. The paper has tried to contrast the active interference by European nations in the domestic aviation sector

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01-2002

Comments On The Draft Electricity Bill 2001

The paper comments upon the Draft Electricity Bill of 2001. Given than the reform of the power sector had made little headway, there is much concern that something needs to be done. Little progress has been made in the Bill, so that most of the comments made then rema

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2000

India Infrastructure Report 2001: Overview

The first in the series, the book reviews infrastructure development since the reform of the Indian economy began in 1991, discussing the policies required to create an appropriate market structure for infrastructure provision along with its constraints as well as lay

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2000

Power Sector Reforms And Regulation: The Road Ahead

The reform of the electricity sector, especially the decision to unbundle and privatize, has in India been based on the premise that the state (government) does not have adequate financial resources, given its need to control the fiscal deficit. The assumption is that

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25-05-1996

Political Economy Of Electric Power In India: Part 2

Since the cancellation of the Dabhol Power Project (DPP), the debate about electric power in India has come into the public view, raising hopes that corrective measures can be taken to have a cost effective and growing power industry. A critical examination of the rec

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18-05-1996

Political Economy Of Electric Power In India: Part 1

Since the cancellation of the Dabhol Power Project (DPP), the debate about electric power in India has come into the public view, raising hopes that corrective measures can be taken to have a cost effective and growing power industry. A critical examination of the rec

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24-11-1990

Cost And Time Overruns In Public Sector Projects

Delays and cost overruns in public sector investments can raise the capital-output ratio in the sector and elsewhere, bringing down the efficacy of investments. Yet there are no estimates of the delays and cost overruns, and of their opportunity cost. This study arriv

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Blog (Infrastructure & Regulation)




2006-09-26

Dwelling On Delhi's Master Plan

The Delhi government would soon have to legislate to make special exemptions to Delhi’s Master Plan to override the Supreme Court’s (SC) order banning commercial activities in residential areas. Policy-makers and planner sitting in ivory

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2006-05-23

The Fine Art Of Zero Maintenance

The Ahmedabad Municipal Corporation got a few hundred new CNG buses some months back, which look worn out already. No replacement of tail-lights, no repair of dents, no painting. The ph

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2006-02-14

SPVs No Solution To Infrastructure Woes

When interest rates are determined through the market, there is only a limited role for development finance institutions (DFIs). In the era of controls, and where the state mobilised and directed (if not monopolised) much of the savings and resource

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0000-00-00

Airlines Will Need Service Quality Regulation

With Delhi and Mumbai airport in competent private hands. one can breathe a little easy. The underutilisation of assets, absurd designs, quixotic operational processes that impose huge passenger side discomforts and costs may hopefully go away.

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