Modi government
Rajasthan Chief Minister Vasundhara Raje has suspended Mukhyamantri Gramin BPL Awas Yojana which was one of the pet projects of the previous Congress government in the state. The ministry has cited the reason behind suspending this as fiscal prudence. This scheme was introduced in 2011 and it aimed at providing 6.80 lakh dwelling units to [...] Continue Reading »
In sync with one of the key policy initiatives of the Modi government to provide housing to the urban poor, the government is planning to expand the net of affordable housing to include more people under the various housing projects targeted at economically weaker sections (EWS) and lower income group (LIG). The proposal drafted by [...] Continue Reading »
Russian conglomerate Sistema JSFC is looking at smart city opportunities in India. After the Government’s decision to invest over Rs 7,000 crore in setting up 100 smart cities, many foreign investors have started showing interests in investing in India’s infrastructure sector. A company spokesperson stated that they are likely to start with one or two [...] Continue Reading »
The Modi government is putting a lot of emphasis on the ‘’Housing for all by 2022’’ schemes and the realty sector is also singing to that tune after a lull of many quarters. In June, Mahindra Lifespace Developers Ltd, part of the Mahindra Group, announced plans to build 2,200-2,500 houses costing between 10 and 20 [...] Continue Reading »
The Modi Government has been making attempts to revive the Special Economic Zones (SEZs) all across the country. The impasse that has been created by the UPA Government policies keeps on haunting them. In Maharashtra, only around 14 percent of the allowed Special Economic Zones are functional. The Board of Approval or BoA of the [...] Continue Reading »
South Korea and Japan have both shown interest of undertaking industrial projects in Rajasthan’s Neemrana. The proposed investment projects will help accelerate the government’s plan of improving infrastructure and forming industrial clusters in the country. The two countries, along with the current BJP government are collectively working towards reviving India’s manufacturing sector by the formation [...] Continue Reading »
The land acquisition laws proposed just six months back by the UPA government are blamed for stalling billions of dollars’ worth of roads, railways, ports and power installations. States are eager to kick-start major infrastructure projects have proposed radical changes to the bill to the Minister of Road Transport and Highways, Nitin Gadkari. Several states want [...] Continue Reading »
Due to the advent of the Narendra Modi government, there has been a heightened activity and business optimism in the market. This has put the Indian law firms in a growth trajectory and they are benefiting strongly from the surge in mergers and acquisitions (M & A) in the last few months. India’s biggest law firm [...] Continue Reading »
The Narendra Modi government’s maiden Budget is targeting on increasing consumer demand in the economy by increasing disposable income in the hands of people. The budget wants to give the much awaited boost to the real estate sector, which not only boosts demand for housing, but other consumer durables as well. Since after buying a [...] Continue Reading »
The entire nation and the business world abroad are looking at the maiden budget of the Modi Government to be presented on July 10 with a lot of anticipation. Manufacturing, housing and labour skilling are going to be the key long-term focus of Finance Minister Arun Jaitley maiden budget on July 10. The government’s main [...] Continue Reading »
