NDA government
With regard to the NDA government’s efforts push to investment in the infrastructure segment through PPP route, the Singapore Exchange Ltd (SGX) has expressed the opinion that the massive investment would largely have to come from overseas because investments from within India would be limited. SGX has asserted that it will play an instrumental role [...] Continue Reading »
The NDA government has apparently cleared revised norms for the Navi Mumbai airport project bids in record time; thus finally giving the go-ahead to the project which has been delayed for more than a decade. With the revised tender document prepared by Cidco having been cleared by the Civil Aviation Ministry, the process of inviting [...] Continue Reading »
BharatiyaJanata Party-led NDA government has always considered infrastructure development in its top priorities. This ruling party came in power in April-May general election on the promise of stimulating slumped economic growth. However statistics don’t always tell the detailed story, they rather provide detailed outline of the story. As per the statistics from Centre for Monitoring [...] Continue Reading »
On Monday, Union Minister of State for Civil Aviation, GM Siddeshwara, informed the Lok Sabha that the Taj International Greenfield airport project near Delhi has been revived by the NDA government. The project has been shelved for years. The Greenfield airport proposal pertains to a second airport near Delhi; but outside the 150-km restriction which [...] Continue Reading »
With the NDA government’s first 100 days in office to be completed in August-end, Prime Minister Narendra Modi has sent out a 17-point people-oriented agenda to his Ministries. One of the key points of the agenda includes the construction of coastal expressways as part of a plan to upgrade the road and rail network in [...] Continue Reading »
There is some good news for India’s entertainment and other industries as the government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India). This will pump in a total investment of Rs 2,326.72 crore into the Indian economy. However the government has not only cleared the FDI proposals, [...] Continue Reading »
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
The entire country, the industry heads, the infrastructure and real estate industries has a lot of expectations from the maiden budget of the NDA government which is expected to set the roadmap for growth and economy in the nation. Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance Ltd urged the Prime Minister Narendra Modi-led [...] Continue Reading »
The sevenfold rise in Bihar Industrial Area Development Authority (BIADA) owned land in various districts has concerned state BJP, which feels it could affect investor confidence. Effective from June 19th, an investor would now have to pay Rs. 14.95 crore for an acre of BIADA land in Patna, as opposed to the previous rate of [...] Continue Reading »
Narendra Modi promised the “Acchhe Din Aane Wale Hai” and his bastion now promises to leave no stone unturned to make the nation happy. In a recent goal calling, led out by the NDA government, Team Modi has placed a nationwide promise of sorts to help everyone have a roof over their heads, affordable and [...] Continue Reading »
