Tourism
Foreign direct investment (FDI) into the services sector dropped by 60 percent to USD 1.59 billion in the last three quarters of year. This sector includes banking, insurance, outsourcing, R&D, courier and technology testing, it received FDI worth USD 4.04 billion in the April-December period of 2012, and this is according to the data collected [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
Even amidst stiff opposition from within the NCR Planning Board (NCRPB) and cautious notes from environment activists, the government went ahead to allow the construction beyond 0.5% and has given nod to tourism activities in nature conservation zones (NCZs). This was notably done only to accommodate the demand of Haryana government. It can be seen [...] Continue Reading »
To be able to meet the investment target of Rs 5000 crore in public infrastructure through public private partnerships (PPPs) for the12th Plan period (2012-17), Odisha’s state planning & coordination department has invited proposals from government departments and agencies. The PPP projects are to be taken up in socio-economic sectors like agriculture, water supply, health care, education, municipal services, warehousing, [...] Continue Reading »
The NCR Planning Board (NCRPB) has given the green signal for more construction activities in ecologically fragile zones like the Aravalis. This step will not only allow more commercial activities in the name of tourism but also will give the state governments virtually a free hand in deciding how they to want to use these areas. All [...] Continue Reading »
The construction work by tourism department at Buddha Theme Park and Lotus Park at Sarnath had not progressed since the last seven months. An international Buddhist conclave is to be held in Sarnath on September 29 and 30 with Buddhist scholars, devotees, tourists and other delegates arriving to the city. The only construction found at the [...] Continue Reading »
With a clear cut approach focusing on the development of social and physical infrastructure, the Jammu & Kashmir Chief Minister, Omar Abdullah, has hinted at revolutionary changes which mean residents of the state may have to pay tax on commercial and residential properties for the first time. Abdullah reportedly told the Planning Commission while briefing [...] Continue Reading »
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) unveiled a roadmap to boost investments in Haryana. The ASSOCHAM plans to organise Invest Mart in the near future where about 300 investors from various countries will converge to explore the possibilities of investing in Haryana,said chairman of ASSOCHAM’s northern region development council Lalit Khaitan. [...] Continue Reading »
