Industry bodies like Confederation of Indian Industries (CII) expect the government to announce a budget which would support economic growth and employment. They expect that the government does not frame a populist budget even though election is just a year away. Call for a reform-oriented budget is becoming louder as the
Author: admin (Infratructure Today)
Post
Post
Pune to have agency to rate eco-housing projects
The Pune Municipal Corporation (PMC) is to appoint one more agency to implement the eco-housing policy to promote environment-friendly measures in real estate. The agency will help the civic administration in rating the eco-housing projects in Pune.
Post
Govt finalises changes in STP policy
Maharashtra government finalised several changes to the existing policy for the Special Township Project (STP) scheme. The modified policy increases the contribution of the builder to low-cost housing to 20 per cent of the total built-up area from the current level of over 10 per cent. It may be recalled that over six years ago, the state gove
Post
Odisha govt plans global investors meet
The Odisha government, on the lines of Gujarat, is mulling to organise Global Investors meet on a grand scale. Gujarat had hosted a two-day ĆāVibrant GujaratĆā meet recently.
Post
States to be asked to emulate Surat’s ring road model
The Union Urban Development Ministry is to ask all State governments to follow the SuratĆās Outer Ring Road Development (ORRD) model as it has impressed with the ORRD's revenue generation model, prepared by Surat Municipal Corporation (SMC).
Post
Chandigarh roads to be widened soon
In Chandigarh, the pending demand of widening roads in several parts of the city has finally been heard by the authorities concerned and the UT and municipal corporation have started the exercise in this regard.
Post
Rs 6 cr for relaying of Kochi’s MG Road stretch
Kerala Public Works Department (PWD) officials have said that the relaying of MG Road's stretch from South Junction to Madhava Pharmacy Junction in Kochi could not be delayed since it would lead to widespread criticism.
Post
Financial entities’ share in bond issue declines
Data collected by Prime Database shows that the share of financial sector entities in the total amount raised through private placement of bonds during April-September 2012 declined to 73.1 per cent from 90.3 per cent in 2011-12 and 78.3 per cent in 2010-11. The financial entities include primarily banks and non-banking finance companies (NBFCs). According to som
Post
Cabinet to decide on proposed bank holding company
According to government sources, the cabinet would consider the proposal for setting up a bank holding company for state-run banks soon. The holding company is intended to enable state-run banks to raise capital from the market instead of seeking funds
Post
Govt plans to reintroduce import duty on oil
Union government plans to reintroduce import duty on crude oil in the forthcoming union budget in order to increase its tax collection and thereby reduce fiscal deficit. However, the adverse impact of such a move would be that it would raise the price of oil and could leave the government with a higher subsidy bill if pump prices are not r