Airports are the next infrastructural buzzword that will be the game-changer in IndiaĆĀ“s developmental leap. This buzzword is expected to be exploited using existing growth drivers like exponential growth in passenger traffic and incremental cargo volumes over the next decade.
Author: admin (Infratructure Today)
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There is huge potential for growth in the air cargo market
The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
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Closed Mines | Eco Challenges
Mining is a temporary activity which involves intermediate use of land. Typically, the operating life of a mine lasts from a few years to several decades, depending upon the natural environment such as weather, soil and quality, excavation of resources mined through the mining, use and availability of land.
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Abandon state monopoly in coal and captive mining
The coal sector remains the most inefficient and least open to private investment, despite coal being the countryĆĀ“s primary source of fuel, says Krrishan Singhania, Managing Partner, Singhania Associates.
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Digging Deep
In the early 1970s, the Government of India took over the management of coal mines in two tranches. The process kick-started with the nationalisation of coking coal mines in 1971-72, followed by non-coking coal mines the following year. With the enactment of the Coal Mines Act, 1973, all mines were nationalised.
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Areef Patel, Vice-Chairman, Patel Integrated Logistics Ltd
The logistics sector generates mass employment and is a key revenue earner for the government. In order to improve the competencies of the logistics sector, the Goods and Services Tax (GST) should be implemented without further delay, which could result in potential savings of around $200 billion and lead to streamlining of the taxation structure and reduce inventory maintenance costs.
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Ashwin Vasista, Associate, Singhania and Co
The introduction of the Goods and Services Tax (GST) is in itself a path-breaking fiscal reform. Corporate tax and other indirect taxes may be revamped keeping in view GST requirement.
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Ayush Lohia, CEO, Lohia Auto Industries
At present, demonetisation has created an unfavourable environment for the auto industry on the whole. The auto industry is pinning hope on the upcoming Union Budget 2017 as it will uplift consumer sentiment and infuse a positive environment for the auto industry, including electric vehicles.
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Deepak Premnarayen, President, Indian Merchants Chambers
The Budget is likely to continue its pro-poor image with a slew of concessions for agriculture, skilled labour and the rural sector, along with incentivisation to move to a digital payment economy. Employment-related incentives are likely to go up considerably.
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Jayashree Kurup, Head of Content and Advisory, Magicbricks.com
Affordable housing being given infrastructure status is a welcome move and will help in the ĆĀ“Housing for allĆĀ“ by 2022 Mission - it is a big and positive move for developers, banks and housing finance companies.