There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.
Category: ECONOMY & POLICY
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GST will help companies reduce logistics costs by up to 1.5percent
According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
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GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes ´destination´ based rather than origin based, or ´efficiency´ based rather than ´regulation´ based.
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Indian logistics saw better growth while globally there was muted demand
Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.
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Over 12 lakh houses for urban poor
Under the Pradhan Mantri Awas Yojana (PMAY), a total of 12,27,088 affordable houses for the Economically Weaker Sections in urban areas have been approved with Central assistance commitment of Rs.19,682 crore.
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SBI to raise Rs.5,000 cr in FY17 for infra, affordable housing
The country´s largest lender SBI will raise Rs.5,000 crore to fund infrastructure and affordable housing during the fiscal by issuing long-term infra bonds. The bank has been accorded approval from the Executive Committee of its Central Board. ´
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Centre approves another 52,319 houses under PMAY
The Central government has approved construction of another 52,319 houses for the urban poor, including 11,286 houses in poll-bound Uttar Pradesh, under the Pradhan Mantri Awas Yojana (PMAY-Urban).
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Over 12 lakh houses sanctioned for urban poor
Under the Pradhan Mantri Awas Yojana (PMAY), launched in June last year, a total of 12,27,088 affordable houses for the Economically Weaker Sections (EWS) in urban areas have so far been approved with a total Central assistance commitment of Rs 19,682 crore of which Rs 6,172 crore has been already released.
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SBI to raise Rs 5,000 cr in FY17 for infra, affordable housing
The country's largest lender SBI will raise Rs 5,000 crore to fund infrastructure and affordable housing during the fiscal by issuing long-term infra bonds.
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Lack of sufficient domestic project financing options remains a concern
Steve Edwards - Chairman and CEO, Black & Veatch, shares his perspective on the Indian infrastructure market, his company´s offerings, and the shortcomings in the current EPC contract mechanism in the country.