The Budget proposes low-cost housing for young citizens with Rs 4,000 crore; allocation of Rs 4,000 crore for affordable housing via National Housing Bank and housing for all by 2022, which will create a favourable environment that will boost affordable housing in the country.
Category: ECONOMY & POLICY
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Govt to set up 8,000 towers in North-East
In a bid to improve telecom services in the northeastern states, the government will invest Rs 5,000 crore to set up over 8,000 mobile towers in the region. Minister of Communications and Information Technology Ravi Shankar Prasad
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Policy for satellite phones
The Telecom Commission has given the approval for introducing satellite-based mobile services in the country. The approval comes after a recommendation,
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NBCC eyes overseas projects
National Buildings Construction Corporation (NBCC) is eyeing business overseas and exploring the possibilities of projects in Oman, Botswana and neighbouring countries. NBCC
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DHL opens facility in Ludhiana
DHL Express, one of the global logistics players, recently inaugurated a new, enhanced service centre facility in Ludhiana, an industrial hub in Punjab.
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Minister to prune list of pending rail projects
Railways Minister DV Sadananda Gowda wants to chop down the long list of non-remunerative pending projects that have been bleeding the railways and choking funds for urgently required infrastructure schemes
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Green indl estate in Coimbatore
The Coimbatore Small Industries Association (Codissia) is on its mega initiative of promoting a green industrial estate on the outskirts of Coimbatore.
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Govt set to rework land acquisition law
The BJP-ruled states have urged the Central government to repeal the "anti-industry, anti-development and anti-farmer" Land Acquisition, Rehabilitation and Resettlement Act, 2013.
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India, China sign three MoUs
India and China signed three key MoUs, including one on industrial parks and flood data of Brahmaputra river, coinciding with the visit of Vice President Hamid Ansari.
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Bengal aims for 10 per cent growth
The West Bengal government is aiming for a state domestic product (SDP) growth of 10 per cent, twice the economic growth of the entire country, according to the state finance minister Amit Mitra.