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.
FlashNews:
Why India’s Roads are racing into Global Infra Asset Plans
Will the Road construction target be achieved in 2023-24?
Patel Engineering & JV Partner Secure Rs. 1,818.56 Crore Contract
Invest in infrastructure, Gadkari exhorts industry
Cement demand to outpace supply growth
Indian Army & NTPC arm sign agreement to build green hydrogen plants
Raising of upto Rs 6billion bonds issued by Power Grid Corp
1 GW of pumped storage projects in Karnataka won by JSW and Greenko
PM GatiShakti’s NPG recommends six infrastructure projects
New PPP: PSUs Pivoting to Productivity
What Makes Airlines Nosedive?
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
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Catalysts for Success
Smart Cities support the comprehensive development of physical, institutional, social and economic urban infrastructure, improve the quality of life, protect the environment and create jobs for millions, says Deepak Premnarayen, President, Indian Merchants' Chamber (IMC), and Chairman, FirstRand Bank India.
Clearing the Tax Clutter
India has a unique indirect tax landscape for the infrastructure sector. While the sector enjoys a plethora of concessions and exemptions, the very nature of the contracting structure is troubled with a large amount of complexities, more so on the EPC contracting side.