There is a silver lining here: For the past two years, the Modi government has been adopting a broad strategy to substantially improve India's dismal WB ranking for ease of doing business. Concerted efforts have been made to remove serious bottlenecks that exist in the numerous business laws and a "holistic approach"taken.
Tag: Department of Economic Affairs
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DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.
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NHAI to issue tax free infrastructure bonds
Government has allowed National Highways Authority of India (NHAI) to issue Tax Free Infrastructure Bonds aggregating to Rs 24,000 crore and Capital Gain Tax Exemption Bonds aggregating to Rs 4,000 crore in the financial year 2015-16.
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Telecom department seeks sops for tower firms
In a letter to the Department of Economic Affairs (DEA), telecom secretary M F Farooqui has urged to speedily clear a compost of incentives to give telecom tower companies a shot-in-the-arm.
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Security concerns on rail FDI proposal
The Home Ministry and the Department of Economic Affairs (DEA) have cautioned the government on relaxing FDI policy in Railways, citing security concerns, especially with regard to investments from China in this sensitive sector. In its comment on the proposal of the Department of Industrial Policy and Pro-ĆĀ”motion (DIPP), the Home Ministry said Chinese investments in such a sensitive sector should be viewed with caution.
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PURA champion shifted
Under Arvind Mayaram, the Special Secretary and Financial Advisor at the Union Ministry of Rural Development, the amply termed Provision of Urban Amenities in Rural Areas (PURA) took birth
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PPP is almost the only way for better management of water sector
A new initiative by ADB and the Government of India seeks to promote and Ć¢ā¬ÅmainstreamĆ¢ā¬Ā PPP for inclusive growth of the country.