The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.
Tag: Government of India
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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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Weathering the cash disruption
There is never a dull moment in real estate. 2016 began promisingly in comparison to 2015; however, as things stand, the year isn´t expected to end on a healthy note. A major factor for this could be attributed to the policy developments by the government, which in the short term have led to an unpredictable disruption, but in the long run are projected to augur well for the industry as a whole.
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Azure Power wins 50 MW solar power project under SECI auction
Azure Power, a leading Indian has announced that it has won a 50 MW solar power project under the National Solar Mission (NSM) solar power producer,Phase II, Batch III, which was recently put up for auction by the Solar Energy Corporation of India (SECI).
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A Bright Future Beckons
Numerous steps by the Indian government to combat challenges facing the domestic power sector will realise immense potential, says Anil Kadam, Solution Architect & Marketing, Energy & Utilities, Schneider Electric India.
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Towards a Smarter India
India is unique in many ways. It is one of the oldest surviving civilisations and still promises to drive the world economy for many years to come. It has the potential to power global manufacturing and offer solutions to medical & educational needs of all of Asia - and the world.
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Role of Fluid Control Research Institute in Indian Oil and Gas Industry
Through FCRI, the Government of India has invested in an infrastructure that allows measurements to be made with integrity and consistency by holding and maintaining internationally recognised and traceable measurement standards and practices.
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The warehousing sector is going to experience a sea change in its structure
With the total warehousing space requirement in the country´s top seven markets expected to grow from 621 mn sq ft in 2016 to 839 mn sq ft by 2020, the warehousing sector has shown tremendous traction in the past couple of years. Further, investment in warehousing can provide an opportunity of realising returns in the range of 10-24 per cent per annum.
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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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There is a need for a quick and efficient dispute resolution system
The potential growth in the Indian infrastructure sector presents a promising investment opportunity for private sector players, including foreign investors, says Abhishek Goenka, Partner, PwC India.