Finance Ministers of all the states in the country would meet Union Finance Minister P Chidambaram on February 14 in New Delhi to discuss the framework of the goods and services tax (GST). During the meeting, Chidambaram is expected to seek the nod of the state finance ministers on the framework of GST so that a broad outline of the indirect tax
The year 2012 has been a challenging year for the logistics sector as the economic slowdown affected manufacturing leading to general decline in the movements of goods across sectors like auto, commercial vehicles, heavy engineering and capital goods. Tight credit situÂation, no major policy reforms and weak demand made the situÂation further difficult for the sector.
Several investors have exited the rural infra segment over the past few years. because they could not achieve the scale they wanted to, perhaps because of wrong strategies. This year, can it be the switch that the government can use to trigger economic growth back on track?
Infra projects in the country do seem to have been languishing in recent times. As far as the port sector is concerned, too many Policies/Bills/Acts are in the â€˜draft/consultationâ€™ stage. The wait and watch situation appears to be prolonged.