That our country´s GDP growth rate is going to get a bump-up if the Goods and Services Tax was to be implemented, is a consensus among many experts, as well as the industry bodies, although they may differ regarding the extent of push GST is likely to give our economy, with the quantum suggested varying from 1-3 per cent of incremental increase in growth
Tag: infrastructure
Post
Post
October land allotments in $100 bn DMIC project
The $100-billion Delhi Mumbai Industrial Corridor will kick off land allotments next month. Global investors like Ikea, Kia Motors and China Railway Construction Corp are eyeing acquisitions, reports Economic Times.
Post
Mohali to get 5 new power grids, updated transformers
To address the problem of low voltage and power fluctuations in Mohali, five new grids would be set up by end of next year. Five grids of 66 kV capacity would be installed at several locations in town to enable even and sufficient electricity supply.
Post
Amritsar tops the list of 27 new Smart Cities
Amritsar has topped the list of 27 new Smart Cities announced by the Minister of Urban Development M Venkaiah Naidu. Eight other cities of pilgrim and tourism importance that made it to the third list of Smart Cities are: Ujjain, Tirupati, Agra, Nashik, Madurai, Thanjavur, Ajmer and Varanasi.
Post
Country Roads, City Roads, and the Roads in between
Many of us know that the celebrated economist John Maynard Keynes famously said that (in times of slowdown) the government should pay people to dig holes in the ground and then fill them up
Post
Binani Group to invest Rs.10,000 cr in West Bengal
Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
Post
Dilip Buildcon bags Rs.2,016 crore road project in UP
Infrastructure firm Dilip Buildcon has said that it has bagged a Rs.2,016 crore road project in Uttar Pradesh. ´The National Highways Authority of India has declared the company as the selected bidder for four-laning of Lucknow-Sultanpur section of NH-56 from 11.50 km to 134.70 km in the state of Uttar Pradesh under NHDP Phase IV on a hybrid annuity basis at a project cost of Rs.2,016 crore,´
Post
Pasighat Advanced Landing Ground gets operational
The upgraded Advanced Landing Ground (ALG) at Pasighat in Arunachal Pradesh has been inaugurated by Kiren Rijiju, MoS for Home Affairs. A flypast by a formation of three Sukhoi-30 MKI Air Dominance Fighter aircraft, that took off from one of the forward EAC airbases was a highlight of the event.
Post
VOC Port envisages development projects worth Rs.1,531 crore
Anantha Chandra Bose, Chairman of VOC Port has said various infrastructure developments had been envisaged at an estimated cost of Rs.1,531.31 crore during 2016-17 fiscal year.
Post
Volatile fuel prices will reduce reliance on conventional fuels
Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has announced big investments in India´s ports and roads sector. These investments are the first step in economic growth, as well-laid infrastructure is a crucial need for improving the efficiency of cargo flow.