For instance, out of the 111 identified National Waterways, 106 were conceived in 2016 alone. An assertive Nutan Guha Biswas, Chairperson, Inland Waterways Authority of India (IWAI) is confident that the statutory agency will continue to exceed its performance in 2018.
Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.
The government has generated revenue of Rs 17,47.70 crore from the auction of 31 coal blocks.
Â“The revenue generated till January, 2017 from the auction of 31 coal mines is Rs 17,47,72,47,706,Â” Coal and Power Minister Piyush Goyal said in a written reply to the Lok Sabha.
In order to reduce dependence on fossil fuels, the Ministry of Railways has planned to harness 1,000 MW of solar power through developer mode by putting up solar plants on railway buildings/stations and through land-based plants across the country.
The one thing, which is commonly heard in the corridors of the financial world, is the looming concern as regards the huge NPA that banks are currently saddled with. Long drawn processes pertaining to insolvency has taken a toll on the credit realization in the country.