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Reforming India’s Oil & Gas Sector

Reforming India’s Oil & Gas Sector

Avery colourful legend has it that during the construction of the railway line from Dibrugarh to Margherita by Assam Railways & Trading Co (AR&TC) in 1867, a herd of logging elephants returned to the camp with their feet covered in crude oil. Even as this led the AR&TC personnel to look for seepages, the site engineer, WL Lake, reportedly cried out in excitement to his workers, 'Dig boy, dig!' on coming to learn about it.

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GST… What´s in it for infra?

GST… What´s in it for infra?

India´s ambitious infrastructure development plans hinge largely upon a successful transition from the current multiple taxes regime to the new uniform taxation code of the Goods and Services Tax (GST). Is the industry ready to meet the April 1, 2017 deadline? We do a status check...

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Still a work in progress

Still a work in progress

The GST regime will facilitate ease of doing business, but the government has to ensure that there is no adversarial impact on the infrastructure sector during the rollout, says PRATIK JAIN.

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METRONOMICS

METRONOMICS

The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.

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Gaining momentum

Gaining momentum

The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.

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Ultra-modern ´godowns´

Ultra-modern ´godowns´

Warehousing market is pegged at Rs 56,000 crore and is expected to grow annually at an average rate of 8 to 10 per cent over the next 5 years to reach a level of 1500 to 1600 million sq ft by 2020.