The sector did lag behind due to delay in land acquisitions and environment clearances. Political blockage, heavy interest, cost burden and working capital crisis added to the woes of infrastructure companies but with the change of guard at the Centre things are looking up.
Tag: Synefra
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Look what's not moved: The Bill on the biggest immovable
Political expediency seems to be hijacking our land acquisition laws. On the one hand, Uttar Pradesh and Gujarat have declared that acquisition can only occur by consent, and the Land Acquisition Act will not be invoked.