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Construction & Infrastructure News

Centre allocates Rs 500 crore for setting up IIM and IITs

July 2014

The Government has announced to set-up five more IITs in the Jammu & Kashmir, Chattisgrah, Goa, Andhra Pradesh and Kerala. Similarly, five new IIMs w...

Budget 2014-15, IIT, IIM, Setup

Government aims to reduce Fiscal Deficit to 4.1 per cent

July 2014

The Government of India aims to limit the fiscal deficit to 4.1 per cent for the current fiscal and to reduce it further to 3.6 per cent and 3 per ce...

Budget 2014-15, Arun Jaitley, Fiscal Deficit, Growth

FM aims to revive the Special Economic Zones (SEZs)

July 2014

The Union Finance Minister Arun Jaitley while presenting the General Budget 2014-15 in Parliament today, has announced that the Government is committ...

Budget 2014-15, Arun Jaitley, SEZ, Revive

PSU likely to invest Rs 2.47 lakh crore in the current fiscal

July 2014

Public Sector Undertakings (PSUs) will invest through capital investment a sum of Rs.2,47,941 crore in the current financial year to create a virtuou...

Budget 2014-15, PSU, Investment, Economy, Thrust, Arun Jaitley, Public Sector

Government raises FDI cap from 26 per cent to 49 per cent in defence manufacturing

July 2014

With the aim to promote Foreign Direct Investment (FDI) in selective sectors that can help in supporting the larger interest of the economy. Announci...

Budget 2014-15, FDI, Investment, Defence, Insurance, Smart Cities

Centre allocates Rs 7,060 crore for smart cities development

July 2014

The Finance Minister Arun Jaitley has provided a sum of Rs. 7060 crores in the current financial year for developing 100 smart cities. Arun Jaitley h...

Budget 2014-15, Arun Jaitley, Smart Cities, Development

Centre plans to develop five tourist circuits in the country

July 2014

The General Budget 2014-15 proposes to create 5 tourist circuits around specific themes for which a sum of Rs. 500 crore has been set aside in the cu...

Budget 2014-15, Arun Jaitley, Tourism, Tourist, Circuit

FM proposes incentives for REITs

July 2014

The Government of India has proposed incentives for Real Estate Investment Trusts (REITs) which will have pass through for the purpose of taxation. T...

Budget 2014-15, Arun Jaitley, Real Estate Investment Trusts, REIT, Investment
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