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Construction & Infrastructure News

FM announces exemption threshold, administrative control mechanism for GST

September 2016

The two-day meeting of the newly-constituted GST Council comprising the Union Finance Minister, Union Minister of State for Finance and the state Fin...

GST Council, Finance Ministers, North-Eastern states, Taxpayers, Central, Tax rate, Slabs

Private participation likely in modernisation of state-run ports

May 2016

Drawing from the experience of the aviation and highways sectors, the Shipping Ministry is looking at modernising state-run sea ports with private se...

Ports, Nitin Gadkari, Road Transport, Highways, Shipping, Finance Minister, Arun Jaitley

Venu Vinod, Managing Director - Cybercity Builders & Developers Pvt Ltd

February 2016

The government has taken positive steps with the announcement of smart cities, increase in FDI and “Housing for all-2022” that have boosted the senti...

Venu Vinod, Cybercity Builders & Developers Pvt Ltd, Hon’ble Finance Minister, Shri Arun Jaitely, Concrete, Infrastructure, Real Estate Projects

GOI makes it mandatory to take prior approval of FinMin for all kinds of proposals requiring cabinet nod

October 2014

The Government of India has made it compulsory for all proposals requiring cabinet nod to get prior approval from Finance Minister Arun Jaitley invol...

Prior Approval, Finance Minister, Arunj Jaitely, Mandatory, Railways, Disinvestment

GOI cleared 296 projects worth Rs 6.60 lakh crore till January 2014

February 2014

To fast track project implementation, the Government of India has set-up the Cabinet Committee on Investment and the Project Monitoring Group. Due to...

Cabinet Committee on Investment, Project Monitoring Group, Projects, P. Chidambaram, Finance Minister

Govt delivers pro-growth budget to reverse investment cycle

March 2013

Finally, the hype and anxiety around the union budget 2013-14 has settled and economists and pro-growth pundits can take heart from the fact that the...

Union Budget 2013-14, Finance Minister P Chidambaram, investment, GAAR, IIFCL, Infrastructure Debt Funds, World Bank, Madhya Pradesh, Service Tax

Real estate sector's plea for lower costs, faster nods

February 2013

India's real estate players are hoping that the Union Finance Minister's budget provisions, to be announced on February 28, will bring down the costs...

India, real estate players, Union Finance Minister, budget provisions, February 28, will bring down the costs of finance for the construction sector, which they insist will play a major role in offering lower rates for their product.

Maken's plea to RBI to revamp affordable housing loans

February 2013

Ajay Maken, the Union Minister of Housing and Poverty Alleviation has made an appeal to the Reserve Bank of India (RBI) for restructuring of loans fo...

Ajay Maken, Reserve Bank of India, restructuring of loans, affordable housing, Union Finance Minister
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