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Construction & Infrastructure News

Post GST, Maharashtra will be the biggest beneficiary

October 2016

To be honest, at present, it is highly impossible to share any revenue losses and it is not correct on our part to share these numbers without any gr...

Sudhir Mungantiwar, Maharashtra, GST Council, Government of India, Octroi, Central government, LBT, Brihanmumbai Municipal Corporation, infrastructure sector, Arjunramji Meghwal, Arun Jaitley, Union budget, Japanese collaborators, RAHUL KAMAT

Still a work in progress

October 2016

The GST regime will facilitate ease of doing business, but the government has to ensure that there is no adversarial impact on the infrastructure sec...

GST, PRATIK JAIN, Infrastructure sector, Central Excise, Customs, Service Tax laws, VAT, CST, PwC India

Centre wants states to speed up project execution

October 2016

The Centre has urged the states to speed up the execution of central schemes to achieve the goal of ´developed India´....

Central schemes, Developed India, Panchayati Raj, Drinking Water, Sanitation, Narendra Singh Tomar

Madhya Pradesh gears up for Green Energy Corridor

October 2016

Madhya Pradesh has readied its blueprint for the Rs.4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as ...

PGCIL, Madhya Pradesh, Renewable energy projects, Business Standard, German development Bank KfW, Central Clean Energy Fund Grant

Central Railway studying Rs 20,000 crore makeover plan to ease pressure on suburban system

September 2016

In a major makeover plan for the much-stressed Central Railway (CR) suburban system, the management is studying an ambitious Rs 20,000 crore plan imp...

Central Railway, CR tracks, Akhil Agrawal, Suresh Prabhu, Trains, Central Railway suburban system

Counterparty delays forcing Renewable Energy projects to run out of steam, says Ind-Ra

September 2016

State power utilities’ (major power purchasers) insensitivity to projects’ debt service commitments and delays in making payments – problems specific...

State power utilities, India Ratings and Research, Central Government, Counterparties, Ujwal Discom Assurance Yojana scheme, Maharashtra State Electricity Distribution Company, Power generators, Renewable projects

Gujarat floats Rs 700 crore slum redevelopment fund

September 2016

The Gujarat Government has floated a Slum Redevelopment Premium Fund (SRPF) with an initial corpus of Rs 700 crore. This fund from the Central and st...

Gujarat Government, Slum Redevelopment Premium Fund, Funding affordable housing projects, Central Government, Ahmedabad Municipal Corporation, Vadodara, Ashwani Kumar, FSI, GSFS

ESIC, EPF benefits for construction workers, plans government

September 2016

Union Minister of Labour and Employment Bandaru Dattatreya has recently announced that the Central Government is planning to extend benefits under th...

Labour, Employment Bandaru Dattatreya, ESIC, Central Government, BOCW, Odisha Government, Supreme Court, EPF, ESIC
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