Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Budget 2018-19: Infrastructure, Rural Development key

Infrastructure development has been one of the top priorities of the Union Budget 2018-19 presented by the Finance Minister Arun Jaitely in Parliament on February 1. Major investments and allocations are in roads, railways and rural development including agriculture and rural economy. Urban infrastructure development has also received a boost with the allocation for Smart Cities mission.

Logistics sector gets infrastructure status

The government has granted infrastructure status to logistics sector. The need forintegrated logistics sector development has been felt for quite some time in view of thefact that the logistics cost in India is very high compared to developed countries.

BEML?s windmill park dedicated to nation

BEML Ltd has set for itself an unique goal of utilising 100 per cent renewable energy for its consumption. In this endeavour, the company?s 9 MW windmill park installed at Dammur village, Bagalkot district in Karnataka was dedicated to the nation by the Defence Minister Arun Jaitley through video-conferencing from Delhi.

BEML bestowed with Raksha Mantri Award

BEML Ltd has received the ?Raksha Mantri?s Award for Excellence? under the Group Award category for Design and Development of 180 tonne class electric hydraulic excavator BE1800E.

A Constructive Budget

The construction equipment segment in India has something to cheer about from the Budget measures such as more fund allocation to rural roads and highways construction, and announcement of infrastructure status to affordable housing.

Budget Reactions | Volvo CE India

While maintaining fiscal discipline, this year?s Budget announced by Finance Minister Arun Jaitley demonstrably seeks to stimulate economic growth and job creation. Micro-, small-, and medium-sized enterprises will enjoy corporate tax reliefs. Indians in the lower- and middle-income groups will receive income tax reliefs, which will increase disposable incomes and encourage consumer spending.

Budget Reactions | JCB India

Finance Minister Arun Jaitley has presented a well-balanced and constructive combined budget, focusing on the most critical aspects of the economy, such as Infrastructure, Agriculture and Rural India.

Budget Reactions| Elan Group

By granting infrastructure status to affordable housing, which was a long-time demand from the industry, the Budget 2017 has given a relief to both developers and investors. The cost of the developers will go down and attract the investors.

New norms to boost construction sector

In order to boost the construction sector, the government approved new norms that will help in quicker resolution of disputes to kick-start stalled projects

Rajya Sabha passes GST Bill

Stepping closer to the concept of ?one nation, one tax?, Rajya Sabha passed the Goods & Services Tax (GST) Bill. The constitutional amendment will enable both the Centre and the states to simultaneously levy the GST, which will include all indirect taxes currently levied, including excise duties and service tax.

INDIA INSULATED FROM BREXIT FALLOUT

On the 23rd of June, UK public voted to leave the European Union. The news not just sent the UK markets and currency into turmoil but sent shockwaves that were felt all the way in India as well. The historic vote marks the rise of a new phase of uncertainty for the international markets.

Container Handling: Future?s Bright

Budget spells fiscal discipline

Finance Minister, Arun Jaitley, presented the Union Budget 2016-17, explaining the backdrop of global economy slowdown from 3.4 per cent in 2014 to 3.1 per cent in 2015; battered financial markets and contracted global trade.

Highest capital funding for roads

The highways sector received the highest support in this Budget. While the budgetary support for 2014-15 was Rs 28,881 crore, it has jumped by 50 per cent in 2015-16 to Rs 42,912 crore

Budget bites

The Union Government recognising the need for revival of investment cycle had already extended the excise duty cut on capital goods for another six months in June 2014 itself.

Budget boost for SMEs may not be enough

The Union Finance Minister Arun Jaitley announced a slew of measures to boost the morale of small and medium enterprises (SMEs) in the Budget, including a Rs 10,000 crore start-up fund for new businesses and an investment allowance of Rs 25 crore.

Will the Government be Able to Walk the Talk?

With the Union Budget scheduled in the second week of July, the entire industry seems to be on a highly expectant mood with the hope that the government will now shift to higher gear for bold, long-term and deep fiscal economic reforms. A Chinese proverb reads thus 'When the winds of change blow, some people build walls, and others, windmills.

The Winds of Change

A Chinese proverb reads thus ? ?When the winds of change blow, some people build walls, and others, windmills!? Agith G Antony finds out the views from the industry leaders who have been building windmills...