The UPA government subjected the infrastructure sector to policy paralysis, environment clearance roadblocks and high-intensity redtape. The NDA government fought tooth and nail to bring about an ordinance when all other measures failed to get all parties onboard the Land Acquisition Act. This was necessitated as the methods for acquiring land under the dated Land […]
The Government has recognised that the economy is suffering and needs a strong booster dose – placebos just won’t work. Today, all the ministers are brainstorming over revitalising the economy. For our part, CONSTRUCTION WORLD, along with Foundation of Infrastructure Research Studies Training (FIRST), took up the challenge and presented Union Minister of Commerce & […]
India is on a path of deep-rooted reform. Many initiatives have been triggered that will see fruition this year: Implementation of RERA (with a deadline of May 17), appointment of a Real-Estate Regulator, credit ratings of municipal corporations, issuance of municipal bonds by cities, introduction of GST, and much more. While these shifts do cause […]
There are very few events etched in the memories of an entire generation. For the Americans, it was the 9/11 attack and the Lehman brothers collapse. For Indians, it was the Kargil skirmish, the 26/11 terror attack and, now, demonetisation. This bold and moral move by the PM has had its share of execution challenges, […]
When, a couple of years ago, CW raised the question of whether India could be considered a construction equipment hub, many scoffed at the idea as our delivery on manufacturing was not considered competitive. Over the years, the logic morphed from addressing the needs of neighbouring countries to developing models specific to the needs of […]