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1.189.6 km Goa-Karnataka border highway project commissioned

Built at Rs 34.47 billion by IRB Infra, the project has a concession life of 28 years

2.Ease of Living, Municipal Performance Index launched

Both these indices are designed to assess quality of life of citizens

3.Railways Capex for 2020-21 pegged at all time high

Target of new lines, gauge conversion and doubling/tripling for 2020-21 is 3,750 route km against 3,150 in 2019-20

4.Ashwin Sheth Group invests Rs.2 bn in commercial project

Ashwin Sheth Group has invested about Rs.2 bn, which includes cost of land as well as approvals and construction finance, to set up a commercial project under its brand Cnergy in Thane, to develop over 2 mn sq ft of commercial space.

5. World Bank, Government of India sign $88 million loan agreement for Assam Inland Water Transport Project

The Government of India, Government of Assam and the World Bank recently signed a loan agreement of $88 million to help modernise Assam’s passenger ferry sector that runs on its rivers, including the mighty Brahmaputra.

6.Crisis Calls for Capital

With funding from banks and NBFCs to India’s real-estate sector continuing to be a struggle, the sector recorded an investment of $5.397 billion in 2019.

7.Budget 2020 benefits the freight and logistics sector

National Logistic Policy to lead to operational efficiency for freight operators

8.Budget announcements impact building materials segment

Indirect announcements made in Budget 2020 impact the building materials segment

9.Infra slowly getting into action with Budget 2020: CW

Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21

10.Tax Concessions extended to Sovereign and Pension funds in Budget 2020

The detailed budget speech, one of the most comprehensive ones in recent past did have some significant positives for sectors like Infrastructure, Power, Banking and NBFC, Agriculture reiterating her focus on Affordable housing, Education and Healthcare sector.

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