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1.Government-led reforms to boost hotels sector growth

Nine out of the top 11 markets witness a rise in RevPAR performance


2.Government-led reforms to boost hotels sector growth: JLL HMI

According to Hotel Momentum India (HMI) – Q3 2019, a hospitality monitor for the period July to September 2019 released by JLL Hotels & Hospitality Group, nine out of the top 11 markets witnessed a rise in RevPAR performance during the stated duration.


3.India ups rank from 52nd to 27th for construction permits: World Bank

Ease of Doing Business index jumps to 63 for 2018-19 from 77 in 2017-18


4.Government led reforms to boost hotels sector growth

Reduction in GST for premium and luxury hotels and significant cut in corporate tax.


5.India ups rank from 52nd to 27th for construction permits: World Bank

India is among the top 10 economies where business climates improved the most, as per the World Bank’s Doing Business 2020 report. The country saw its ranking in the World Bank’s ‘Ease of Doing Business’ index jump to 63 for 2018-19 from 77 in the previous year.


6.Sustainable economic stimuli is the need of the hour

Affordable housing, mining, railways have gained prominence and the all-time favourite roads and highways sector is waiting for wings (in terms of finance) to fly.


7.Our budgets may be strained but we need to build the project pipeline and clear the tax and legal hurdles so that FDI can flow in

What’s the situation in the construction industry today? Or let’s say any industry for that matter. There are cracks appearing everywhere. Even fissures at some spots.


8.SM@RT URBANATION convention and Expo 2019

The Smart Cities Council India, part of the global consortium of smart cities, recently concluded the 6th Smart Cities Summit – SM@RT URBANATION – at Hotel Ashok Lalit in Bengaluru.


9.STOP BUYING LAND FOR ROAD PROJECTS!

With the economy gasping for oxygen, in this column we provided an ‘August’ formula for kickstarting growth in the last issue! Fortunately, the FM has heard the cries of anguish and decided to act, with initiatives aimed at generating sales for the auto industry.


10.Cost-optimisation efforts across all levels helped us maintain profitability

JMC Projects is a construction and infrastructure company with operations spread across India, SAARC and Africa.