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1.Proposed Rs.105 trillion infrastructure investment a boon for construction companies in the medium term: ICRA

Indian infrastructure is likely to witness a massive increase in investment with a target of Rs.105 trillion to be spent over the next five years (FY2020-FY2025), according to ICRA.


2.Budget announcements impact building materials segment

Indirect announcements made in Budget 2020 impact the building materials segment


3.Infra Push Drives Equipment Demand

Rajesh Nath and Ajmal Fawad write on the infrastructure market trend and the contributions of German equipment manufacturers.


4.Hardeep Singh Puri signs MoAs with six states for Light House Projects, launches CLSS Awas Portal

As reported, the Union Housing and Urban Affairs Minister, Hardeep Singh Puri recently signed Memorandums of Agreements (MoAs) for Light House Projects (LHPs) with six states: Gujarat, Jharkhand, Madhya Pradesh, Tamil Nadu, Tripura and Uttar Pradesh.


5.Houses sanctioned under PMAY(U) now over 93 lakh

48th CSMC sanctions 2.32 lakh houses with overall investment of Rs 73.22 bn


6.1.23 lakh houses to be constructed under PMAY-U

The government has approved the construction of about 1.23 lakh houses as a part of PMAY-Urban. This brings the total number of houses permitted under the scheme to more than 90 lakh.


7.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.


8.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.


9.Nod for construction of 1.23 lakh houses under Pradhan Mantri Awas Yojana-Urban

As reported, the government in a statement announced that construction of about 1.23 lakh houses was approved as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) . This brought the total number of houses permitted under the scheme to more than 90 lakh.


10.An ‘August’ Growth Formula

The government has received a drubbing by former governors on its plans to raise overseas debt by issue of sovereign bonds.


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