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Partial release of bank guarantees positive for construction sector

ICRA expects the recent measures announced by the Finance Minister for contractors – primarily extension of the timeline for project execution by up to six months, and a partial release of bank guarantees (BGs) – to provide some respite to construction companies.


Budget cuts by states to adversely affect contractors in FY2021

The gross tax collections for states are likely to witness significant contraction in FY2021 consequent to the disruption caused by COVID-19


State budget cuts to affect construction contractors

States' gross tax collections likely to witness significant contraction in FY2020-21.


Partial release of BGs positive for construction sector

Likely to enhance liquidity and contractor’s ability to take up fresh projects.


Why are contractors exiting highway projects?

Five construction companies recently exited eight highway projects


269 projects worth Rs 12.30 trillion reviewed under the government’s PRAGATI platform

This January, Prime Minister Narendra Modi chaired the 32nd interaction of PRAGATI—the ICT-based, multimodal platform for Pro-Active Governance and Timely Implementation, involving the Centre and state governments


269 projects worth Rs 12.30 trillion reviewed under the government's PRAGATI platform

This January, Prime Minister Narendra Modi chaired the 32nd interaction of PRAGATI—the ICT-based, multimodal platform for Pro-Active Governance and Timely Implementation, involving the Centre and state governments


Why the delay in infrastructure projects?: A detailed study

Here are challenges impeding project execution leading to time and cost overruns.


Can We Cure Project Paralysis?

CW identifies challenges impeding project execution leading to time and cost overruns, and probes into possible solutions.


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.


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