1.Transit Retail opportunity projected to see manifold growth by 2030 to US$ 21.6 bn

The total retail opportunity across various transport hubs in India, such as airports, highways and bus stations, metro, railways, will grow manifold in new decade, projects Knight Frank India, in its latest study titled ‘Catch Them Moving’, Report on Transit Retail.

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2.The Budget Remix: By Pratap Padode, Editor-in-Chief, CW

The Budget has not achieved the objective it was due to accomplish in toto. It does not lay a long-term vision for growth. It also fails to simplify taxation.

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3.Budget 2020 benefits the freight and logistics sector

National Logistic Policy to lead to operational efficiency for freight operators

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4.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

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5.Budget’s capital spend for road min for FY2021 lower than required for Bharatmala

Budget 2020 emphasises on accelerated development of highways to be undertaken

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6.Budget 2020 will ensure an integrated development of both infra and realty sectors

The allocation of Rs 100 trillion for infrastructure development in the next five years is a move in the positive direction.

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7.Budget proposes Rs 220 billion for power and renewable energy sector in 2020-21

Expansion of national gas grid from the present 16,200 km to 27,000 km has been proposed.

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8.JLL rates Budget 3/10 for the real estate sector

Budget has no direct impact on Real Estate, focus continues on Infrastructure and revival of consumer demand

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9.There needs to be a heavy outlay in the infrastructure sector

Major investment is required towards ensuring sanitation facilities in every town and village across the country, and the supply of potable water

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10.The ports fraternity came together to discuss PCS and National Logistics Portal

The FIRST Construction Council recently organised the ‘Revolutionising Ports Conference’ in Mumbai

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