The government’s Rs 125 billion Alternate Investment Fund (AIF), which offers last-mile funding to stuck housing projects, has disbursed funds to two housing projects. And, it reportedly expects to fully deploy its money in two years.
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.
National Logistic Policy to lead to operational efficiency for freight operators
The focus on logistics through the development of 9,000 km of economic corridors is a welcome move.
Expansion of national gas grid from the present 16,200 km to 27,000 km has been proposed.
Sebi Joseph highlights how digitisation is rewriting industry and service narratives.
Government must remain focussed on a divestment agenda for FY21
Acquisition to address rising demand for low-voltage power distribution in India
The new facility is expected to enhance Danfoss India’s ‘Make in India’ strategy and stay closer to customers
The ministry is prioritising asset monetisation and EPC, which will be entirely funded by the government.
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