diamond quadrilateral

Budget 2014: Incentives for REIT and InvITs
In a bid to offer a major boost to the infrastructure and real estate sector of the nation, Modi government’s maiden budget promised conducive tax regime for two crucial investment instruments- Infrastructure Investment Trusts and Real Estate Investment Trusts. Such a move is expected to rope in long-term funds from both domestic and foreign investors, […]

Railway Budget 2014 : Diamond Quadrilateral Project
The groundwork for the development of this project was initiated during the previous decade during the regime of the UPA government. It involved the conceptualisation of the western and eastern railway corridors. As an initial move, work was initiated on the western corridor linking Delhi with Mumbai, employing Japanese technology and funding. The ‘diamond quadrilateral’ […]