infrastructure development
NMCC suggests diverting Surplus PSU funds for Infra development
In a bid to boost infrastructure development in the country, the central government is considering a plan to utilize surplus funds generated by state-run firms. A suggestion has been put forward by the National Manufacturing Competitiveness Council (NMCC) to park funds thus generated in the National Investment Fund (NIF), to be used for infrastructure development […]
Real estate in India to contribute 6.3% GDP, create millions of jobs
The real estate in India is estimated to contribute to 6.3 percent of India’s gross domestic product (GDP) in 2013, states a report. At the same time, the sector is expected to generate 7.6 million jobs as well, adds the report. As per the report by global property consultant, CBRE, the real estate sector along […]
