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Budget 2014

2

Budget 2014 : Finance Minister Announces Rs 4,000 Crore for Low Cost Housing

In the union budget, the finance minister has announced the creation of low cost housing through the National Housing Banking program. While allocating Rs 8,000 crore to the National Housing Bank to support rural housing, he also proposed an allocation of Rs 4,000 crore through the program for low cost housing for the urban poor. The […]

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Abhay Kumar, CMD, Griha Pravesh Buildteck Pvt Ltd

Budget 2014-Complete Analysis

Abhay Kumar, CMD, Griha Pravesh Buildteck Pvt Ltd “The foremost requirement that is a necessity for the real estate sector to actually thrive and be a significant contributor to India’s economic growth is industry recognition. To be officially recognized will sort many of the problems that mire the industry and streamline and organize the activities. […]

Railway Budget 2014: Railway Minister announces Diamond Quadrilateral

One of the most ambitious projects of the Modi government is to create a diamond quadrilateral of high-speed trains in India. This is part of the new government’s infrastructure improvement plan in the country. While the Atal Bihari Vajpayee led government focused on the golden quadrilateral focusing on road networks and highways, the diamond quadrilateral […]

Railway Budget 2014: PPP to fund major infra projects

Railways in one of the sectors in which there is crucial requirement of funding in huge amounts. Out of 676 projects which have been proposed till now, only 356 projects were completed leaving more than 300 projects in the pipeline. Four projects which are more than thirty years old are yet to be completed. So, […]

Railway Budget 2014- FDI in railways: The Way Forward

Foreign Direct Investment is one of the major sources of funding in the infrastructure and development projects in India. There has been a positive impact on infrastructure and especially urban development sector due to Foreign Direct Investment. Enabling the foreign companies to fund for the public sector projects will reduce the burden on the government […]

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