Tag Archives: govt
Govt measures may put real estate back on track in 2020
Property developers are quite bullish on the growth prospects of real estate and are hopeful that the sector will most likely do well in the coming year. The year 2019 proved to be a mixed bag for the nation’s real estate sector. While commercial real estate flourished, that was not the case with residential real estate, although the Modi Read More
Govt to launch real estate e-commerce platform in Jan: Hardeep Singh Puri
To ease the process of buying a house, the government will soon launch an e-commerce platform, Housing and Urban Affairs Minister Hardeep Singh Puri announced at the first National RERA Conclave held in Lucknow on November 4. “We’ve held discussions with both Credai and Naredco, and we will soon come up with an e-commerce portal for the real estate sector, possibly Read More
Auto And Real Estate Sector Stocks May Rally On Govt Initiatives
It is highly possible that the government would announce some measures for the real estate and auto sector in the coming weeks. Both these sectors generate a lot of employment and would definitely need some kind of relief measures. A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Read More
Budget 2019 | Reviving real estate market: Here’s how Modi govt can make REITs attractive
Union Budget 2019: It is that time of the year when every man on the street has high hopes. There are high expectations on what the Government proposes to do with a powerful instrument it has launched to propel growth. The instrument also holds the potential to increase the spending power in the hands of the common man. At the same Read More
Govt to raise 1 trillion from market for funding education infrastructure
Kendriya Vidyalayas and Navodaya Vidyalayas as well as new medical colleges and central universities established after 2014 will get grants to service the Higher Education Financing Agency (HEFA) loans. New Delhi: The Union cabinet on Wednesday allowed the human resource development (HRD) ministry to raise ₹1 trillion from the market for funding education research and infrastructure. The funds will be raised Read More
Govt incentives to boost residential real estate sector may push housing credit growth to 17-19% in FY19: Report
Government incentives to boost the residential real estate sector, especially budget housing, may push housing credit growth to 17-19 per cent in the current fiscal year, according to a report. Government incentives to boost the residential real estate sector, especially budget housing, may push housing credit growth to 17-19 per cent in the current fiscal year, according to a report. Read More
Govt may reduce sale of short-term bonds on surging yields
India may cut down on issuance of shorter-maturity bonds, a senior government official said, as a drop in prices on the securities in the secondary market prompts investors to demand higher yields at auctions. “While subscriptions have been there, the yields on the shorter end are higher than our expectations,” economic affairs secretary Subhash Garg said in an interview in Read More
Delhi govt advisory on capping medical bills won’t fix health crisis
The advisory of the Delhi government brought to my mind the ‘firmaans’ that emperors used to issue to the people with “thou shall not…”. These ‘firmaans’ were obeyed as the emperors had absolute power that could also punish instances of deviation.Individual freedoms were also circumscribed at that time by the ‘greater good’ principle. The point that then arises is whether Read More
Govt weighs performance-linked funding for central universities
The government spends between Rs200 and Rs350 crore annually on each of the 43 central universities. File photo: HT New Delhi: Future funding of central universities could be linked to their performance as part of a plan to make these institutions more accountable. The performance parameters under consideration include quality of education, placement of students and revenue generation. As part of Read More
BHU violence: Govt unlikely to remove VC GC Tripathi
Banaras Hindu University (BHU) has been on the boil for the last week after some of its female students were molested by outsiders and a subsequent student protest was dealt with police caning them. Photo: AP New Delhi: The Union human resource development ministry is not considering the removal of Banaras Hindu University (BHU) vice chancellor G.C. Tripathi despite a students’ Read More