Govt to develop 200 airports in the next 4 years says Secretary, Civil Aviation
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Govt to develop 200 airports in the next 4 years says Secretary, Civil Aviation
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REIT is aimed at attracting investment in the real estate sector by monetising rent-yielding assets. It helps unlock the massive value of real estate assets and enable retail participation.
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Global demand in 2020, measured in cargo tonne-kilometers (CTKs), was 10.6 per cent below 2019 levels.
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Aero India 2021 gets as many as 601 exhibitors - 523 Indian and 78 foreign while 14 countries have confirmed participation at the Yelahanka Air Force Station in Bangalore. But the highlight is the biggest ever make in India contract worth Rs 48,000 crores inked formally with Defence Public Sector Undertaking, HAL today.
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The existing mechanism also does not entail any filter which could bifurcate recipients into innocent and blameworthy, thereby jeopardizing the interests of recipients who did not intend to retain the benefit.
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India is developing an offshore finance hub called Gujarat International Finance Tec-City, or GIFT City to attract foreign investors with close to zero tax, and top-notch infrastructure in an effort to compete with Hong Kong and Singapore.
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Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 crores to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores from Rs 1,13,000 last FY. Fiscal burden at 9.5 % is dampening impact on the overall budget including defence.
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Activities of land use regulation and permissions are the main cause of delay in real estate and housing projects. The process should be fully digitalized and timely clearances of the permission should be ensured. T
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Agriculture employs about half of India's population of 1.3 billion, and unrest among an estimated 150 million landowning farmers is one of the biggest challenges to the government of Prime Minister Narendra Modi since coming to power in 2014.
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