Projects Today, Author at 81th Projex Survey - Page 3 of 10

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An overview of Orders & Contracts awarded in Q1 & Q2/FY21

An overview of Orders & Contracts awarded in Q1 & Q2/FY21

Projects Today - October 7, 2020

Second tranche of measures announced to support migrants, farmers, small businesses

Healthy increase in contracts awarded in Q2/FY21

Projects Today - October 6, 2020

PM inaugurates Atal Tunnel in Himachal Pradesh

PM inaugurates Atal Tunnel in Himachal Pradesh

Projects Today - October 5, 2020

India's first vertical lift railway sea bridge underway in Tamil Nadu

India’s first vertical lift railway sea bridge underway in Tamil Nadu

Projects Today - September 20, 2020

Project fraternity shares view post RBI Policy announcement

Project fraternity shares view post RBI Policy announcement

Projects Today - August 15, 2020

;The RBI was expected to announce a status quo on rates after multiple and significant repo rate reductions over the past few months. The move to offer a further Rs 10,000 crore to NABARD & NHB will help bring liquidity to the sector. The 90 percent lending against gold will make it easier for the middle class to avail liquidity. It is important now for the RBI to further reduce the reverse repo to help banks lend further and let go of the cautious approach that has been adopted currently. Importantly, the move to form an expert committee to examine the one-time restructuring of loans will significantly help borrowers mitigate the impact of COVID-19 and the subsequent lockdowns."

Kaushal Agarwal – Chairman, The Guardians Real Estate Advisory on RBI...

Projects Today - August 14, 2020

“A Positive step by Reserve Bank of India to pay heed to India Inc’s long pending demand of one time restructuring of loans without classifying them as NPAs, by setting up an expert committee steered by KV Kamath. Opening up the window for restructuring of loans to companies, individuals and MSME under mandated safeguards grants breather to the liquidity strapped industry. A flexible repayment scheme under the new resolution framework shall bring in the much-needed relief to resume operations smoothly. He additionally acknowledged the fact accorded by the RBI governor of maximum transmission of rate cut benefits percolating down the banking stream, which shall be reflected in easing the credit supply to meet working capital needs of the Industry across the board. Additionally, liquidity of Rs 10,000 crore announced to be infused in NABARD and NHB will definitely aid the reeling sector to tide over the liquidity crisis”. This indicates that the fiscal measures by RBI have started showing the positive outcomes on the economy."

Dr Niranjan Hiranandani – President, Assocham & NAREDCO on RBI policy...

Projects Today - August 11, 2020

''The RBI has approved a long pending demand of the real estate sector to allow one-time restructuring of loans. This will boost the much-needed liquidity and streamline stressed assets in the real estate sector. But this restructuring comes with a stipulation and It will be implemented by 31 March 2021. It would have been an icing on the cake, had the RBI considered the net worth positive projects and allowed one-time restructuring for all the projects, which were held up. On the other side, the move will upscale the efforts of the realtors to revive the housing demand by selling-off unsold housing inventories too. Another Rs 10,000 crore window facilitated through the National Housing Bank & NABARD will shield the housing sector from liquidity disruptions and will augment the flow of finance to the sector through housing finance companies. This provision will reduce the stress being faced by smaller non-bank finance companies and micro-finance institutions in obtaining access to liquidity.''

Rajan Bandelkar, President, NAREDCO West on RBI policy announcement

Projects Today - August 8, 2020

Karnataka’s New Industrial Policy 2020-2025 to draw Rs five lakh crore investment

Karnataka’s New Industrial Policy 2020-2025

Projects Today - July 26, 2020

Prime-Minister-launches-Garib-Kalyan-Rojgar-Abhiyaan-to-boost-rural-livelihood

Prime Minister launches Garib Kalyan Rojgar Abhiyaan to boost rural livelihood

Projects Today - July 1, 2020

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EVEN MORE NEWS

In Q1/FY21, the country underwent one of the longest and stringent lockdowns, which started from 25 March 2020. Though Unlock 1.0 was announced on 8 June 2020, economic activities across the country have commenced at a very low pace. The intensity of the pandemic has not yet diluted. Millions of labourers who migrated to their homes have not shown any urgency to return to their worktowns

States prune projex plans

81st Survey January 9, 2021

An-overview-of-Fresh-Investment-in-Q2-Q3_FY21

An overview of Fresh Investment in Q2-Q3/FY21

81st Survey January 9, 2021

Tenders worth over Rs 2.10 lakh cr issued in Q3/FY21

Tenders worth over Rs 2.10 lakh cr issued in Q3/FY21

Orders & Tenders January 9, 2021