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Tag Archives: Construction Sector

Measures for revival of the Construction Sector

The construction sector has been facing a number of problems, mainly arising from the liquidity constraints caused on account of their payments not being released by the Government Departments/ Public Sector Undertakings (PSUs) pursuant to the arbitral awards. In order to discuss the problems of the construction sector, detailed deliberations/ consultations… Read More

Cabinet approves Initiatives to revive Construction Sector

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi  approved various measures to revive the construction sector which has been undergoing stress.

Under the proposal put forward by NITI Aayog and approved by the CCEA. Government agencies would pay 75% of the arbitral award amount to an escrow account against margin… Read More

NBCC wins Gold Award in Construction Sector

NBCC

NBCC (India) Limited has won Gold Award in Construction Sector, bestowed upon it at the 15th ANNUAL GREENTECH SAFETY AWARD 2016 Ceremony. The Company has been awarded the Award by M/s. Greentech Foundation, for its Outstanding Achievement in Safety Management for Redevelopment of Kidwai Nagar (East) Project, New Delhi.

IndianBureaucracy.com wishes… Read More