Friday, March 14, 2008

Real estate law

The government is all set to bring in a law to regulate the booming real estate sector in Delhi that could be model for the rest of the country, minister for urban development Jaipal Reddy told the Rajya Sabha.

Industrial upgrade
The commerce ministry has approved six industry clusters worth Rs 373 crore under the Industrial Infrastructure Upgradation, Scheme, out of which Rs 247 crore will be in the form of the central government’s grant.

Industrial growth
The latest government data on industrial growth has painted a gloomy picture but economic think-thank Center for Monitoring Indian Economy (CMIE) says all is not lost and has pegged the expansion at 10.4 per cent for fiscal 2009.


Courtsey: Bus.Sandard March 14 2008

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