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Centre empowers LG Ladakh to exercise powers under Land Act

Centre empowers LG Ladakh to exercise powers under Land Act
Centre empowers LG Ladakh to exercise powers under Land Act
Excelsior Correspondent
JAMMU, June 29: President Ram Nath Kovind today empowered the Lieutenant Governor of Ladakh Union Territory Radha Krishna Mathur to exercise the powers of appropriate Government under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013.
A notification to this effect has been issued by the Union Ministry of Home Affairs after approval of the President of India.
The Union Home Ministry notification empowered the Lieutenant Governor of Ladakh to discharge functions of the appropriate under the central Land Acquisition Law. ....

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MSMEs: Transforming industrial landscape: State incentives may yield long-term economic benefits

Synopsis
In India, incentives are made available on two levels - Centre and State. The central government incentives are usually sector-specific and administered by the relevant ministry.
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The momentum generated by these initiatives may trigger the creation of a dynamic business ecosystem and yield long term economic benefits.
Industrial growth is regarded as an indicator of a country s development. Government support plays a key role here. On that line, fiscal incentives policies for industries have been a part of the government strategy for years. They seek to incentivize economic growth through industrial investments by offering subsidies (incentives/concessions)in return. Over the years, as the provision of incentives has gained prominence, they have become a significant factor in the investment decision. ....

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Budget 2021: Why manufacturing industry expects more incentives this time

Budget 2021: Why manufacturing industry expects more incentives this time
Budget 2021 provides an opportunity to harness the capabilities required to implement transformative reforms and build upon the foundations integral for the manufacturing sector to contribute to 25% of the country s GDP by 2025
The manufacturing sector optimistically awaits the announcements in what is deemed to be a budget like never before
Economic growth in India over the years has been propelled by growth in the services sector. Today, the sector contributes the highest to India s GDP. In contrast, the manufacturing sector, despite its higher multiplier effect on employment and growth, has not been able to serve as a powerhouse for the country s growth engines. ....

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Protests by farmers mar public hearing for NIMZ project in Telangana

Protests by farmers mar public hearing for NIMZ project in Telangana
By
IANS
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Published on
Wed, Jan 20 2021 20:42 IST
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Hyderabad, Jan 20 : Protests during the public hearing on land acquisition for the National Investment and Manufacturing Zone (NIMZ) near Zaheerabad in Telangana s Sangareddy district on Wednesday brought focus on the controversy surrounding the upcoming project.
Tension prevailed at Bardipur village when farmers and other villagers were arrested by the police when they staged protests during the public hearing.
District authorities had organised the meeting with farmers and other residents of 17 villages in Nyalkal and Jharasangham mandals where the NIMZ is proposed to be set up. ....

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India Capital Expenditures Survey 2019-2020

By
Anju Ajaykumar
Executive Overview
A company incurs capital expenditure (CapEx) to acquire or upgrade physical assets, including property, plant, and equipment. In this periodic report, ARC Advisory Group looks at a number of different manufacturing industries to identify the current CapEx trends in India. We calculate CapEx in two separate segments: based on the money spent on acquiring and upgrading total fixed assets, and on the money spent on acquiring and upgrading the plant and machinery.
While ARC also publishes a separate global Capital Expenditures report for leading industries in all world regions, this report focuses exclusively on India’s capital expenditure analysis and includes the CapEx trends for leading industries in the country. These include automotive, cement, chemical & petrochemical, electric power, metals, oil & gas and refining, food & beverage, and pharmaceutical. ....

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