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government Archive

On National Highways and Expressways Central Government closes 62 toll plazas in public interest

In the recent action, central government informed in Lok Sabha that they has closes about 62 toll plazas, which are on highways and expressways in public interest after the recovery of cost of capital. During the period of question hour in Lok Sabha, Pon Radhakrishnan, the minister of State for Road Transport and Highways, stated […]

Public sector banks allowed to monetize their real estate

In a major development, the finance ministry has allowed the public sector banks to use their real estate to raise money from the market through Special Vehicle Purpose (SPV). Most of the properties which would give handsome gains to banks are situated in metropolitan areas such as Mumbai, Chennai and Delhi. G S Sandhu, the […]