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Real estate sector seeks Rs 1.25 lakh cr stress fund

The National Real Estate Development Council (NAREDCO), an industry body, is seeking an estimated Rs 125,000 crore via many Housing Finance Corporations (HFCs) and Non-Banking Financial Companies (NBFCs) who they say are ready to establish such stress funds for the ailing real estate sector. According to the body, this will allow for faster sanctions and appraisals.

Sonia Gandhi appeals to PM Modi

The construction industry employs 30 million people, more than the population of Australia or Malaysia; yet only 4 per cent of the current 32 million workers are skilled.

Batching solutions

The recent Budget has brought back smiles to many stakeholders of various verticals; however, the key seems to be implementation on the ground level. On a positive note, VG Sakthikumar, Wholetime Director - Operations, Schwing Stetter India, says, ?Definitely there is a positive movement.

M-sand to Drive Growth

Sand is mixed with cement and water in measured quantity to produce concrete. These sand particles should be hard and inert with respect to cement. Due to huge silt deposition in riverbed and continuous mining of riverbed for sand,

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