Construction related projects in the state are facing a huge problem of labour shortage. Labourers are not available even at higher wages and as a result, ongoing projects, including many realty projects, are progressing at a snail's pace. The labour intensive real estate and infrastructure industry is worth nearly Rs 50,000 crore and depends heavily upon migrant labourers from Madhya Pradesh, Rajasthan and Bihar besides Panchmahal and Dahod districts of Gujarat. "Infrastructure...

-The Indian Express   Much hope surrounds India’s land acquisition bill, which is to be introduced into Parliament soon. Given how questions about pricing and purchasing agricultural land have begun to affect, and in some cases warp, politics all over India, much depends on getting the institutional framework right. It is necessary to ensure that the land-use change that accompanies this urbanisation be carried out fairly, efficiently and effectively. It has...

Tihar jail today has the largest collection of charged or convicted top officials, a powerful ex-minister, sundry politicians and officials. Maharashtra had a teflon-coated chief minister who was ‘sacked’ to a cabinet post in Delhi after being long untouched by many scandals. Another just exited. A former Jharkhand chief minister is in jail on charges of looting his state treasury and accumulating funds abroad. The powerful founder of the Nationalist...

All real estate transactions will have to be reported to the country's anti- moneylaundering agency once the government amends a key law that seeks to curb black-money transactions. The government plans to amend the Prevention of Money Laundering Act , which will require property registrars to file data of transactions recorded by them with the Financial Intelligence Unit, or FIU, a finance ministry official said. "The scope of the (Prevention...

The population of India’s commercial capital is growing very slowly in the suburbs while it is shrinking in the old city, the preliminary census data on Maharashtra released on Friday shows. Meanwhile, the population of adjoining Thane district has grown explosively at 35.9% between 2001 and 2011, as expensive real estate in the city has pushed people to satellite towns such as Kalyan and Vashi in this district. The shift in people...