For long the government and ICEMA have often spoken about lending a helping hand. Puneet Vidyarthi, brand leader, CASE India, says, “The government is trying its best to take appropriate measures and tackle this unprecedented situation. Nitin Gadkari made some announcements which have reassured that the sector will reinvigorate soon. MoRTH has ensured that it will reduce the build-up of arbitration cases and NHAI has asked project managers to cancel portions of the proposed contracts in case of any hurdles in the land acquisition process. The government is also trying to ensure doubling of roads & highways construction projects in the upcoming period.”
Dheeraj Panda, director, customer support, sales & marketing, Sany India, says, “ICEMA has always worked closely with the government. Lately, they have been able to extend the BSIV deadline from October 2020 to another six months has come as a relief to us. Similarly, GST on construction equipment was sealed at 28% and it’s only when the association intercepted that it was brought down to 18%.”
This story is from the July 2020 edition of Construction Week.
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This story is from the July 2020 edition of Construction Week.
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