The Government of India has implemented several policies to promote sustainable development through the construction industry. The policies aim to contribute to capital stocks through infrastructure development projects, affordable housing initiatives, and skills training programs. This will enhance social wellbeing by generating employment, providing housing for lower income groups, and improving quality of life. The government also aims to increase environmental capital through regulations and initiatives like the National Green Highways Mission. The overall goal is for the construction sector to sustainably increase its contribution to the national economy and productivity of assets over the long term.
Sustainable Industrial Development: The Role of Networksmicconference
Presentation of Dr. Heinz Leuenberger, Director, Environmental Management, UNIDO
at the Open Dialog for the High- Level Conference of MICs in New York, 6 March 2013
Analysis of the Contribution of CSR Initiatives of Indian Coal Mining Industr...Pawan Kumar Singh
Compulsory participation of business companies in achieving sustainable development goals through
delivering corporate social responsibility (CSR) in effective and efficient manner is one of the firm efforts of India to
ensure that developmental practices go in optimal harmony with social and environmental sustainability. This research
paper analyses to what extent CSR practices of Indian coal mining industry contribute to sustainable development. The
analysis is based on prevalent CSR practices of the industry as well as on businesses motivations regarding
environmental and social investments in the light of legislations and international expectations; that mean what
responsibilities the industry should bear in order to achieve sustainable development goals on its part and how far it has
gone through its CSR initiatives. The analysis revealed that the CSR initiatives could cause very limited outcome in
spite of substantial expenditure of money and efforts by the industry. Most of the initiatives undertaken were short-term
mitigation of business impacts. The paper recommends integration of CSR measures in core business operations of the
industry and conducting standard measurement practice for need assessment before undertaking CSR activity as well as
periodical impact assessment to align CSR activities with sustainable development goals.
Impact of Built Environment on Natural Environment has to be reduced. How? This presentation deals with Low Energy Buildings which will serve as Trend setters of the Future. Presentation made during International conference at Mysore on Trend setting structures.
REDECON 2016 INTERNATIONAL CONFERENCE ON TALL STRUCTURES sabnisajit
Presentation made during International Conference on Tall Structures at Bangalore. Presentation deals with a new Sustainability Development Index that can help in assessing sustainability levels in percentage. A new tool, a new approach based on the concept of Figure of Merit.
Sustainable Industrial Development: The Role of Networksmicconference
Presentation of Dr. Heinz Leuenberger, Director, Environmental Management, UNIDO
at the Open Dialog for the High- Level Conference of MICs in New York, 6 March 2013
Analysis of the Contribution of CSR Initiatives of Indian Coal Mining Industr...Pawan Kumar Singh
Compulsory participation of business companies in achieving sustainable development goals through
delivering corporate social responsibility (CSR) in effective and efficient manner is one of the firm efforts of India to
ensure that developmental practices go in optimal harmony with social and environmental sustainability. This research
paper analyses to what extent CSR practices of Indian coal mining industry contribute to sustainable development. The
analysis is based on prevalent CSR practices of the industry as well as on businesses motivations regarding
environmental and social investments in the light of legislations and international expectations; that mean what
responsibilities the industry should bear in order to achieve sustainable development goals on its part and how far it has
gone through its CSR initiatives. The analysis revealed that the CSR initiatives could cause very limited outcome in
spite of substantial expenditure of money and efforts by the industry. Most of the initiatives undertaken were short-term
mitigation of business impacts. The paper recommends integration of CSR measures in core business operations of the
industry and conducting standard measurement practice for need assessment before undertaking CSR activity as well as
periodical impact assessment to align CSR activities with sustainable development goals.
Impact of Built Environment on Natural Environment has to be reduced. How? This presentation deals with Low Energy Buildings which will serve as Trend setters of the Future. Presentation made during International conference at Mysore on Trend setting structures.
REDECON 2016 INTERNATIONAL CONFERENCE ON TALL STRUCTURES sabnisajit
Presentation made during International Conference on Tall Structures at Bangalore. Presentation deals with a new Sustainability Development Index that can help in assessing sustainability levels in percentage. A new tool, a new approach based on the concept of Figure of Merit.
Perspective View of Stakeholders into the Impact of Construction Industries D...Premier Publishers
The main objective of this paper is to explore the views of developers about the impact of construction industries development on the environment to ascertain feasibility practice of sustainable construction principles. A survey of developers registered with REHDA community was conducted to assess their views on the impact of construction industries development on the environment when implementation of their projects. Results reveal that environment problems are the effect of construction industries development. Furthermore, results identified a need for adopting environmental sound management approach in construction projects. Developers are very important people, who can play a significant role in planning and implementing sustainability strategies for the construction sector so environment and natural energies can be preserved for good. Cross-section views of these developers form the basis of this study, thus, it was a cross-sectional study based on the relationship of construction industries with environment within Penang. The study magnified the effect of localized construction industries into the environment, which was concurrent with the worldwide issues happening in the contemporary environment. The study of these relationships explores the current environmental practices in depth and incurs the attention of implementation of sustainability performance in built environment.
Emerging Issues in International Business Environment: Growing concern for ecology, Digitalisation; Outsourcing and Global Value chains. Labor and other Environmental Issues, Impact of Pandemic COVID-19 on international trade
International Journal of Engineering Research and Applications (IJERA) is an open access online peer reviewed international journal that publishes research and review articles in the fields of Computer Science, Neural Networks, Electrical Engineering, Software Engineering, Information Technology, Mechanical Engineering, Chemical Engineering, Plastic Engineering, Food Technology, Textile Engineering, Nano Technology & science, Power Electronics, Electronics & Communication Engineering, Computational mathematics, Image processing, Civil Engineering, Structural Engineering, Environmental Engineering, VLSI Testing & Low Power VLSI Design etc.
National Conference on Alternative building Technologies and green Buildings. Concept of Green buildings and high performance buildings discussed in the framework of sustainability and assessment of impact of Built environment on natural environment.
Business and Sustainability: New Business History PerspectivesDiego Fernandes
I've just found it very interesting and relevant for sharing.
Kudos to Ann-Kristin Bergquist for her work and HBS for supporting it.
"This working paper provides a long-term business history perspective on environmental
sustainability. For a long time, the central issues addressed in the discipline of business history
concerned how business enterprises innovated and created wealth, as well as patterns of success
and failure in that process, but there now exists a compelling stream of new research focused
on the environmental consequences of economic growth. The earliest theme to be explored, is
the story of how and why some conventional industries sought to become less polluting.
Researchers have dated this phenomenon back to the late nineteenth century, showed it gained
momentum from the 1960s, and explored how it resulted in the mainstreaming of sustainability
rhetoric, and sometimes practice, in large Western corporations from the 1980s. A more recent
research theme has been the story of how for-profit entrepreneurs developed entire new product
categories such as organic food and wind and solar energy. This process has also been traced
back to the nineteenth century. With the rise in green consumerism and public policy support
in some developed countries (primarily in Europe) for sustainability during the 1990s, these
two historical trends met, as the concept of sustainable development spread to large
conventional corporations, and visionary green firms scaled or were acquired by conventional
big businesses. The problem is that the concept of sustainability became socially constructed in
a sufficiently broad fashion as to include even the most unsustainable and dirty industries. The
working paper concludes that the emergent business history literature needs to be incorporated
in the wider management literatures on sustainability, and the issue of business and
sustainability deserves to become a central issue, rather than a marginal one, in the discipline
of business history."
Role of Green Issues of Mining Supply Chain on Sustainable Developmentirwan zulkifli
Semua kegiatan yang terlibat dalam dunia industri berkontribusi terhadap masalah lingkungan. Mereka membuat lingkungan sekitar menjadi hancur dengan aktifitas penebangan kayu dihutan secara liar dan ilegal, membuang limbah-limbah pabrik mereka ke lingkungan dalam bentuk gas, cair, ataupun padat. Mereka tidak pernah memperhatikan lingkungan sekitar mereka bekerja, tidak ada usaha untuk melestarikan lingkungan dengan cara memanam kembali pohon-pohon yang sedah ditebang, dan berusaha untuk tidak membuang limbah mereka kelingkungan seperti mendaur ulang sampah-sampah limbah mereka. Perekonomian sering diberikan prioritas dalam kebijakan dan masyarakat dan lingkungan diabaikan oleh industri ekstraktif. Dengan adanya IPTEK maka manusia berfikir bagaimana caraanya untuk memberikan kontribusi yang baik untuk lingkungan. Salah satunya adalah membuat limbah-limbah sampah pabrik menjadi bermanfaaf bagi lingkungan dan masyarat, serta sampah limbah tersebut menjadi bernilai ekonomis.
Innovation and Sustainable Development: The Question of Energy EfficiencyIOSR Journals
This article aims to examine the conditions in which technological innovation can foster and promote sustainable development. It takes into account all forms of technological innovation potential for sustainable development: process innovations, product innovations, organizational innovations, market innovations. It is also interested in the whole chain of innovation and pays particular attention to the plurality of devices innovation. This Research continues scientific representations which are guided by operational concerns. This paper will attempt to discern the relationship between innovation and energy efficiency. Thus, we will describe the technology and process innovation for sustainable development and where energy consumption is minimized for a service rendered identical. We will put the findings into perspective in relation to the Tunisian context
International Journal of Engineering and Science Invention (IJESI)inventionjournals
International Journal of Engineering and Science Invention (IJESI) is an international journal intended for professionals and researchers in all fields of computer science and electronics. IJESI publishes research articles and reviews within the whole field Engineering Science and Technology, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
David kutek a professional civil engineer with 16 years of experience in many...David Kutek
David Kutek is a professional civil engineer with 16 years of experience working with number of organizations as well undertaking many government projects. He resides in the USA and he completed his graduation from Canada in 1996.
Paper is an attempt to look at the context of construction sector in terms of its role and importance in generating employment, leveraging economy, making contribution to national wealth and promote sustainability.It tries to identify the challenges faced by the construction sector and suggest options to make it globally competitive, qualitative and vibrant, It call for skilling the manpower deployed in the sector and promoting R&D to make it more inclusive and productive.
Perspective View of Stakeholders into the Impact of Construction Industries D...Premier Publishers
The main objective of this paper is to explore the views of developers about the impact of construction industries development on the environment to ascertain feasibility practice of sustainable construction principles. A survey of developers registered with REHDA community was conducted to assess their views on the impact of construction industries development on the environment when implementation of their projects. Results reveal that environment problems are the effect of construction industries development. Furthermore, results identified a need for adopting environmental sound management approach in construction projects. Developers are very important people, who can play a significant role in planning and implementing sustainability strategies for the construction sector so environment and natural energies can be preserved for good. Cross-section views of these developers form the basis of this study, thus, it was a cross-sectional study based on the relationship of construction industries with environment within Penang. The study magnified the effect of localized construction industries into the environment, which was concurrent with the worldwide issues happening in the contemporary environment. The study of these relationships explores the current environmental practices in depth and incurs the attention of implementation of sustainability performance in built environment.
Emerging Issues in International Business Environment: Growing concern for ecology, Digitalisation; Outsourcing and Global Value chains. Labor and other Environmental Issues, Impact of Pandemic COVID-19 on international trade
International Journal of Engineering Research and Applications (IJERA) is an open access online peer reviewed international journal that publishes research and review articles in the fields of Computer Science, Neural Networks, Electrical Engineering, Software Engineering, Information Technology, Mechanical Engineering, Chemical Engineering, Plastic Engineering, Food Technology, Textile Engineering, Nano Technology & science, Power Electronics, Electronics & Communication Engineering, Computational mathematics, Image processing, Civil Engineering, Structural Engineering, Environmental Engineering, VLSI Testing & Low Power VLSI Design etc.
National Conference on Alternative building Technologies and green Buildings. Concept of Green buildings and high performance buildings discussed in the framework of sustainability and assessment of impact of Built environment on natural environment.
Business and Sustainability: New Business History PerspectivesDiego Fernandes
I've just found it very interesting and relevant for sharing.
Kudos to Ann-Kristin Bergquist for her work and HBS for supporting it.
"This working paper provides a long-term business history perspective on environmental
sustainability. For a long time, the central issues addressed in the discipline of business history
concerned how business enterprises innovated and created wealth, as well as patterns of success
and failure in that process, but there now exists a compelling stream of new research focused
on the environmental consequences of economic growth. The earliest theme to be explored, is
the story of how and why some conventional industries sought to become less polluting.
Researchers have dated this phenomenon back to the late nineteenth century, showed it gained
momentum from the 1960s, and explored how it resulted in the mainstreaming of sustainability
rhetoric, and sometimes practice, in large Western corporations from the 1980s. A more recent
research theme has been the story of how for-profit entrepreneurs developed entire new product
categories such as organic food and wind and solar energy. This process has also been traced
back to the nineteenth century. With the rise in green consumerism and public policy support
in some developed countries (primarily in Europe) for sustainability during the 1990s, these
two historical trends met, as the concept of sustainable development spread to large
conventional corporations, and visionary green firms scaled or were acquired by conventional
big businesses. The problem is that the concept of sustainability became socially constructed in
a sufficiently broad fashion as to include even the most unsustainable and dirty industries. The
working paper concludes that the emergent business history literature needs to be incorporated
in the wider management literatures on sustainability, and the issue of business and
sustainability deserves to become a central issue, rather than a marginal one, in the discipline
of business history."
Role of Green Issues of Mining Supply Chain on Sustainable Developmentirwan zulkifli
Semua kegiatan yang terlibat dalam dunia industri berkontribusi terhadap masalah lingkungan. Mereka membuat lingkungan sekitar menjadi hancur dengan aktifitas penebangan kayu dihutan secara liar dan ilegal, membuang limbah-limbah pabrik mereka ke lingkungan dalam bentuk gas, cair, ataupun padat. Mereka tidak pernah memperhatikan lingkungan sekitar mereka bekerja, tidak ada usaha untuk melestarikan lingkungan dengan cara memanam kembali pohon-pohon yang sedah ditebang, dan berusaha untuk tidak membuang limbah mereka kelingkungan seperti mendaur ulang sampah-sampah limbah mereka. Perekonomian sering diberikan prioritas dalam kebijakan dan masyarakat dan lingkungan diabaikan oleh industri ekstraktif. Dengan adanya IPTEK maka manusia berfikir bagaimana caraanya untuk memberikan kontribusi yang baik untuk lingkungan. Salah satunya adalah membuat limbah-limbah sampah pabrik menjadi bermanfaaf bagi lingkungan dan masyarat, serta sampah limbah tersebut menjadi bernilai ekonomis.
Innovation and Sustainable Development: The Question of Energy EfficiencyIOSR Journals
This article aims to examine the conditions in which technological innovation can foster and promote sustainable development. It takes into account all forms of technological innovation potential for sustainable development: process innovations, product innovations, organizational innovations, market innovations. It is also interested in the whole chain of innovation and pays particular attention to the plurality of devices innovation. This Research continues scientific representations which are guided by operational concerns. This paper will attempt to discern the relationship between innovation and energy efficiency. Thus, we will describe the technology and process innovation for sustainable development and where energy consumption is minimized for a service rendered identical. We will put the findings into perspective in relation to the Tunisian context
International Journal of Engineering and Science Invention (IJESI)inventionjournals
International Journal of Engineering and Science Invention (IJESI) is an international journal intended for professionals and researchers in all fields of computer science and electronics. IJESI publishes research articles and reviews within the whole field Engineering Science and Technology, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
David kutek a professional civil engineer with 16 years of experience in many...David Kutek
David Kutek is a professional civil engineer with 16 years of experience working with number of organizations as well undertaking many government projects. He resides in the USA and he completed his graduation from Canada in 1996.
Paper is an attempt to look at the context of construction sector in terms of its role and importance in generating employment, leveraging economy, making contribution to national wealth and promote sustainability.It tries to identify the challenges faced by the construction sector and suggest options to make it globally competitive, qualitative and vibrant, It call for skilling the manpower deployed in the sector and promoting R&D to make it more inclusive and productive.
Technology And The Construction Industry Essay
Construction Of Construction And Construction
Construction Project Essay
Research Paper On Modern Construction Techniques
Essay On Construction Management
Construction Industry Literature Review
Essay on Construction
Essay On Construction Industry
Building Construction Essay
Construction Essay
Construction Of The Construction Industry Essay
The Complexity in Construction Projects
Essay About Construction
Construction Project : A Complex Process Essay
A Career in the Construction Industry
General Contractor Essay
Construction Economics
Construction sector remains crucial for any state and country for its rapid growth and development.. Majority of resources/spending in any nation is used by the construction sector. Creation of large and valuable assets has its genesis in the construction industry. Construction industry remains major consumer of resources and generation of the waste. It is also known to be largest generator of employment and promoter of industrialization. More than 290 industries are said to be involved in providing products which are used by the industry. Considering the critical role and importance of construction industry in the economy, environment and sustainability, considering the large amount of construction being taken up , it is important that construction sector must be made more cost-effective, material-efficient and sustainable. Paper tries to bring out the role and context of construction sector in any economy and also tries to define the need for making it more sustainable. Taking the example of Singapore , paper tries to illustrate how the sector can be made more effective and efficient, Paper also defines the role of continued research and development in the area of new materials and new technologies to make the construction sector both qualitative and sustainable, Paper also defines the context of pre-fabrication and new materials in making construction sector sustainable.
5 Ways the Construction Supply Chain Impacts the World.pdfwilliamshakes1
The construction supply chain is a driving force behind economic development, environmental stewardship, infrastructure provision, technological innovation, and social progress.
Sustainability Indicators in Building Projects in Khartoum State during Const...IJAEMSJORNAL
The construction industry is a major economic contributor within developed countries and is a rising markets for developing nations. Focusing on the Khartoum state this work present the most important sustainability indicators (SIs) must applied during construction stage (COS) and operation stage (OPS) for achieve sustainable performance of the construction projects. A study was conducted by adopting the SIs relevant of SIs must be applied during the COS and OPS to achieve the sustainable performance. A questionnaire was designed to collected data. Then the weights average was used to determine the most important SIs depend on the different five scales. The results shown that the important economic indicators (ECIs) during COS are: Fair wages, client changes, productivity and profitability, and the social indicators (SOIs) during COS are: direct employment opportunities, client satisfaction, health and safety and the ratio of local employment, the result also shown that the environmental indicators (ENIs) during COS are: recycling materials, water quality, use of renewable energy system and reducing dust and noises pollution. Furthermore, the results also shown that the ECIs during OPS are: impact of project on the local economy and infrastructure, and the SOIs during OPS are: the role of project in developing services and client satisfaction, and the ENIs during OPS are: reducing chemical emissions, water pollution and waste generated, indoor quality and use of renewable energy system. The results of this research can be helpful to sustainable building planners, designers, and developers in Khartoum state to achieve the sustainability requirements.
Demolition Services in UAE, known for its rapid economic growth and dynamic urban development, has witnessed a surge in construction projects over the years. As the landscape transforms with new structures, the need for efficient and sustainable demolition services becomes paramount.
Construction Industry Through Artificial Intelligence -.docxJIT KUMAR GUPTA
Considering the role, relevance and importance of construction sector in promoting economy, generating employment and creating wealth besides providing infrastructures and amenities, there is need to make the sector more effective, efficient, productive and sustainable. Driven manually, construction sector remains in the slow lane of creating quality built environment which are cost-effective, energy efficient, least consumers of resources and generators of waste. Artificial intelligence can help and empower the construction to make it more valuable, productive and qualitative besides supportive of environment and ecology. However, construction sector must be ready to co-operate and collaborate with IT industry to look for options and opportunities to make construction sector more qualitative and productive. Majority of urban ills and climate related issues can be resolved if Artificial intelligence can be embedded as integral part of the construction industry right prom planning, designing, construction, operation and management of the built environment and infrastructures. Communities and nations will save lot of valuable non-renewable resources if the construction sector is transformed from human led to technology led by the induction of Artificial intelligence. However, Construction industry has to search the areas where Artificial intelligence can be used effectively and intelligently.
Need of sustainable development and related issues pertaining to process indu...eSAT Publishing House
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology
BALANCING ACT ENVIRONMENTALLY FRIENDLY PRACTICES IN INFRASTRUCTURE PROJECTS.pdfpulisconstructionsau1
In the rapidly evolving landscape of infrastructure development, the need for sustainable and environmentally friendly practices has never been more crucial. As we witness a surge in global infrastructure projects, striking a delicate balance between progress and environmental responsibility is imperative. This blog delves into the intersection of infrastructure development and eco-conscious practices, shedding light on the challenges, opportunities, and innovative solutions that can pave the way for a greener future.
A Study on Eco-friendly Building Management with Respect to Feasibility of Im...inventionjournals
The purpose of the study is to examine the factors affecting the eco-friendly building management with respect to feasibility of implementation. A cross sectional research on 487 citizens and 500 students through questionnaire method and analysed using SPSS software. The population of study consists of resident’s views on eco-friendly building management in Kochi. The study was conducted during the period of October 2016 to January 2017. This study identified five dimensions of eco-friendly building management such as public interests, environmental impact, economy, material management and water and energy management. Furthermore, this study confirmed that there is significant impact on public interests, environmental impact, economy, material management.
Similar to Responsibility of CONSTRUCTION INDUSTRY in Indian Sustainable Development (20)
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Total Environment Tangled Up In The Green - Residential Plots Where Nature an...JagadishKR1
Embark on a journey where lush landscapes and contemporary living converge at Total Environment's Tangled Up In The Green Residential Plots in Devanahalli, Bangalore. Surrounded by verdant expanses, these plots offer an idyllic setting for your dream home. Immerse yourself in the serenity of nature while enjoying the finest amenities and design, where every moment is a harmonious blend of luxury and tranquility.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
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2. 1
Construction Industry in India
The Construction industry of India is an important indicator of the development as
it creates investment opportunities across various related sectors. The construction
industry has contributed an estimated Rs 1,064,068 cr to the national GDP in 2016-
17 (a share of around 7.74%) (as per http://statisticstimes.com). The industry is
fragmented, with a handful of major companies involved in the construction
activities across all segments; medium-sized companies specializing in niche
activities; and small and medium contractors who work on the subcontractor basis
and carry out the work in the field. there were slightly over 500 construction
equipment manufacturing companies in all of India. The sector is labor-intensive
and, including indirect jobs, provides employment to more than 35 million people.
Major Segments of construction Industry
There are three major segments in construction industry
Construction is an essential part of any country infrastructure and industrial
development. Construction industry, with its backward and forward linkages with
various other industries like cement, steel bricks etc. catalysis employment
generation in the country. Construction is the second largest economic activity next
·Real Estate
Construction
• Resaidential
• Commercial
·Infrastructure
Building
• Roads
• Railways&
Airports
• Power etc
·Industrial
Construction
• Oil & Gas
Refineries
• Pipelines
• Textile etc
3. 2
to agriculture. Broadly construction can be classified into 3 segments “
Infrastructure, Industrial and Real Estate.
The construction activity involved in different segments differs from segment to
segment. Construction of houses and roads involves about 75% and 60% of civil
construction respectively. Building of airports and ports has construction activity in
the range of 40-50%. For industrial projects, construction component ranges
between 15-20%. Within aparticular sectoralso constructioncomponentvaries from
project to project.
Environmental
Construction projects around the world have a significant impact on our
environment, both on a local and a global scale. Every stage of the construction
process has ameasurable environmental impact: the mining processes used to source
materials, the transportation of these materials to the building site from sources
around the world, the constructionprocess itself and the waste removal and disposal
process that follows the completion of the project. With a rapidly developing global
economy, it is crucial that we understand how the constructionprojects we undertake
impact the environment and how we can measure and reduce that impact in the
future. This article discusses the impact of construction projects on the environment
and how contractors and firms can work to reduce that impact
Aside from contributing to climate change on a global scale, individual construction
projects can have a significant impact on local environments and nature. There are
numerous sources of water pollution on building sites, including diesel and other
fossil fuels, paints, solvents, and toxic chemicals. Even minor chemical spills leech
into the ground and may enter waterways where they toxify water and harm aquatic
life. In the developing world, there are often less stringent requirements for the
disposal of toxic construction waste products, resulting in significant local
environmental damage following a building project.
Even greater than the impacts of the construction process itself is the environmental
impact of the actual buildings that are being constructed. It has been estimated that
the daily operation of buildings accounts for 40% of total energy usage worldwide.
Projects like the Dakota Access Pipeline have been criticized for their long-term
4. 3
environmental impact on the areas they run through. Critics of this project suspect
that transporting fossil fuels through hundreds of miles of pipeline will lead to oil
spills that can go undetected for long periods and damage or destroywild lands that
were previously undisturbed.
The Future of Environmentally Conscious Construction
Reducing the environmental effects of construction requires a collaborative effort
from many different stakeholders. While legislators work to create regulations
surrounding constructionwaste management and green building construction, many
global construction firms are taking the initiative to create, study, and enforce their
standards for limiting the environmental impacts of construction projects.
One of the main areas of innovation is the usage of green building materials in new
projects. Green materials can besynthetically produced, reducing, oreliminating the
need to engage in destructive and costlymining practices that usea lot offossil fuels.
Green materials may also beeasier to recycle or re-use in other projects in the future,
leading to cost savings for firms and lesser environmental impacts that benefit
everyone. Construction debris disposal is also streamlined by the use of materials
that are quickly and efficiently recycled.
Socio – Economic
Sustainable development
Sustainable development is a process of ensuring a rising per capita quality of life
over time. Improved quality of life reflects increases in per capita real incomes,
better health and education, improved quality of natural and built environments, and
more social stability. Hence, quality of life is a multi-faceted goal for society and is
regarded bythe Indian government as an over-arching objective for industry and the
population in general.
A rising quality of life is ensured by increasing the stockof productive assets in the
economy since it is these assets – the nation’s true wealth – that constitute the
capacity to producegoods and services that people need and want. Theseproductive
assets consist of man-made, human, social and environmental capital. Man-made
capital refers to machinery, buildings and infrastructure. Human capital refers to the
stockofhuman knowledge and skills, and capacities. Social capital refers to the glue
that holds society together, and loss of social capital shows up in crime and family
breakdown, and loss of community. Environmental capital refers to all
5. 4
environmental assets – rivers, the atmosphere, forests and wetlands, oceans and the
soil. The productivity of these capital assets - their contribution to social wellbeing
- is enhanced by technological progress. In the light of these definitions, the
contribution of the construction industry to sustainable development can be gauged
by assessingits role in contributing to the capital stocks and to technological change.
This sets the structure of the report, which looks at each asset in turn.
A schema for sustainable development
6. 5
Sustainable
development
•Sustainable developmentisa processof ensuringa risingper capita qualityof life overtime.
Quality of life
•Quality of life reflectsincreasesinpercapita real incomes,better healthand education,
improvedquality of natural and built environments,andmore social stability.
Productive
assets
•Risingquality of life isensuredby increasingthe stock of productive assets inthe economy.
Those assetsconsist of man-made,human, social and environmental capital.
Social
wellbeing
•The productivityof these capital assets - their contributionto social wellbeing- isenhanced
by technological progress
Contributing
to capital
stocks
•The contributionof the constructionindustry to sustainable developmentcanbe gaugedby
assessingits role in contributingto capital stocks and to technological change.
Save more than
the level of
depreciation on
itsassets.
•The eonomicaccounting enablessustainabilityofthe industry to be measureddirectlyby
buildingon the idea of a savings rule wherebyno enterprise can be regarded as sustainable if
it failsto save more than the level of depreciationon its assets.
7. 6
Political Context
Construction Industry Development Council
The Planning Commission, Government of India, jointly with the Indian
construction industry has set up Construction Industry Development Council
(CIDC) to take up activities for the development of the Indian construction
industry.
The Council, for the first time in the country, provides the impetus and the
organisational infrastructure to raise quality levels across the industry. This helps to
secure wider appreciation of the interests of construction business by the
government, industry and peer groups in society.
Vision of Construction Industry Development Council (CIDC)
8. 7
Clarity of purposeand intent forms CIDC's mandate. Since its inception in 1996, the
Council has taken several initiatives for the development of the industry. Few are
given below:
Advice the Government on policy formulation related to construction
industry.
Standardization of construction contracts and procedures.
Training manpower at skilled worker level and construction management
level.
Grading of construction entities
Devise mechanisms for workers' welfare.
Create an environment that ensures equality of opportunity for all Indian
contractors.
Help evolve policies for financing.
Help the industry move from the current state of rule-bound, lowest-price-
based contracting to a more quality-conscious, time-bound & technology-
driven one.
Dispute Resolution in Construction Contracts.
Establishing construction equipment bank.
Interaction and networking with international organisations to promote
emerging technologies and best practices.
Administration and Regulations of Construction Industry
Construction Projects are subject to a host of Central and State laws simultaneously.
Administratively and in terms ofregulation, Central & State Governments have their
own roles to play in Construction. Structure and Role of Construction
Administration
• Structure and Role of Construction Administration of Central Government &
• Structure and Role of Construction Administration of Local Government
There is focussed central machinery or structure of administration for the
Construction Industry. As this sector’s activities are involved with every sector of
the economy, at the Central Government level, the issues related to Construction are
taken up by the Planning Commission.
9. 8
In fact Construction was given the Identity of an Industry only two years ago.
Housing & Real Estate, constituting around 10.3% of total Construction, is the only
one segment of the Construction Industry which has a Ministry called the “Ministry
of Urban Affairs”.
Equivalent Ministries exist at State level and at Municipal/local levels. Activity at
any site is governed by the State or a combination of State and Central
administration, depending on the location. Administratively the following
Ministries/Departments/Organisations have operating influence over Construction
Industry: - 7 - Indian Construction Industry – 2006-07
Central Government Ministries
Ministry of Commerce
Ministry of Finance
Ministry of Urban Affairs and Employment
Ministry of Industries
Ministry of Home Affairs Central Government Departments
Cabinet Committee on Foreign Investment
Secretariat of Industrial Assistance
Foreign Investment Promotion Board
MRTP Commission
Registrar of Companies
Central Excise and Customs Department
State Government
Revenue Department
Urban Development Authorities
Sales Tax
Town and Country Planning
Autonomous Statutory Bodies
Reserve Bank of India
Security and Exchange Board of India
Municipal Committee
10. 9
Project Objective
To find the Government of India’s policies for construction industry contributes
towards Sustainable Development of India or not
The conditions for sustainability
The easiest way of thinking aboutsustainability is not to dwell ondefinitions ofwhat
it comprises, but to ask what needs to be done by each generation to ensure a
reasonable chance that succeeding generations will have a rising QOL. However the
QOL is defined, the means of generating it will lie in the possession of various
capital assets and in advancing their productivity through technological change.
Traditional economics focused on machinery and infrastructure (man-made capital)
as the main engine of economic growth. Later, the role of human capital – a trained
and educated labour force – was found to be a vital ingredient of economic success.
At the same time, technological change – an increase in the productivity of capital
assets – was emphasised. The wider notion of QOL has recently brought to the fore
two other capital notions: social capital and natural capital.
Socialcapital refers to interpersonal relationships, most often summarised as ‘trust’
between individuals (Fukuyama, 1995). The greater the degree of trust the lower the
costs to society of entering into contracts, bargains and exchanges, and the greater
the effort that can go into production or the provision of services. Social capital
reduces society’s need to engage in unproductive activities that arise because of the
need to ensure that contracts, whether legalised or customary, are honoured.
Finally, natural capital refers to environmental assets. All environmental assets
generate flows of services to humankind. Thoseservices may take the form of direct
amenities which facilitate recreation oraesthetic appreciation, or they may take more
subtle forms such as the cleansing of water or the air, or as a provider of personal
wellbeing through greater contentment.
The economic approachto sustainability therefore now focuses onall four forms of
capital asset – man-made, human, social and environmental – and on technological
change as a means of raising the productivity of each form of capital, the ability to
generate more QOL per unit of capital asset. The resulting conditions for
sustainability are then fairly easy to derive. Future QOL depends on the assets
available to future generations, and on technological change. So sustainability is
(reasonably) assured if this generation leaves a greater per capita stock of capital
11. 10
assets to future generations, and if it encourages technological innovation. This has
come to be known as the ‘constant capital’ rule for sustainable development
(Atkinson et al. 1997).
India the country of vivid cultures, society and geography it is not easy to find out
the Development of Infrastructure and Housing demand But Government of India
estimates it for future in order to maintain sustainable development.
Project Activity
To find the major policies of GOI in different construction sector.
To make the sustainable construction industry development framework of
India.
To find the major problem in sustainable development through construction
industry and what are the possible solutions.
Data Used : Secondary Data like Newspaper, Internet
Project Stakeholders
Infrastructure
• Goverment
• Goverment
agencies
• Private Companies
• Public
Housing
• Goverment
• Private Companies
• Customers
12. 11
Major Key Drivers in Infrastructure sector
• The GoI in the Union Budget 2014-15, has announced a
project to develop ‘100 Smart Cities’
• INR 70.6 Billion has been allocated in the current fiscal year
for the same.
• Infrastructural Development Project like SEZs , Industrial
Corridor , Highway Development are launched by the GoI.
which will Bring large Tenders and Jobs for the Society
100 Smart City
• The GoI is in the process of launching a new urban
development mission. This will help develop 500 cities,
which include cities with a population of more than
100,000 and some cities of religious and tourist
importance.
• These cities will be supported and encouraged to harness
private capital and expertise through Public Private
Partnerships (PPPs), to holster their infrastructure and
services in the next 10 years.
500 AMRUTCities
• Exemption from customs/excise duties for development of
SEZs for authorised operations approved by the BOA.
• Income Tax exemption on income derived from the
business of development of the SEZ in a block of 10 years,
in 15 years under Section 80-IAB of the Income Tax Act.
• Exemption from Central Sales Tax (CST).
• Exemption from Service Tax (Section 7, 26 and the Second
Schedule of the SEZ Act).
SEZ/EMC's/Other
Sectoral Clusters
13. 12
Government of India’s policies in Sustainability Framework
Social : Government of India formulates policies like
Pradhan Mantri Awas Yojana
Deendayal Antyodaya Yojana (DAY) - National Urban Livelihoods
Mission (NULM)
The National Housing and Habitat Policy (NUHHP), 2007, with a mandate of
providing “Affordable Housing to All”, envisaged that the States would
prepare a State Urban Housing and Habitat Policy and also a State Urban
Housing & Habitat Action Plan. The policy empowers the States to include
passing of specific Acts by the States to achieve the housing policy objectives
through institutional, legal & regulatory reforms, fiscal concessions, financial
sector reforms and innovations in the area of resource mobilization for
housing and related infrastructure development including promotion of cost
effective building materials and technologies at the State level. The policy will
also include an action plan and a pragmatic road map to achieve the objectives
of the policy. A number of States have prepared their State Housing Policies
and some ofthem have reported to be working on the same. In the recent past,
however, the States of Rajasthan and Odisha have come up with specific
• NationalHighways
•Expressways
•SEZ's , National
IndustrialCorridor
Authority
•Projected 1T
Investment
•12 % Contributionto
GDP
•Envioment Protection
Act 1986
•NotificationRegauding
Construction Sector(9
dec 16)
•National Green
Highways Mission
•Pradhan Mantri Awas
Yojana
•Deendayal Antyodaya
Yojana(DAY) -
National Urban
LivelihoodsMission
(NULM)PrintBack
Social Enviromental
Infrastructual
(Man made)
Economic
14. 13
housing policy aimed at affordable housing. The States of Uttar Pradesh and
Haryana have also come up with the same.
Primary objective is to provide affordable housing to all sections of society
by 2022
Employment : Construction sector is 2nd largest employment provider after
agriculture in this country . mostly the poor people gets employed in this
sector as the labourer . so it will generate more employment opportunists.
Economic :
GoI projection to bring $ 1 Trillion investment by 2017
To increase the contribution of construction sector to 12%
Affordable housing policies help lower sections to get home in cheap prices
LARR (Amendment) Bill, 2015: Amendments proposed on March 9, 2015
The Right to Fair Compensation and Transparency in Land Acquisition,
Rehabilitation and Resettlement (Amendment) Bill, 2015 was introduced in
Lok Sabha on February 24, 2015 to replace an Ordinance. The following
amendments were circulated by the government on March 9, 2015.
Environmental :
Announcement on 20 smart cities
National Green Highway mission
India signs UN climate change Paris agreement
Notification on Integration of Environmental Conditions in Building and
Construction Sector 2015
o Change to public purpose ƒ The Bill amends the Act to include
acquisition of land for private hospitals and private educational
institutions within the definition of public purpose. ƒ The amendments
remove this provision of the Bill. This implies that acquisition of land
for private hospitals and private educational institutions is no longer
included within the definition public purpose.
o Changes to five categories of exempted projects: ƒ The Bill allows the
government to exempt five categories of projects from: (i) Social
Impact Assessment, (ii) limits onacquisition of irrigated multi-cropped
land, through a notification, and (iii) consent provisions. These five
categories are: (i) defence, (ii) rural infrastructure, (iii) affordable
15. 14
housing, (iv) industrial corridors, and (v) infrastructure and social
infrastructure
o . The amendments make the following changes to this provision: ƒ
Industrial corridors: The amendments clarify that land acquired for
industrial corridors will be for industrial corridors set up by the
government and government undertakings. Further, land can be
acquired up to 1 km on bothsides ofthe designated railway line or road
of the industrial corridor. ƒ
o Social infrastructure: The amendments remove social infrastructure as
an exempted category.
o Changes to SIA and limits on irrigated multi-cropped land: ƒ The Bill
allows the government to exempt the above five categories of projects
from SIA and limits on irrigated land, through a notification. The
amendments add that before issuing this notification, the government
must ensure that the extent of land being acquired is in keeping with the
minimum land required for such a project.
o Survey of wasteland: ƒ The amendments add that the government
must conduct a survey of its wasteland including arid land, and
maintain a record containing details of suchland, as may be prescribed
by the government
o . Changes to rehabilitation and resettlement: ƒ Under the Act, the
rehabilitation and resettlement award for each affected family includes
employment for at least one member of the family. ƒ The amendments
change this provision to ensure compulsoryemployment to at least one
member of such an ‘affected family of a farm labourer’.
o Changes to Land Acquisition, Rehabilitation and Resettlement
Authority: ƒ The Act provides for the establishment of a Land
Acquisition, Rehabilitation and Resettlement (LARR) Authority which
may beapproached in casea personis not satisfied with an award under
the Act. ƒ The amendments state that the LARR Authority must hold
its hearing in the district where the land acquisition is taking place, after
receiving a reference from the Collector and giving notice of this
reference to all concerned parties.
All these policies are towards the sustainable natural environment.
Infrastructural (Man Made )
National highways & Expressways
16. 15
Special Economic Zones
Industrial Corridor
o A National Industrial Corridor Authority, with its headquarters in Pune
is being set up to coordinate the development of Industrial Corridors
with emphasis on Smart Cities linked to transport connectivity to spur
growth in manufacturing and urbanisation.
Problem Analysis
Barriers in sustainable development
Corruption
o In India Corruption Rate is very high and especially in construction
sector it is highest
o Major Construction companies bribe lots of money to politicians to get
contract
o Also construction companies do not use proper materials during
construction.
o Bribe increases the project cost and decreases the quality.
Execution Framework
o Although the new Government of India have clear vision towards
sustainable development of country but there is lack of executional
framework and time limit.
Technology
o Technology of India is yet far behind of other countries . most of
automatic robotics technology we have to buy from other developing
nations which requires huge cost.
High Investment
o All these projects like Smart Cities, Expressways are requires a huge
investment.
17. 16
Solutions
Initiatives on Single Window Approvals:
World Bank report on Ease of Doing Business 2015 has ranked India
at 142nd in overall rankings out of 189 countries. Particularly, India
ranks 184th out of 189 Countries in dealing with construction permits.
In this regard, the Ministry of Housing and Urban Poverty Alleviation
is coordinating with various Ministries in enhancing the ease of doing
business in respect of construction permits and the Hon’ble Minister
had held meetings in February, May, August, September and October,
2015 with the key ministries like Environment & forests, Urban
development, Defence, Civil Aviation, Culture and Consumer affairs
for fast tracking of NOCs to housing projects and also addressed the
Chief Ministers of states & UTs.
Mostof the Ministries have agreed in principle to delegate the approval
authority to the State/ULBs by setting in overall frameworks for
approvals. The MoEF&CC has prepared Draft guidelines for
environmental clearance along with a simplified checklist for
environmental compliance by ULBs. The Ministry of Culture has
signed an MoU with ISRO for survey and mapping of all the 3,686
protected monuments in the country thus enabling online approvals and
mobile based apps. The Ministry of Civil Aviation is preparing Colour
Coded Zoning Maps (CCZMs) that would enable ULBs accord
approvals without the applicants going to the AAI. The MoUD has
prepared Model Building Byelaws 2015 drafted with a chapter on Ease
of Doing Business and the MoConsumer Affairs is updating the
National Building Code. The objective of such exercise is to ensure
approvals of projects within 30 days.
eProcurement System : The eProcurement System of India enables
the Tenderers to download the Tender Schedule free of cost and then
submit the bids online through this portal. This helps in increasing
transparency & accountability and reduces corruption.
18. 17
o Non-standard bidding documents can create space for
manipulation and lead to opaque decision making. In order to
reduce the opportunities for corruption, it is essential that
administrative procedures and decisions happen in full
compliance with the law, in a transparent manner and with
limited discretionary decision-making powers
FDI POLICY
Construction - Development projects (which include development of
townships, construction of residential/commercial premises, road or
bridges, hotels, resorts, hospitals, educational institutes, recreational
facilities, city and regional level infrastructure, townships) - 100% FDI
through automatic route is permitted. The conditions under this sector
are:
No minimum land area requirement in case of development of
serviced plots.
In case of construction-development projects, minimum floor area
of 20,000 sq. mts.
It is clarified that 100% FDI under automatic route is permitted in
completed projects for operations and management of townships,
malls/shopping complexes and business constructions.
FDI is not allowed in the real estate business or construction of a
farmhouse and trading in transferable development rights (TDR).
100% FDI is allowed under the automatic route for urban
infrastructure areas like urban transport, water supply, sewerage and
sewage treatment subject to relevant rules and regulations.
FDI Policy for Industrial Parks:
100% FDI is allowed under the automatic route. ‘Industrial Park’ is
a project in which quality infrastructure in the form of plots of
developed land or built-up space or a combination with common
facilities is developed and made available to all the allotted units for
the purposes of industrial activity.
Leasing Technologies: Most of the technologies change frequently so
it is affordable to take it on lease rather than buying it.
19. 18
Execution regulationsystem : There should be a fixed accountability
of these ministries on the execution of these projects and plan. & if t
not performing well then proper action should be taken on ministers.
CostProfit analysis : Before starting any bidding process government
should do cost profit analysis and give tender on that value on which
companies could not able to make excess profit .
Conclusion
It’s very long way to go to attain the sustainability in construction sector.
Current government policies are the positive step to attain sustainability.
It is important to take corrective measure to remove the barriers like
corruption.
Most of country’s sustainable development depends on this sector.
It sustainable development in this sector can help in improving the quality of
life of citizens.
References
http://envfor.nic.in/content/gsr3999-e-09-12-2016-notification-integration-
environmental-conditions-building-and-construc
http://envfor.nic.in/sites/default/files/Building%20and%20Construction.pdf
http://mhupa.gov.in/User_Panel/UserView.aspx?TypeID=1414
http://socialjustice.nic.in/UserView/index?mid=76662
http://www.makeinindia.com/sector/construction
http://www.nhai.org/index.asp