@KUNJ wrote:
Reproducing key extracts from the presentation made by me in VP Kolkata meet last Sunday:
Construction is the 6th -largest economic segment in India, accounting around 8 % of the country’s GDP in FY2016-17, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the services sector.
FM in Budget 2018 continued to put a strong thrust on infrastructure development by increasing Government’s estimated budgetary and extra budgetary expenditure on infrastructure to Rs. 5.97 lakh crore against estimated expenditure of Rs. 4.94 lakh crore in 2017-18
Segments of Construction Industry and Key Drivers
Types of Construction Contracts:
Understanding HAM:
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