The framework is expected to be finalized this month and the target is to award projects worth 1 trillion rupees ($11 billion) to the private sector by fiscal year 2027.
The proposed PAN-related changes are likely to impact routine payments and several other financial transactions like cash deposits, hotel bills and car purchases.
The proposed PAN-related changes are likely to impact routine payments and several other financial transactions like cash deposits, hotel bills and car purchases.
India's public sector companies hold vast real estate assets — much of it underutilised. A new Budget proposal could move these properties into dedicated REITs, turning idle land and buildings into income-generating, market-valued assets. Here's what that could mean.