NITN | @notintownlive | 29 Mar 2019, 10:20 am
Kolkata, Mar 26 (IBNS): Laxman Jaiswal from Ascon Infrastructure (India) Limited said long-term benefits of recent reforms will be acquired only with the continuity of their enforcement by this or the next government.
Laxman Jaiswal said that a strong stable and effective government and governance is the need of the hour.
He further elaborated that the fight between nationalists and anti-Nationalists forces shall determine the outcome and he strongly advocated the voters to be rationale and objective in their voting as a hung Parliament would again spell doom and after a stable and strong government for five years under Narendra Modi India cannot afford to have instability at the Centre.
Laxman Jaiswal also mentioned that the recent successes in the foreign policies, India’s global image as strong Nation has gone up quite a few notches and an increase in strength of Indian Rupees vis-a-vis US Dollar which can assure the country of greater development and increase in Business, development of infrastructure, all prerequisites, for growth in business and more employment and an increased GDP.
He said, “As a representative of the Real Estate sector I feel that the positive growth coupled with some very effective laws have played a long term beneficial role and I strongly advocate the idea that for the growth of a Nation long term decisions impact the future."
There is a hesitancy working in this period when General elections are declared till results come out and similarly this is a sluggish period as stakeholders conjecture about the possible outcome as investors generally refrain from making market adopting a wait-and-watch stance. Developers too focus on selling their unsold stock rather than launching new projects.
It certainly bears watching if the current Government remains in power to finish the work it has started in reforming the Indian real estate sector, or whether a newly-elected government will hold on to the baton of change and take it to the next lap.
The fact that the new government came to power with a clear majority raised optimism, and the improved sentiment resulted in both sales and new launches picking up.
Due to a spate of policies that followed new launch and sale numbers came down. The Real Estate sector shall get long term benefits in the coming years provided there is a continuity in Governance.
I am looking at a stable Government and a continuity in the present leadership, Jaiswal said.
- Som Tales: Soma Bose’s podcast celebrates the power of storytelling and conversation
- Prabha Khaitan Foundation and WWF-India to celebrate the unsung guardians of India's forest and wildlife
- Vee Vault Capital invites first cohort of high-potential founders
- Sona College student Team Nexus AI designs an intelligent PLC programming assistant
- Ind.AI: Sovereignty, jobs, energy and the “What If?”
- Diabetes, muscle loss and the illusion of quick fixes: Why lifestyle correction—not shortcuts—remains our strongest medicine
- Kolkata: Rotary honours Padmashri 2026 awardee Pandit Tarun Bhattacharya
- Kolkata: Rotary Club of Calcutta Pointers, Indian Cancer Society host cancer awareness, screening camp
- ‘This Union budget is about building capacity, not chasing short-term consumption’
- AI will replace surgeons, coders — and billions of jobs, warns Sraddhalu Ranade at MCHD-SKC Memorial Lecture
Tata Group-owned Air India has inaugurated its new 4 times weekly non-stop service to Rome, marking a return to the Italian city after nearly six years.
Lufthansa is expanding its winter flight schedule for 2026/27 with the launch of a new direct route by between its Munich hub and Rovaniemi, starting December 4, 2026.
Choosing a seat on a flight in India often comes at an extra cost, especially for window, aisle, or front-row options. Over time, what was once a basic part of flying has turned into a revenue stream for airlines, leaving many passengers with limited free choices during web check-in.
