No asset class including real estate has generated wealth. So consumption is suffering. Scrap LTCG
Example AP and Maharashtra
Infra are long gestation. If interrupted are huge loss to exchequer
These things should be checked.
Give that good feeling to consumers. By equity gains and lower taxes. Consumption will boost by own
When a city is planned. Then cement, labour , steel all grow up.
We need to think on those lines.
Huge demand, job creation
We all know many are sitting on cash.
Similarly a city for retired people
Make best Infra for them. Develop Old Delhi as green and tourist area
Will create jobs and export opportunities
Simple. We need less red Tapism. Lower land prices, which unfortunately controlled by politicians and labour reforms
Time is timing out.
India can be manufacturing hub