Construction after workers' vaccination to realty sector in Bengal: Credai

The exercise will help revive 300,000 jobs and the Rs 90,000-crore industry in the state, the real estate sector body said

Topics
Coronavirus Vaccine | Coronavirus | Real Estate

Press Trust of India  |  Kolkata 

Realty firms will vaccinate

workers against Covid-19, as asked by the government, to start construction activities as it will help revive 3 lakh jobs and the Rs 90,000 crore industry in the state, sector body CREDAI said on Monday.

Construction work came to a grinding halt due to Covid-19 restrictions during which only essentials and continuous process industry were allowed to operate.

CREDAI's state unit said that it will inoculate workers.

"Members of CREDAI are ready to organise vaccination camps for construction workers. We can also bear the cost. For us, safety of all workers and employees is most important," CREDAI chairman Sushil Mohta said.

Chief Minister Mamata Banerjee on Monday offered this solution to the realty sector in which work in some 300 large construction sites are stranded due to restrictions to tackle the second wave of the Covid-19 pandemic.

"industry is of Rs 90,000 crore. The government (annually) gets Rs 6,800 crore as stamp and registration duty and half of Rs 1,100 crore GST revenue from the industry," Mohta said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, June 01 2021. 05:15 IST
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