Good pipeline of projects in Telangana, more roads, bridges, renewable energy
1 year, 6 months ago

Good pipeline of projects in Telangana, more roads, bridges, renewable energy

The Hindu  

Telangana has responded with a good pipeline of projects and going forward likely to see more demand from projects to develop roads, highways and bridges as well as renewable energy and warehousing facilities, according to India Infrastructure Finance Company Managing Director P. R. Jaishankar. A government of India enterprise providing financial solutions to all sub-sectors of the infrastructure sector in India, IIFCL in Telangana has provided finance to some 30 infrastructure projects with a total project outlay of ₹40,017 crore thus far. While IIFCL does not have any State-wise allocation as its focus is on projects which are commercially viable and in public interest, “Telangana has been been responding with a good pipeline of projects be it airports and in the areas of agriculture development, water and sanitation as well as renewable energy,” said Mr. Jaishankar, who was recently in Hyderabad for a stakeholders meet. Noting that more traction was seen in roads, highways, bridges, renewable energy and warehousing projects in Telangana, he said “we are also looking at some of the projects.” To a query, Deputy Managing Director Pawan K. Kumar said IIFCL will be raising ₹2,000 crore through a 10-year infrastructure bonds issue next week.

India Renewable Energy Projects Telangana Iifcl Good Pipeline  projects  bridges  good  telangana  renewable  pipeline  infrastructure  hyderabad  india  energy  roads  warehousing  crore  iifcl

History of this topic

India Govt to Spend ₹30K Crore on Rail Revamp
5 days, 12 hours ago

India Govt to Spend ₹30K Crore on Rail Revamp

Deccan Chronicle  

Chennai: The government is expected to spend more than Rs 30,000 crore on railway station redevelopment over the next two years. Of these, the estimated cost of redevelopment of major stations under the Rail Land Development Authority phase I is likely to be around Rs 17,000 crore. A total of 1318 stations are being considered for redevelopment under the Amrit …

₹100 trillion infrastructure plan to roll out over 5 years
2 weeks ago

₹100 trillion infrastructure plan to roll out over 5 years

Live Mint  

New Delhi: A grand plan to build India’s infrastructure to a new level is in the works. This person said the capital expenditure for infrastructure is likely to touch ₹100 trillion in five years, which would be used to transform India’s ports, airports, roads and other utilities. The blueprint would include a ₹20-trillion master plan to develop 50,000 km of …

TG Govt Faces Debt Crisis: Interest Payments Surpass Salary Bill
4 weeks, 1 day ago

TG Govt Faces Debt Crisis: Interest Payments Surpass Salary Bill

Deccan Chronicle  

Hyderabad: The state government is grappling with a severe financial crisis as the burden of repaying loans and the interest has surpassed its expenditure on salaries and pensions. The government now allocates over Rs.5,000 crore per month for debt servicing, compared to Rs.3,000 crore towards salaries to three lakh employees and 1.5 lakh pensioners. Data obtained from the finance department …

India’s infra ambitions to get a new X factor: The military
1 month, 1 week ago

India’s infra ambitions to get a new X factor: The military

Live Mint  

India’s infrastructure planning is set to get more extensive with the government preparing to include the military’s requirement to ensure civilian projects can also be made available to the armed forces if necessary. The initiative—planned under Prime Minister Gati Shakti, also known as the National Master Plan for Multi-modal Connectivity—will focus on building dual-use projects across all segments of infrastructure …

Shinde government approves fresh investment projects worth ₹1.17 lakh crore
3 months, 2 weeks ago

Shinde government approves fresh investment projects worth ₹1.17 lakh crore

Hindustan Times  

Mumbai: The Maharashtra government on Thursday approved four large-scale high-technology projects expected to bring a total investment of ₹1,17,220 crore to the state. The cabinet sub-committee also approved an electric vehicle manufacturing project to be set up by Toyota Kirloskar Motor Company. With the new four projects worth over ₹1.17 lakh crore, the total investment projects cleared by the state …

Finance department snubs state on Pune-Sambhaji Nagar e-way project
3 months, 2 weeks ago

Finance department snubs state on Pune-Sambhaji Nagar e-way project

Hindustan Times  

Mumbai: The ongoing combat between bureaucrats and politicians received another impetus on Thursday, when the finance department questioned the state’s need for the Pune-Sambhaji Nagar Greenfield Expressway project, which was put up for cabinet’s approval. “This proposal will increase the pressure on the state’s resources.” The public works department had proposed to build an access-controlled expressway between Pune and Sambhaji …

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar
4 months, 3 weeks ago

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar

Deccan Chronicle  

Vijayawada: Central funds of around Rs.80,000 crore are coming to Andhra Pradesh in the form of various projects and more funds will be channelled to the state through central schemes. Addressing the media in Guntur on Sunday, Union minister of state for rural development, Pemmasani Chandrasekhar, said,”No one had expected that the Centre would give as high as Rs.15,000 crore …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share
4 months, 3 weeks ago

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share

Hindustan Times  

Telangana finance minister Mallu Bhatti Vikramarka on Thursday presented a ₹2.91 lakh crore state budget for 2024-25 in the assembly, with the total revenue expenditure expected to be ₹2.21 lakh crore and capital expenditure ₹33,487 crore, even as the Congress-led government allocated major chunk to agriculture, panchayati raj and rural development and irrigation departments. Stating that the Congress-led state government …

​More for more: On the Union Budget and allocations
4 months, 4 weeks ago

​More for more: On the Union Budget and allocations

The Hindu  

Budgets of the Union or the States, as much as they are revenue and expenditure statements for the upcoming fiscal year, are also an exercise in political economy, and the recently tabled Union Budget for 2024-25 is no different. Aside from the “nine priorities”, beginning with provisions for the farm sector and attempts to boost employment, Union Finance Minister Nirmala …

Telangana Govt Is Committed to Protect Kaleshwaram Project, Says Bhatti
4 months, 4 weeks ago

Telangana Govt Is Committed to Protect Kaleshwaram Project, Says Bhatti

Deccan Chronicle  

Hyderabad: Deputy Chief Minister Mallu Bhatti Vikramarka, who holds charge of the finance department, reiterated that the state government was committed to protecting the Kaleshwaram lift irrigation scheme in accordance with the directors of the National Dam Safety Authority to ensure that thousands of crores of public money spent on the project did not go waste. Lashing out at the …

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore
4 months, 4 weeks ago

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore

The Hindu  

Telangana got a record budget allocation of ₹5,336 crore for railway projects in 2024-25, as against the total railways allocation of ₹2.62 lakh crore of which ₹1.09 lakh crore has been allocated for safety-related activities, said Railways Minister Ashwini Vaishnaw on Wednesday. The budget allocations to Telangana have been witnessing sustained increase with the current year’s allocation being almost six …

Budget 2024: Placing thrust on infrastructure
5 months ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Growth, reforms and infrastructure
5 months ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

941 out of 1,102 projects under AMRUT scheme completed in State
7 months, 1 week ago

941 out of 1,102 projects under AMRUT scheme completed in State

The Hindu  

A total of 941 projects out of the 1,102 projects which were awarded to various agencies under the Atal Mission for Rejuvenation and Urban Transformation scheme have been completed in Kerala with the expenditure currently at 79.88% of the allocated amount. Much progress has been made in projects related to construction of storm water drainage, with 85.83% of the ₹322.50 …

Key projects in power, road and railway infra will accelerate pace of Telangana’s development, says PM Modi
9 months, 2 weeks ago

Key projects in power, road and railway infra will accelerate pace of Telangana’s development, says PM Modi

The Hindu  

Today marks a key milestone in India’s journey towards a greener and more sustainable development with the inauguration, dedication and foundation stone laying of multiple projects of power, renewable energy, railways and road infrastructure projects worth over Rs 56,000 crore, said Prime Minister Narendra Modi. He was speaking after dedicating the Unit 2 of National Thermal Power Corporation’s Telangana Super …

Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod
10 months, 2 weeks ago

Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod

Live Mint  

New Delhi: The Union cabinet on Thursday approved auction of 10,523 MHz of telecom spectrum in multiple bands, including 5G, and aims to mop up ₹96,317.65 crore, minister for information and broadcasting Anurag Thakur said. The cabinet also approved reserving an additional 5MHz spectrum in the 700 MHz band for the railways for national rollout of Kavach, over the earlier …

Telangana: Govt initiates plan to strengthen water supply in urban local bodies
10 months, 2 weeks ago

Telangana: Govt initiates plan to strengthen water supply in urban local bodies

New Indian Express  

HYDERABAD: As part of the water supply service improvement plan and strengthening of underground sewerage system in Urban Local Bodies across the state, the government has initiated the process to strengthen the water supply system and required infrastructure in as many as 98 ULBs and sewerage projects in nine major ULBs covering three packages at an estimated cost of around …

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore
10 months, 3 weeks ago

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore

News 18  

Ensuring more power to infrastructure development for economic growth and employment creation, a large sum of Rs 11,11,111 crore has been set aside as the capital expenditure outlay in the interim budget 2024. “Building on the massive tripling of the capital expenditure outlay in the last four years, resulting in a huge multiplier impact on economic growth and employment creation, …

India Needs $840 Billion Investment In Infra By 2036: World Bank
10 months, 3 weeks ago

India Needs $840 Billion Investment In Infra By 2036: World Bank

Deccan Chronicle  

Chennai: By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum, finds the World Bank. By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum. However, estimates suggest that between …

India’s Infrastructure Push Is Key to Taking on China
11 months, 3 weeks ago

India’s Infrastructure Push Is Key to Taking on China

Live Mint  

The coming few years will be a litmus test for India’s ambition to become a manufacturing hub rivaling China. India’s National Infrastructure Pipeline envisages 111 trillion rupees, equivalent to $1.33 trillion, of infrastructure capital expenditures from fiscal years 2020 to 2025. India’s focus on shoring up its shoddy infrastructure is critical to attracting dollars into the fledgling manufacturing sector, which …

Vision 2047: Infra to be biggest driver for growth push
11 months, 4 weeks ago

Vision 2047: Infra to be biggest driver for growth push

Live Mint  

New Delhi: India’s infrastructure sector is set to become the biggest driver for the country that aspires to become a $5 trillion economy soon and a developed nation by 2047. The newly adopted Vision 2047 document also lays emphasis entirely on infrastructure growth scaling up the pace of development of railways, roads, and ports surpassing most developed countries. Instruments like …

Modi to Inaugurate Mega Development Projects Worth Crores in MP and Rajasthan
1 year, 2 months ago

Modi to Inaugurate Mega Development Projects Worth Crores in MP and Rajasthan

Deccan Chronicle  

NEW DELHI: Prime Minister Narendra Modi will be visiting poll-bound Madhya Pradesh and Rajasthan on October 5 will launch development projects worth several thousand crore during his visit. In Rajasthan, the Prime Minister will lay the foundation stone and dedicate multiple development projects worth about Rs 5,000 crore at Jodhpur in sectors like road, rail, aviation, health and higher education. …

We complete projects once they are initiated, says Modi
1 year, 2 months ago

We complete projects once they are initiated, says Modi

The Hindu  

Prime Minister Narendra Modi said that the culture of his government is such that if it begins any project, it will also complete them. Launching or laying foundation stone for projects worth ₹8,000 crore at Indoor in Nizamabad on Tuesday, Mr. Modi pointed out that projects will help in trade, business and generate jobs for the people of Telangana. The …

PM Modi to launch projects worth ₹8,000 crore in Telangana on Monday
1 year, 2 months ago

PM Modi to launch projects worth ₹8,000 crore in Telangana on Monday

Live Mint  

New Delhi: Prime Minister Narendra Modi is set to inaugurate projects worth over ₹8,000 crore in Telangana on Monday, ahead of the state elections scheduled later this year. "In line with the Prime Minister’s vision of increasing power generation with improved energy efficiency in the country, the first 800 MW Unit of phase 1 of Telangana Super Thermal Power Project …

PM Modi inaugurates infrastructure projects worth ₹13,500 crore in Telangana
1 year, 2 months ago

PM Modi inaugurates infrastructure projects worth ₹13,500 crore in Telangana

Hindustan Times  

Prime Minister Narendra Modi on Sunday laid the foundation stone for several developmental projects and inaugurated other finished structures, in total worth more than ₹13,500 crore via videoconferencing in Mahabubnagar district in Telangana. In addition, the Indian government is establishing a Central Tribal University in Mulugu district of Telangana at a cost of ₹900 crore, and this university will be …

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report
1 year, 2 months ago

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report

The Hindu  

As many as 412 infrastructure projects, each entailing an investment of ₹150 crore or more, have been hit by cost overruns of more than ₹4.77 lakh crore in August this year, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth ₹150 crore and above, out of 1,762 projects, 412 reported cost …

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag
1 year, 3 months ago

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag

India TV News  

Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. Looking to cash in on the opportunity, Gujarat-based infra major Shashijit Infraprojects has announced that it has secured a Letter of Intent from Hari …

How India is racing to secure its borders against China
1 year, 3 months ago

How India is racing to secure its borders against China

India Today  

Indian reaction to Chinese infrastructure activity on the Line of Actual Control as well as along the McMahon Line in the Northeast has picked up over the past few years, especially since the Galwan Valley clash in eastern Ladakh between Indian and Chinese troopers in June 2020. In line with India’s continued infrastructure push at the borders, defence minister Rajnath …

Rajnath Singh inaugurates 90 infra projects, including Arunachal's Nechiphu Tunnel, J&K's Devak bridge
1 year, 3 months ago

Rajnath Singh inaugurates 90 infra projects, including Arunachal's Nechiphu Tunnel, J&K's Devak bridge

India TV News  

Defence Minister Rajnath Singh on Tuesday inaugurated 90 infrastructure projects of the Border Roads Organisation in several states. The BRO completed the critically strategic projects in record time and several of them were constructed in a single working season using state-of-the-art technology, the spokesperson said. The defence minister also laid the e-foundation of Nyoma airfield in eastern Ladakh which will …

Telangana might be a new state, but... ', PM inaugurates infra projects in Warangal
1 year, 5 months ago

Telangana might be a new state, but... ', PM inaugurates infra projects in Warangal

Deccan Chronicle  

Warangal: Prime Minister Narendra Modi on Saturday laid the foundation stones of various infrastructure development projects worth Rs 6100 crore in Warangal and lauded the people of Telangana for their "great contribution" in the history of India. But the contribution of Telangana and its people in the history of India has always been great," PM Modi said after laying the …

Hyderabad: Know about projects worth Rs 6,100 crore to be unveiled by PM Modi in Telangana
1 year, 5 months ago

Hyderabad: Know about projects worth Rs 6,100 crore to be unveiled by PM Modi in Telangana

India TV News  

Prime Minister Narendra Modi on Saturday landed in Telangana and is scheduled to lay the foundation stone for several crucial infrastructure development projects worth around Rs 6,100 crore in Warangal, according to official sources. The Prime Minister will also lay the groundwork for the railway wagon manufacturing unit in Kazipet as part of the program. Know about the projects The …

PM launches projects worth Rs 6,100 crore in Warangal, says Centre took care of Telangana
1 year, 5 months ago

PM launches projects worth Rs 6,100 crore in Warangal, says Centre took care of Telangana

India Today  

Prime Minister Narendra Modi laid the foundation stone for development initiatives worth Rs 6,100 crore in poll-bound Telangana's Warangal on Saturday morning. ": Prime Minister Narendra Modi during theâ€æ pic.twitter.com/Zq3lJ8lMFP — ANI July 8, 2023 Telangana Governor Tamilisai Soundararajan, Union Minister for Road Transport and Highways Nitin Gadkari, Union Tourism Minister and newly-appointed president of BJP in Telangana G Kishan …

Road infrastructure in Telangana: Created to dazzle
1 year, 6 months ago

Road infrastructure in Telangana: Created to dazzle

The Hindu  

Road development is the one key project that has trumped all other projects in the city in terms of vision, fund allocation and execution during the last 10 years since creation of Telangana as a separate state in 2014. Majorly implemented by GHMC, the Strategic Road Development Plan encapsulated a wide array of cost intensive projects, including construction of flyovers, …

Infrastructure projects worth ₹12,089.29 crore completed, according to KIIFB
1 year, 9 months ago

Infrastructure projects worth ₹12,089.29 crore completed, according to KIIFB

The Hindu  

Infrastructure projects worth ₹ 12,089.29 crore undertaken with funding via Kerala Infrastructure Investment Fund Board have been completed. The highest spending is on public works-related infrastructure projects such as roads, ₹ 10,823 crore, followed by industries, water resources, general education, and power. The 45th board meeting of KIIFB held last week had added 64 more projects to the list of …

Seventy projects worth ₹33,540 crore underway in Andhra Pradesh: Gadkari
1 year, 9 months ago

Seventy projects worth ₹33,540 crore underway in Andhra Pradesh: Gadkari

Live Mint  

New Delhi: Union minister for Road Transport and Highways Nitin Gadkari on Friday said there were 70 projects, totalling 2,014 km and costing ₹ 33,540 crore, underway in Andhra Pradesh. Addressing the Andhra Pradesh Global Investment Summit 2023, at Visakhapatnam, Gadkari said efforts were being made to establish five green highways and two expressways at a total cost of ₹32,430 …

No new taxes in Gujarat’s ₹3 lakh crore budget
1 year, 9 months ago

No new taxes in Gujarat’s ₹3 lakh crore budget

The Hindu  

The Gujarat government on Friday presented a ₹3.01 lakh crore budget for 2023-24, a significant 23% rise compared to last year, which proposed no new taxes, doubling of insurance cover and providing two free cooking gas cylinders under the Ujjwala scheme. The State’s public debt has touched around ₹3.8 lakh crore, which Mr. Desai contended was substantially lower than the …

Telangana Budget Live Updates
1 year, 10 months ago

Telangana Budget Live Updates

The Hindu  

February 06, 2023 13:25 Telangana Budget 2023-24 proposes ₹4,037 crore for the Industries Department On the Revenue department, FM Harish Rao said with reforms through DHARANI portal, number of cases relating to land disputes is down to a minimum. Echoing what Industries and IT Minister tells at almost every form, FM Harish Rao says Apple, Google, Amazon, Microsoft and Facebook, …

Morning Digest: February 2, 2023
1 year, 10 months ago

Morning Digest: February 2, 2023

The Hindu  

Jobs get highest mention in last Budget before elections In a bid to soothe several votebanks before the 2024 polls, the FM promises tax relief for the salaried middle class, schemes for artisans and tribal groups, sops for women and MSMEs, and jobs for youth. Defence budget up by 13%; hike in allocation for pension The Union Budget presented in …

Budget 2023 | Major thrust planned for green energy
1 year, 10 months ago

Budget 2023 | Major thrust planned for green energy

The Hindu  

Underlining a commitment to accelerate the Indian economy’s transition to one powered by green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. Green energy was among the ‘Saptarishi’ or seven guiding lights Ms. Sitharaman mentioned in her address that would steer India through …

Budget 2023: Key takeaways from Nirmala Sitharaman's announcements
1 year, 10 months ago

Budget 2023: Key takeaways from Nirmala Sitharaman's announcements

Hindustan Times  

The Narendra Modi government at the Centre will focus on economic growth and job creation and cut down the fiscal deficit, Union finance minister Nirmala Sitharaman said on Wednesday, presenting its last full budget in Parliament before the 2024 election. She also said the enhanced capex of ₹10 lakh crore for infrastructure development is at 3.3 per cent of the …

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman
1 year, 10 months ago

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman

India TV News  

Budget 2023: The Modi government on Wednesday announced that it has fixed capital outlay of Rs 2.40 lakh crore for railways in financial year 2023-24, as the Finance Minister Nirmala Sitharaman presented her 5th budget in the Parliament. BUDGET 2023: FULL COVERAGE Among other announcements regarding the infrastructure development, Sitharaman said that the states and cities will be encouraged to …

Budget 2023: Things To Watch Out For In Last Full Budget Of Modi Government
1 year, 10 months ago

Budget 2023: Things To Watch Out For In Last Full Budget Of Modi Government

ABP News  

The Union Budget preparations have been in the full swing in the North Block. Asset Monetisation In the last fiscal the government targeted the national asset monetisation pipeline to accumulate Rs 1.62 lakh crore. According to various accounts, in this Budget the government may link budgetary allocation to infrastructure ministries to the progress and performance these ministries achieve in the …

'Priority Is Development Not Vote Bank': PM Modi Inaugurates Projects Worth Rs 10,863 Crore In Karnataka
1 year, 11 months ago

'Priority Is Development Not Vote Bank': PM Modi Inaugurates Projects Worth Rs 10,863 Crore In Karnataka

ABP News  

After inaugurating and laying the foundation stone of various development projects with a total worth of Rs 10,863 crore in Karnataka's Yadgiri, Prime Minister Narendra Modi asserted that BJP's priority is development and not vote bank. Today, about 11 crore rural families in the country are getting tap water," PM Modi said after inaugurating and laying foundation stone for projects …

Budget 2023: Asset Monetisation May Determine Budgetary Support To Infrastructure, Says Report
2 years ago

Budget 2023: Asset Monetisation May Determine Budgetary Support To Infrastructure, Says Report

ABP News  

The Union Finance Ministry may link budgetary support to infrastructure ministries with the performance of their asset monetisation in Budget 2023-24, which will be presented by Nirmala Sitharaman on February 1, according to a report in Mint. A senior finance ministry official told Mint, “Performance in asset monetization will be one of the factors taken into account in determining budgetary …

CM orders release of Rs 2,200 crore for developing urban roads
2 years ago

CM orders release of Rs 2,200 crore for developing urban roads

Deccan Chronicle  

Chennai: Chief Minister M K Stalin ordered the release of Rs 2,200 crore as special fund for the development of roads in all urban local bodies in the State, which would take the total allocation for improving 20,990 km of roads in various Corporations, Municipalities and town panchayats to Rs 9,588 crore, an official press release said on Wednesday. As …

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report
2 years, 1 month ago

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report

The Hindu  

A new World Bank report estimates that India will need to invest $840 billion over the next 15 years— that is an average investment of $55 billion per annum— into urban infrastructure to effectively meet the needs of its fast-growing urban population. This is at a time when Public Private Partnership transactions for urban infrastructure in India have registered a …

Union Minister Nitin Gadkari approves Rs 68,000 crore worth of road projects in four Northeast states
2 years, 1 month ago

Union Minister Nitin Gadkari approves Rs 68,000 crore worth of road projects in four Northeast states

India TV News  

Union Minister of Road Transport and Highways Nitin Gadkari on Wednesday, while addressing a press conference in Guwahati announced that his ministry approved a slew of new road projects, valued at Rs 68,000 crore, in four Northeastern states to make international standard surface connectivity. Gadkari after reviewing various national highway projects in the region, said that new projects are worth …

Ship-breaking capacity at Gujarat’s Alang to be doubled: Sarbananda Sonowal
2 years, 3 months ago

Ship-breaking capacity at Gujarat’s Alang to be doubled: Sarbananda Sonowal

The Hindu  

The Centre is working on doubling ship-breaking capacity at Alang yard in Gujarat, which would eventually double the employment opportunities, Union Minister Sarbananda Sonowal said on September 12. On the occasion, Mr. Sonowal said all the stakeholders need to follow Prime Minister Narendra Modi's vision on green ship recycling and vehicle scrapping very sincerely and effectively to protect the environment, …

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