Highway projects worth Rs 15 lakh cr ready to be offered in next 5 years: Union Minister VK Singh
5 years, 1 month ago

Highway projects worth Rs 15 lakh cr ready to be offered in next 5 years: Union Minister VK Singh

Firstpost  

Union Minister VK Singh on Wednesday said infrastructure sector could play a mega role in bolstering the economy and the government is ready with a basket of highway projects worth Rs 15 lakh crore to be offered in next five years New Delhi: Union Minister VK Singh on Wednesday said infrastructure sector could play a mega role in bolstering the economy and the government is ready with a basket of highway projects worth Rs 15 lakh crore to be offered in next five years. He said infrastructure encompasses areas that can generate huge employment and kick off economic progress. Addressing ‘Infra Awards 2019’ by Dun and Bradstreet India, a provider of global business information, Singh said infrastructure encompasses areas which bolster the economy, generate employment and kick-off growth. “We have a basket of approximately Rs 15 lakh crore projects which have to be given out in this 5 years that are coming up.

Highway Projects Vk Singh Infrastructure Sector  role  projects  offered  vk  singh  infrastructure  sector  worth  minister  economic  union  ready  rs  economy  lakh

History of this topic

Delhi to get Rs 12,200 crore boost with PM unveiling key development projects
1 week, 4 days ago

Delhi to get Rs 12,200 crore boost with PM unveiling key development projects

India Today  

On January 5, the Prime Minister will spearhead a transformative initiative for Delhi, unveiling projects collectively valued at over Rs 12,200 crore. INAUGURATION OF NAMO BHARAT CORRIDOR A landmark in public transport, the Namo Bharat Corridor between Sahibabad and New Ashok Nagar will be inaugurated, marking Delhi’s first venture into this advanced connectivity network. DRIVING ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENT …

India’s railway and road expansion boom: 3 stocks to watch
2 weeks, 2 days ago

India’s railway and road expansion boom: 3 stocks to watch

Live Mint  

Think of a developing nation as a moving train or a speeding car. L&T’s transportation infrastructure segment has demonstrated robust execution, with recent projects including portions of the Mumbai-Ahmedabad High-Speed Rail and multiple elevated corridors aimed at urban decongestion. Its ability to execute complex projects across multiple domains, its financial discipline, and proven track record make it an interesting candidate …

India’s budget needs to address three medium-to-long term priorities
2 weeks, 5 days ago

India’s budget needs to address three medium-to-long term priorities

Live Mint  

As we approach the new year, preparation of the annual budget is proceeding in earnest. Apart from the annual balancing of expenditure, revenues and the deficit, the next budget will hopefully address some medium-to-long term priorities, as there is no other policy document that can address these concerns in the post-Five Year Plan era. Muted growth during the last two …

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment
3 weeks, 4 days ago

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment

Live Mint  

The 12 green field projects under the government's National Industrial Corridor Development Project are expected to create employment opportunities for 9.4 lakh individuals, according to a year-end release by the Department of Promotion of Industry and Internal Trade on Friday. These greenfield projects under the National Industrial Corridor Development Project will require an investment of Rs28,602 crore and cover an …

₹100 trillion infrastructure plan to roll out over 5 years
1 month 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 …

These are the five worst-performing sectors of 2024. Will they turn around in 2025?
1 month, 3 weeks ago

These are the five worst-performing sectors of 2024. Will they turn around in 2025?

Live Mint  

This has been a year of reckoning for Indian equity markets, marked by a correction and phase of consolidation after an 18-month bull run. Nifty FMCG Index View Full Image Source: ACE Equity The biggest companies in this sector are Hindustan Unilever, Nestle, Godrej Consumer Products, Britannia Industries, Dabur and Marico. City gas distribution companies such as Mahanagar Gas and …

Cabinet nod for setting up 12 industrial cities to boost manufacturing; outlay ₹28,602 crore
4 months, 2 weeks ago

Cabinet nod for setting up 12 industrial cities to boost manufacturing; outlay ₹28,602 crore

The Hindu  

The Union cabinet on Wednesday approved 12 new industrial cities in 10 States to boost domestic manufacturing with an estimated investment of ₹28,602 crore. The Union Cabinet has approved 12 new project proposals under the National Industrial Corridor Development Programme with an estimated investment of ₹28,602 crore, said Union Minister Ashwini Vaishnaw after the Cabinet meeting. The move will transform …

What’s the Budget push for infrastructure?
5 months, 2 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 …

Union Minister Pradhan highlights acceleration of coastal highway project in Eastern India
5 months, 3 weeks ago

Union Minister Pradhan highlights acceleration of coastal highway project in Eastern India

New Indian Express  

BHUBANESWAR: Union Minister Dharmendra Pradhan on Wednesday said the process for construction of the 413 km long four-lane coastal highway project has been accelerated at a cost of Rs 23,882 crore. On completion, the highway will be a game changer for the social and economic development of eastern India and will realise Modi’s Purvodaya vision, he said. Taking to his …

Budget 2024: Placing thrust on infrastructure
5 months, 3 weeks 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: Government keeps focus on critical areas
5 months, 3 weeks ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Growth, reforms and infrastructure
5 months, 3 weeks 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 …

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme
5 months, 3 weeks ago

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman said in her budget speech on Tuesday that the government would look to improve all-weather connectivity to 25,000 rural habitations by launching phase 4 of the Pradhan Mantri Grameen Sadak Yojana, which aims to link India’s hinterland with major economic centres. The government is expected to expand the definition of “rural habitations” in phase …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months, 3 weeks ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Focus on infrastructure to propel state’s growth: Odisha Finance Minister
11 months ago

Focus on infrastructure to propel state’s growth: Odisha Finance Minister

New Indian Express  

BHUBANESWAR : Finance Minister Bikram Keshari Arukha described the interim budget placed by him in the Assembly on Thursday as growth-oriented and meant for welfare of people. The finance minister has proposed Rs 6,194 crore for road development programme and Rs 100 crore for Biju Expressway. Chief Minister Naveen Patnaik had approved the Metro rail project for Bhubaneswar connecting Biju …

Railway Budget 2024: Centre Allocates Rs 10,369 Crore For Infrastructure Projects In Northeast
11 months, 1 week ago

Railway Budget 2024: Centre Allocates Rs 10,369 Crore For Infrastructure Projects In Northeast

ABP News  

New Delhi: Railways Minister Ashwini Vaishnaw on Thursday said the gross budgetary allocation for railway infrastructure projects in the northeast for the financial year 2024-25 is Rs 10,369 crore, which is 388 per cent higher as compared to average budget allocation of Rs 2,122 crore during 2009-14. During an interaction with media persons from the northeast in the national capital …

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat
11 months, 1 week ago

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat

Firstpost  

Finance Minister Nirmala Sitharaman’s Interim Budget for 2024-25 has proposed a significant boost to the Indian Railways, with plans to establish three major economic railway corridors Energy, Mineral and Cement corridor, Port Connectivity Corridor and a High Traffic Density Corridor aimed at reducing congestion and logistics costs in India. Besides, the budget proposal includes the upgrading of approximately 40,000 trains …

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know
11 months, 2 weeks ago

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know

India TV News  

The India-Middle East-Europe trade corridor, announced during the G20 Summit last year, will be a game-changer for India and the rest of the world, said finance minister Nirmala Sitharaman in her budget speech. Prime Minister Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, …

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended
11 months, 2 weeks ago

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended

Deccan Chronicle  

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore …

India’s Road Infrastructure to Rival With USA Within Next 5 Years, Says Nitin Gadkari
1 year ago

India’s Road Infrastructure to Rival With USA Within Next 5 Years, Says Nitin Gadkari

News 18  

Indian road infrastructure and highways have been witnessing rapid growth, major credit goes to the Minister of Road Transport and Highways Nitin Gadkari. As per the details shared by Cartoq, Gadkari said that India’s road infrastructure soon will rival the USA, and the target will be achieved in the next period of 5 years. Future of India’s Road Infrastructure The …

Vision 2047: Infra to be biggest driver for growth push
1 year 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 …

‘Core debilities’ reducing efficiency of improving infra in Indian cities: Report
1 year, 1 month ago

‘Core debilities’ reducing efficiency of improving infra in Indian cities: Report

Hindustan Times  

New Delhi: While income levels are rising in cities with improved public services and implementation of large-scale construction projects backed by central funding under various schemes and missions, persistent “core debilities” are reducing the efficacy of these positive initiatives, pointed out the ‘India Infrastructure Report 2023-Urban Planning and Development’ released Monday. The basic debilities, said Morris, the editor of IIR-2023 …

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, 4 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, 4 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 …

PM Modi hails govt works in infrastructure sector
1 year, 7 months ago

PM Modi hails govt works in infrastructure sector

The Hindu  

Prime Minister Narendra Modi on Thursday, June 15, 2023, said his government in the last nine years has nurtured the roots of growth and development in India, shaping an infrastructure landscape that is unparalleled. The Prime Minister's remarks on Twitter with the hashtag '9YearsOfGatiAndPragati' come amidst the BJP organising various programmes across the country as part of a mega public …

Dream is to Make Indian Roads World Class, Match US Standards Before End of 2024: Gadkari
1 year, 7 months ago

Dream is to Make Indian Roads World Class, Match US Standards Before End of 2024: Gadkari

News 18  

Union minister Nitin Gadkari said he wants India to have world-class roads and he will try his best to match US standards before the end of 2024. The minister, who was called ‘Roadkari’ by Shiv Sena founder Bal Thackeray, said infrastructure development was one of the most important goals to realise Prime Minister Narendra Modi’s $5-trillion economy dream. For the …

Good pipeline of projects in Telangana, more roads, bridges, renewable energy
1 year, 7 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 …

PM Modi holds roadshow in Nathdwara, launches projects worth Rs 5,500 crore in Rajasthan
1 year, 8 months ago

PM Modi holds roadshow in Nathdwara, launches projects worth Rs 5,500 crore in Rajasthan

India Today  

Prime Minister Narendra Modi launched development projects costing over Rs 5,500 crore in Rajasthan today. Prime Minister Narendra Modi dedicates and lays the foundation stone of infrastructure projects worth over Rs 5,500 crores in Nathdwara, Rajasthan. Our government is focusing on providing modern infrastructure in Rajasthan: PM Narendra Modi pic.twitter.com/WtIoxyvzex — ANI May 10, 2023 Welcoming PM Modi, Rajasthan CM …

PM Modi lauds Nitin Gadkari's infra push: A look at India's National Highways network in last 9 years
1 year, 8 months ago

PM Modi lauds Nitin Gadkari's infra push: A look at India's National Highways network in last 9 years

Firstpost  

India had a total of 91,287 km of National Highways till April 1, 2014, according to the official data. From building 12.1 km per day of roads in 2014-15, India saw 28.6 km of roads being constructed every day in 2021-22 New Delhi: With the unprecedented pace in building National Highways – over 53,000 kms added in last nine years …

Mumbai infrastructure projects in overdrive, where is the upside for city residents?
1 year, 9 months ago

Mumbai infrastructure projects in overdrive, where is the upside for city residents?

The Hindu  

Published : Apr 06, 2023 11:00 IST - 9 MINS READ For close to five years, Mumbai has resembled a gigantic construction site. A new coastal road, a metro rail, and a trans-harbour link are among the many ongoing infrastructure projects that are meant to transform India’s commercial capital into a modern and efficient city. “Major infrastructure projects in a …

New infrastructure promised in Delhi budget but many want existing issues solved
1 year, 9 months ago

New infrastructure promised in Delhi budget but many want existing issues solved

The Hindu  

For a majority of residents, the 2023-24 Delhi budget’s focus on improving infrastructure is a much-needed move. In his budget speech on Wednesday, Delhi Finance Minister Kailash Gahlot laid out a nine-point action plan to make the city “clean, beautiful and modern”. “Residents in most Old Delhi neighbourhoods face problems while walking due to lack of pavements and well-demarcated lanes.” …

Infrastructure development is the driving force of the economy: Modi
1 year, 10 months ago

Infrastructure development is the driving force of the economy: Modi

Deccan Chronicle  

NEW DELHI: Emphasising that infrastructure development is the driving force of the country's economy, Prime Minister Narendra Modi on Saturday said that there was a need to improve our speed and move in top gear to achieve the target of becoming a developed nation by 2047. The Prime Minister was addressing a post-Budget webinar, the eighth in a series of …

PM Modi to address post-budget webinar on Infrastructure, Investment on 4 March
1 year, 10 months ago

PM Modi to address post-budget webinar on Infrastructure, Investment on 4 March

Live Mint  

Prime Minister Narendra Modi will address the post-budget webinar on ‘Infrastructure and Investment - Improving Logistics Efficiency with PM Gati Shakti National Master Plan’ tomorrow through video conferencing. The Webinar is also scheduled to host discussions on three sub-themes namely, Improving logistics efficiency, Planning on PM Gati Shakti National Master Plan and Infrastructure development and investment opportunities. The webinar will …

Seventy projects worth ₹33,540 crore underway in Andhra Pradesh: Gadkari
1 year, 10 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, 10 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 …

Budget 2023 recognises infrastructure as nation’s growth engine
1 year, 11 months ago

Budget 2023 recognises infrastructure as nation’s growth engine

Firstpost  

We welcome Budget 2023 which continues to lay focus on infrastructure development as being the growth engine of the Indian economy. The increased outlay for Railways, and attempt to prioritise the 100 critical transport infrastructure projects and regional connectivity is also quite commendable. This investment along with PM Gati Shakti launched last year to provide multimodal connectivity infrastructure to all …

Morning Digest: February 2, 2023
1 year, 11 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 …

Trains, Roads, 5G, Defence: Where Does Rs 10 Lakh Cr Capex Budget Go? Three-fourth in 4 Ministries, Depts
1 year, 11 months ago

Trains, Roads, 5G, Defence: Where Does Rs 10 Lakh Cr Capex Budget Go? Three-fourth in 4 Ministries, Depts

News 18  

More highways and expressways, Vande Bharat trains, rapid laying out of 5G infrastructure and shoring up India’s defences – this is the top priority of the Narendra Modi-led government in the next financial year with just four ministries or departments accounting for nearly 73 percent of the massive Rs 10 lakh crore capex budget in 2023-24. The budget documents show …

Budget 2023: Key takeaways from Nirmala Sitharaman's announcements
1 year, 11 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: ‘50-year interest-free loans for states to continue…’, says FM
1 year, 11 months ago

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM

Hindustan Times  

Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM Check budget live updates here Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. On October …

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman
1 year, 11 months ago

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 announced that the Centre will continue 50-year interest-free loans to State governments for one more year. Budget 2023 | Record allocation of ₹2.4 lakh crore for Railways On October 13 last year, Prime Minister Narendra Modi had launched the Gati Shakti - National Master Plan, aimed at developing integrated infrastructure to reduce logistics …

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman
1 year, 11 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 …

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth
1 year, 11 months ago

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth

The Hindu  

Support for India's economic growth will come from path-breaking measures such as PM GatiShakti, National Logistics Policy and Production-Linked Incentives schemes, according to the Economic Survey 2022-23. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31. Union Budget Session | Two colleges established in the country every day, says President Murmu Noting that …

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 …

Railway ministry drops proposal for monetisation of stations on PPP mode
2 years, 1 month ago

Railway ministry drops proposal for monetisation of stations on PPP mode

Deccan Chronicle  

New Delhi: The ministry of railways has dropped its proposal for monetisation of stations on public-private partnership mode, and projects are now being taken up under engineering, procurement and construction mode, a source said. The source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds, hill rail, stadiums, railway …

CM orders release of Rs 2,200 crore for developing urban roads
2 years, 1 month 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 …

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

Govt to raise fund for road projects through InvIT
2 years, 4 months ago

Govt to raise fund for road projects through InvIT

Deccan Chronicle  

New Delhi: The government is pitching to raise funds from the capital market for the upcoming road projects. Road transport minister Nitin Gadkari on Tuesday said the government would approach the capital market next month to raise funds for four road projects. InvITs are like mutual funds, designed to pool money from investors and invest in assets that will provide …

Indore: Union Minister Nitin Gadkari emphasises on the benefits of electric mobility
2 years, 5 months ago

Indore: Union Minister Nitin Gadkari emphasises on the benefits of electric mobility

Firstpost  

Politicians should think 50 years ahead, as government officials only do patch work, the union minister said. Foundation stone for five road projects, worth Rs 2,300 crore laid by him in Indore Indore: Union Minister Nitin Gadkari on Monday stressed on the need to reduce the use of diesel in the public transport system and said the fare in electric …

Discover Related